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    Financials

    Transcorp Appoints Oliver Andrews as an Independent Non-Executive Director

    The Board of Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest listed conglomerate, has today announced the appointment of Oliver Andrews to the Board,...

    Investors delighted as United Capital lists N20b CPs, Upgrades to medium-priced stock

    United Capital Plc has listed three series commercial papers worth about N19.72 billion on the FMDQ Securities Exchange, paving the way for investors in...

    Neimeth posts N2bn turnover, plans N5bn investment

    Neimeth International Pharmaceuticals Plc has reported a turnover of N1.99bn and gross profit of N927m for the nine-month period ended June 30, 2021. Neimeth’s interim...

    Nigeria’s UAC to buy minority stake as S.Africa’s Tiger Brands exits

    Chijioke Ohuocha ABUJA Aug 29 - Nigerian conglomerate UAC Plc has signed an agreement to acquire the minority shares of its unlisted subsidiary...

    Nigeria Orders MultiChoice to Make $2.2 Billion Tax Payment

    MultiChoice Group Ltd. was ordered by a Nigerian tribunal to pay 50% of a disputed 1.8 trillion naira ($4.4 billion) tax bill, the latest...

    LivingTrust Mortgage Bank to offer 750 million shares

    LivingTrust Mortgage Bank Plc has announced that it will offer 750 million ordinary shares to the public to address its free float deficiency in...

    MTN Group plans 14% equity sale to Nigerian retail investors

    Nigeria’s leading telecommunications firm, MTN Nigeria Communications at the weekend said it would invest more than N600billion in network infrastructure expansion over the next...

    TY Holdings BuyUp Stake in BOC Gases

    The management of BOC Gases Nigeria Plc has announced the increase of the stake of TY Holdings Limited in the company to 72 per...

    Unilever Forced to Buy Dollars at 9% Above Market in Nigeria

    Bloomberg) -- Unilever Nigeria Plc is being compelled to buy dollars above the market rate because rationing of foreign-exchange by the West African nation’s...

    Pan-African Mortgage Lender Returns to Market for $1.25 Billion

    Shelter Afrique plans to return to the market to raise $1.25 billion in local-currency bonds by the end of the year as the pan-African...

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