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MTN to boost stock market liquidity by N375bn

MTN to boost stock market liquidity by N375bn
The Punch
Published 6 July 2021
The move by the MTN Group to offer 14 per cent of its 78.8 per cent sshares in MTN Nigeria to Nigerians will boost its stock market liquidity by N375bn, analysis of data has shown.
The company recently said through its Group President and Chief Executive Officer, Ralph Mupita, that the group planned to sell14 per cent of MTN Nigeria to Nigerian investors.
Mupita had said, “MTN Nigeria, in which MTN Group has a 78.8 per cent stake, sought to have the largest retail shareholder base on the Nigerian Stock Exchange, where it has a market capitalisation of N3.4tn ($8.2bn).” ....

Ikechukwu Nnamani , Funso Aina , Boniface Okezie , Gbenga Adebayo , Ralph Mupita , Karl Toriola , Olusola Teniola , Rotimi Fakayejo , Progressive Shareholders Association Of Nigeria , Nigerian Stock Exchange , Association Of Telecommunications Companies Nigeria , National Coordinator , Association Of Licensed Telecom Operators Nigeria , Group President , Chief Executive Officer , External Relations , Telecommunications Companies , Licensed Telecom Operators , Progressive Shareholders Association , போனிபேஸ் ஒக்கேஜிஎ , ப்ரோக்ரெஸிவ் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , நைஜீரியன் ஸ்டாக் பரிமாற்றம் , சங்கம் ஆஃப் தொலைத்தொடர்பு நிறுவனங்கள் நைஜீரியா , தேசிய ஒருங்கிணைப்பாளர் , சங்கம் ஆஃப் உரிமம் பெற்றது தொலை தொடர்பு ஆபரேட்டர்கள் நைஜீரியா , குழு ப்ரெஸிடெஂட் ,

Mixed reactions trail FG excise tax on airtime plan

Mixed reactions trail FG excise tax on airtime plan
guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.

Ben Akabueze , Boniface Okezie , Progressive Shareholders Association Of Nigeria , News Agency Of Nigeria , Budget Office , Institute Of Taxation Nigeria , World Bank , Federal Government , News Agency , Chartered Institute , Gross Domestic Product , President Progressive Shareholders Association , போனிபேஸ் ஒக்கேஜிஎ , ப்ரோக்ரெஸிவ் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , பட்ஜெட் அலுவலகம் , நிறுவனம் ஆஃப் வரிவிதிப்பு நைஜீரியா , உலகம் வங்கி , கூட்டாட்சியின் அரசு , பட்டய நிறுவனம் , மொத்த உள்நாட்டு ப்ராடக்ட் ,

Shareholders Approve Linkage Assurance Dividend

Shareholders Approve Linkage Assurance Dividend
thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.

Nona Awoh , Joshua Fumudoh , Mathew Akindele , Boniface Okezie , Daniel Braie , Shareholders Of Linkage Assurance Plc , Progressive Shareholders Association Of Nigeria , Shareholders Association Of Nigeria , National Leader , Noble Shareholders Association , Linkage Assurance Plc , Annual General Meeting , National Leader Emeritus , Independent Shareholders Association , Sunny Nwosu , Progressive Shareholders Association , Chief Joshua Fumudoh , Linkage Assurance , Managing Director , போனிபேஸ் ஒக்கேஜிஎ , ப்ரோக்ரெஸிவ் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , தேசிய தலைவர் , உன்னத பங்குதாரர்கள் சங்கம் , இணைப்பு உறுதி ப்ல் , ஆண்டு ஜநரல் சந்தித்தல் ,

Shareholders task CBN on insider-related credit policies

Shareholders task CBN on insider-related credit policies
On
CBN
Shareholders of First Bank of Nigeria Ltd. have tasked the Central Bank of Nigeria (CBN) on policies that would guard against insider-related borrowings by bank directors in the industry.
They disclosed this in an interview with Newsmenon Friday in Lagos, while reacting to the apex bank’s action on FirstBank.
Dr Farouk Umar, President, Association for the Advancement of the Rights of Nigeria Shareholders said that 90 per cent cause of bank failure was due to non-performing loans related to insider credit.
Umar said the apex bank should come up with policies that would prevent directors from borrowing from the banks they acted as directors in order to protect shareholders and depositors. ....

Bisi Bakare , Adesola Adeduntan , Farouk Umar , Boniface Okezie , Shareholders Of First Bank , Nigeria Ltd , Progressive Shareholders Association Of Nigeria , Pragmatic Shareholders Association Of Nigeria , Central Bank , National Coordinator , Kindly Share This Story , First Bank , Newsmenon Friday , Nigeria Shareholders , Mrs Bisi Bakare , Pragmatic Shareholders Association , Chief Executive Officer , Progressive Shareholders Association , Share This Story , பிசி பாக்றே , ஃபேரூக் உமர் , போனிபேஸ் ஒக்கேஜிஎ , நைஜீரியா லிமிடெட் , ப்ரோக்ரெஸிவ் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , ப்ர்யாக்‌ம்யாடிக் பங்குதாரர்கள் சங்கம் ஆஃப் நைஜீரியா , மைய வங்கி ,

FCMB Shareholders Approve N2.97bn Dividend

Shareholders of FCMB Group Plc have restated their confidence in the financial institution to sustain its impressive performance and deliver more value.
The shareholders gave the commendation at the eight Annual General Meeting (AGM) of the Group held Wednesday, in Lagos.
They also unanimously approved the payment of a dividend of N2.97 billion, translating to 15 kobo per ordinary share for the year ended December 31, 2020, as against 14 kobo per share the previous year.
The AGM was held virtually due the prevailing COVID-19 pandemic and streamed live to shareholders of the financial institution.
The FCMB Group is a holding company divided along three business groups: commercial and retail banking (First City Monument Bank Limited, Credit Direct Limited, FCMB (UK) Limited and FCMB Microfinance Bank Limited); Corporate & Investment Banking (The Corporate Banking Division of the Bank, FCMB Capital Markets Limited and CSL Stockbrokers Limited) and Investment Managemen ....

United Kingdom , Olufemi Badeji , Olapeju Sofowora , Bisi Bakare , Ladi Balogun , Oladipupo Jadesimi , Boniface Okezie , Funmi Adedibu , Corporate Banking Division Of The Bank , Progressive Shareholders Association Of Nigeria , Capital Markets , Microfinance Bank , Central Bank , Pragmatic Shareholders Association Of Nigeria Mrs , Corporate Banking Investment Of The Group , Exchange Commission , Shareholders Association Of Nigeria , Group Plc , Credit Direct , Asset Management , First City Monument Bank , Annual General Meeting , First City Monument Bank Limited , Direct Limited , Bank Limited , Investment Banking ,