Guinness Nigeria Kicks Off N40b Rights Issue

Following shareholder approval received in January, Guinness Nigeria Plc has now received clearance of the issue documents from the Securities and Exchange Commission and approvals from the Nigerian Stock Exchange to list the new Guinness Nigeria shares on The Nigerian Stock Exchange. The funds raised will support the Company in executing its strategy in the…

Amnesty Office Under Attack By Politicians, Blackmailers

Recently, a wave of false fabricated stories about the activities of the Niger Delta Presidential Amnesty Programme has been systematically circulated. Wabiye Idoniboyeobu Media Consultant to the Special Adviser to the President on Niger Delta Affairs and Coordinator of the Presidential Amnesty Programme in a press statement today said the recent act of blackmail “is…

Fate Foundation Boss Tasks FG On Entrepreneurship Education

Executive Director of Fate Foundation, Mrs Nike Adeyemi, has urged the Federal Government to implement the teaching of entrepreneurship education in the nation’s primary schools to fast track economic growth. Adeyemi made the appeal on Monday in Lagos during a panel discussion at the launch of a Minipreneur Book. The book was written by Mrs…

Samklef Steps Up, Joins Akon’s KonLiVe Records

Nigerian-born music producer, Samuel Oguachuba, popularly known as Samklef, has signed with US-based Senegalese music star, Akon, for a multi-record deal with KonLive Records. Samklef, a multi-talented music artis, producer, DJ and video director hails from Imo State, but was born and bred in Lagos – Nigeria. “Samklef was signed to KonLive because he is…

Agusto & Co Upgrades Access Bank’s Rating To Aa-

In its recent rating review of Access Bank Plc, foremost rating agency in Nigeria, Agusto & Co, has raised the Bank’s rating from “A+” to “Aa-”, with a stable outlook. The upgrade reflects Access Bank’s strong financial profile, resilient profitability levels and solid capital position. Agusto & Co also recognised Access Bank as an institution…

Elumelu Praises Afreximbank, Urges Other DFIs to Back African Businesses

At the 24th Annual General Meeting of the African Export-Import Bank (Afrexim), held in Rwanda, Tony Elumelu, CON, Chairman of Heirs Holdings and the Tony Elumelu Foundation, congratulated Afrexim for the critical support that the Bank, led by President Oramah, provides for African businesses and its significant contribution to the development of cross-border trade and…