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MarMTN Nigeria plans merger of Momo Payment Service Bank and Yello Digital Financial Services
MTN Nigeria Communications Plc has proposed a merger of its two finance subsidiaries; Momo Payment Service Bank Limited and Yello Digital Financial Services Limited. In a notification about its Annual General Meeting scheduled to hold in April 18, 2023, one of the resolutions to be passed is stated thus: “That […]
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MarGlobal Money Week: NGX restates commitment to promote financial literacy
In a bid to mark the annual Global Money Week, the Nigerian Exchange Limited has disclosed that NGX is partnering the Central Bank of Nigeria (CBN) with educational programmes and events aimed at enhancing financial literacy in children and youths while driving financial inclusion. The theme of Global Money Week[…]
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MarNigerian Enamelware Plc cancels proposed bonus shares issuance
The Nigerian Enamelware Plc has notified the Nigerian Exchange and the investing public of the cancelation of the proposed bonus of 3 new shares for every 2 shares held. At the 62nd Annual General Meeting (AGM) of the company in November 2022, shareholders had authorised the company to convert the[…]
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MarStock market sheds N15bn, down by 0.05%
It was a bearish session on the floor of the Nigerian stock market on Monday as The All Share Index was down by 0.05% to close at 54,888.48 points from the previous close of 54,915.39 points. The Market Capitalisation declined by 0.05% to close at N29.901 trillion from the previous[…]
