In enhancing performance that would add significant value to stakeholders, FCMB Group Plc, has laid emphasis on strong capital, cost efficiencies, capital optimisation and accelerated growth in retail business. The Group made this known at its third annual general meeting held over the weekend in Lagos, saying, its subsidiaries were...

PZ Cussons Plc has assured shareholders that the company was well positioned to leverage emerging opportunities in the industry to boost profitability and increase shareholders value. The Chief Executive Officer of the company, Christos Giannopoulos, made this known on the floor of the Nigerian Stock Exchange (NSE), in Lagos, explained...

All arrangements have been concluded for the grand opening of motorcycle assembly plant and modern showroom of CFAO Yamaha Motor Nigeria Limited come 13th of May, 2016 at the Amuwo Odofin Industrial Scheme in Lagos. According to the company, the grand opening is coming after the successful testing and full...

Determined to eradicate the scourge of unemployment currently ravaging the country, Fidelity Bank Plc, one of the nation’s highly diversified lender, in strategic partnership with Gazelle Academy and University of Nigeria Nsukka (UNN), has empowered 300 Nigerian youths with top-of-the-line entrepreneurial skills. The programme, which is part of the Bank’s...

Insurance companies in the country were able to pay about N11 billion to settle all outstanding claims in their books, owed consumers for over three years. The National Insurance Commission (NAICOM) had, in 2015, mandated insurers to settle all outstanding claims from their books or risk sanctions. The commissioner had,...

The All Share Index (NSE ASI) and the Market Capitalization of The Nigerian Stock Exchange (NSE) increased by 0.60 per cent, at the end of business transactions today, while the Year-to-Date return stood at -12.87 per cent. The All Share Index closed at 24,957.08 against the previous close of 24,809.29...

Despite the harsh economic environment that impacted business operations in 2015, Diamond Bank Plc maintained turgid resilience against the tide focusing on the implementation of strategic set goals with strong growth in customer base and equity. Analysts and industry watchers had, due to unfavourable macro environment and challenging regulation of...

Nigeria’s largest stockbroking firm and member of Stanbic IBTC Holdings PLC, Stanbic IBTC Stockbrokers Limited, has launched an online stockbroking service on The Nigerian Stock Exchange (NSE) with real-time processing capacity. The Stanbic IBTC E-Trade provides investors with real-time market information as well as enabling them give real-time mandates to...

Lafarge Africa Plc has announced the appointment of Michel Puchercos as new Group Managing Director/Chief Executive Officer. A French national, has worked in South Korea, Kenya and Uganda, Tanzania, and France, and speaks various languages including French, English, Korean, Spanish and Swahili. Michel started his career in 1982 at the...

The management of Fidelity Bank Plc said $115 million or N23.3 billion transactions conducted for former Minister Of Petroleum Resources, (Mrs) Diezani Alison-Madueke were duly reported as required by the regulators. The Bank in a statement also said it was cooperating fully with the Economic and Financial Crimes Commission (EFCC)...