By Alex C The Nigerian Stock Exchange (NSE) is to set to list the shares of Notore Chemical Industries Limited. The NSE has listed Seplat Petroleum Development Company Plc and Caverton Offshore Services Group Plc so far this 2014. Reports reveal that Notore has formerly applied to the NSE preparatory to its listing. The company had since 2012 disclosed its intention to be quoted on the NSE. However, nothing happened in that regard the whole of last year. It is believed that the listing of Notore would give investors opportunity to diversify their investment in another area of agric business.…
Author: Pride Team
By Alex C United Bank for Africa Plc (UBA) has unveiled an international payment card for salary account holders, enabling them to get a credit advance ahead of their pay-day. The payment solution tagged ‘U-Advance Card’ is designed for staff of reputable organisations and high net-worth individuals (HNIs) who receive regular monthly salary. UBA’s innovation is coming at a time when the number of high-net-worth individuals is set to increase in Nigeria and Africa in general. Nigeria is home to at least 15,700 high-net-worth individuals (HNWIs) as at 2013 with the number set to increase by 47 percent to 23,000…
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By Bimbola Segun-Amao I woke up today to see Google is celebrating the anniversary of Mandela’s birth with an interactive Doodle. Madiba would have been 96 years today and if he were here, I am pretty sure there would have been a party in his honour. Nelson Mandela was an outstanding personality, your 10/10 type of person. Amidst many things, I found it amusing that Mandela studied Law while behind prison walls, who does that? He said “Education is the most powerful weapon which we can use to change the world” A man of wisdom and eloquence, his words are…
By Winsome ‘Lyrical Healer’ Duncan of www.creditcrunchqueen.com As I sit in my office in warm sunny England, I look out to my horizons and see how beautiful life really is. I began thinking about teamwork and the benefits of working as a collective. There is an old Jamaican proverb that says “one hand can’t clap”. Simply put this means you need two hands to make a clapping sound. I am a firm believer as an entrepreneur that you never arrive at the top alone. You need people to assist you along the way. If you do not have customers to…
By Alex C Seplat Petroleum Development Company Plc market capitalisation has appreciated by N67 billion three months after its listing on the Nigerian Stock Exchange (NSE). The company which became the first oil exploration and production firm to be listed on the NSE on April, 2014, is also listed on the London Stock Exchange (LSE) following a successful $500 million initial public offering in the international markets. Seplat’s worth on the stock exchange appreciated from N318.707 billion to N387.317 billion as at Monday 15 July 2014 with closing price of N700. The growth, which is a sign of demand for…
By Alex C Zenith Bank Plc, Nigeria’s second generation bank, has appointed Mr Jim Ovia as board chairman and non- executive director of the bank. Ovia, pioneer managing director and chief executive officer of Zenith Bank Plc appointment was contained in statement issued by the bank. According to a statement by the bank’s group Managing Director, Mr Peter Amangbo, Jim Ovia takes over from Mr Steve Omojafor who resigned last month. The appointment had been approved by the Central Bank of Nigeria (CBN) with Ovia appointment said to take effect on Tuesday July 16, 2014. Ovia retired from the bank…
By Alex C The value of interbank transfers has risen from N51 billion monthly in January 2012 to over N1.5 trillion as at June 2014, according to data captured through the Nigerian Inter- Bank Settlement System(NIBSS). While this rise in interbank transfer has been aided by the cashless policy of the Central Bank of Nigeria (CBN), NIBSS transfers rose in volume from 87,000 transactions a month in January 2012 to 3.1 million transactions a month as at June 2014. Latest figures from CBN reveal that the volume of Point of Sale (PoS) transactions increased astronomically from less than 2000 monthly…
My dear daughter, When I was young and dating (mind you I did date a few beauties before I met the most beautiful girl in the world -your mother) one of the things I noticed with most girls was that they used words “carelessly” – saying so many things they did not necessarily mean; and treating utterances as if they were mere jokes. My dear, one should have a sense of humour and enjoy the fun that is in life and living. However, I would like you to imbibe as one of the content of your character, the ability to…
By Ifeoluwani Crystal Adeolu Fashion is a very silent but powerful communicator. It has the power to make or mar a person. It can speak many words, it can say, “I am important”, “I can make the air shiver” “I can make everyone stop in awe”, “I am a nerd”, “I don’t care”, “I am depressed”, “I don’t have time”, .”I’m clueless”, I’m overwhelmed” or “I’m creative” It is an inherent nature in man to assess and judge a man by his clothing, even though it could be wrong assessment, but it is important to let your style speak for…