Indian Continent Investment, a firm linked to Airtel Africa board member, Shravin Bharti Mittal, has increased its stake in the telco to over 15 per cent. In a corporate notice filed with the Nigerian Exchange Limited on Thursday on director’s dealing, it was revealed that Indian Continent Investment, bought 94,593,705 units of shares at £0.9604,…
Two directors of Zenith Bank Plc and the Zenith Staff Provident Fund acquired over N841m worth of the lender’s shares in December. According to corporate notices on insider trading filed with the Nigerian Exchange Limited, the staff fund bought about 16 million units of bank shares in multiple transactions between Monday and Wednesday. The average…
The First City Monument Bank (FCMB) said no fewer than 4,000 customers of the bank have benefited from the FCMB Millionaire Promo Season since its inauguration in 2013 across the country.The Zonal Head of the FCMB in charge of Ondo, Ekiti, Ogun and Ekiti states, Mr Matthew Ofolue, stated this in Ondo, Ondo State during…
United Bank for Africa (UBA) Plc has announced its upcoming Super Savers Draw, which promises to bring even more excitement and opportunities to its valued customers.In line with its commitment to rewarding loyalty and promoting a culture of savings, UBA will be giving the opportunity for more of its customers to become millionaires through its…
Jet Aviation Consults, a training and capacity-building company, has trained senior staffers of the Ministry of Defence working at the Nigerian Army Establishment in Financial Management. The Managing Director of Jet Aviation Consults, Air Vice Marshal Gbolahan Idowu (rtd), said the training, which was a ‘customised training solution’, was to empower senior Ministry of Defence…
Mikano Motors has sealed a strategic partnership with Changan Automobile to bring its vehicles to the Nigerian market. This was disclosed by the Chairman of Mikano International, Mofid Karameh, during a gala night in Lagos to mark the formalisation of the alliance. The firms noted that the partnership aimed to provide Nigerian customers with a…
The Chartered Institute of Bankers of Nigeria and First City Monument Bank have recognised and rewarded two Nigerians, Ms. Ngozi Kekwaaru and Auwalu Alkasim, for their integrity in returning huge sums of money. Both Kekwaaru and Alkasim were presented with the award and the cash gift at the last Bankers Dinner of the CIBN held…
Some business owners have hailed Polaris Bank for its support of their businesses through the just concluded Fashion Souk. In a statement issued on Tuesday, the financial institution said that its commitment to supporting MSMEs motivated the recently concluded two-day Fashion Souk, which was held in Lagos. The Fashion Souk provided a platform for the…
MTN Nigeria has taken note of media reports saying that IHS Towers has offered the company improved terms for the lease of 2,500 sites that match the terms of ATC, which recently won the contract following a highly competitive bidding process.The telco said these reports are not true and MTN has not received any revised…
