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Standard Chartered, Airtel Africa to drive financial inclusion across continent
Standard Chartered Bank and Airtel Africa on Thursday announced a strategic collaboration to drive financial inclusion across key markets in Africa by providing customers with increased…
Universal Insurance beats Covid-19 impacts, record growth in profitability
Underwriting firm, Universal Insurance Plc during the first half of the year 2020 recoded growth in both top and bottom- lines despite the covid-19 pandemic, which underscores the firm’s…
Aramco’s Q2 profit tanks 73.4% predicts oil recovery
Oil giant, Aramco’s profit plunged 73 percent in the second quarter of the year, on the back of a slump in energy demand and prices as coronavirus crisis hit sales at the world’s biggest oil…
In landmark deal, Network buys Apis-backed DPO Group
In a landmark deal for Africa’s payments space, Network International, a leading enabler of digital commerce across the Middle East and Africa (MEA), has acquired DPO Group, a high-growth…
WAPIC gets shareholders’ approval for name change to Coronation Insurance Plc
Wapic Insurance Plc has secured the approval of its shareholders to change the company’s name to Coronation Insurance Plc. The change of name came as a Special Resolution during the…
Northern Nigeria Flour Mills proposes N26.7m dividend payout from N64.6m full year…
The Directors of Northern Nigeria Flour Mills Plc (NNFM) will recommend to shareholders at the forthcoming annual general meeting the declaration of a total of N26.73million representing a…
AXA Mansard sells pension subsidiary to Eustacia Limited
AXA mansard insurance Plc has announced its divestment from its pension subsidiary, AXA Mansard Pension Limited, after agreeing to sell its stake to Eustacia Limited, a member of the Verod…
FSDH Holding holds first-ever AGM, group posts N5.8bn 2019 profit
On the 13th of July 2020, FSDH Group held its first Annual General Meeting under its new financial holding structure. The new structure birthed FSDH Holding Company Limited in 2019, a non-…
I-invest opens equities market to millions of Nigerians
New and experienced retail investors can now own a piece of the companies listed on the Nigerian Stock Exchange (NSE) using the i-invest app on their smartphones from the comfort of their…
IATA’s Business Confidence Index paints tougher 12 months ahead for airlines
Results reported in the International Air Transport Association’s (IATA’S), the representative body for the global airline industry’s ‘Airline Business Confidence Index July 2020’ survey,…