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Archives - September 2017

26
Sep

UNION BANK PLC (UBN) RIGHTS ISSUE – Offer last till 30th October, 2017

  Please be informed that Union Bank Plc’s (UBN) Rights Issue, opened on 20th September, 2017, and will close on Monday, 30th October 2017. The Rights Issue is being undertaken to enable UBN use : 80% of proceeds as working capital,12% of proceeds, to be invested in technology, innovation and digitization and 8% of proceeds, …

26
Sep

DAILY BUSINESS NEWS BRIEF – FG Open to Divestment of 40% Shares in Discos, Says Fashola

  FG to reintroduce tolls on federal highways 23 states exceeded borrowing limits– FRC ICRC Launches PPP Contracts Disclosure Portal CBN, banks bicker over slow disbursement of SMEs funds NCDMB targets $1bn intervention fund in three years FG Open to Divestment of 40% Shares in Discos, Says Fashola The Minister of Power, Works and Housing, …

19
Sep

DAILY BUSINESS NEWS BRIEF – Strike: Fuel depots shut, FG meets NUPENG today

  Kachikwu: $100 Oil Impossible in 2018 CBN to punish banks for forex infractions Oil prices move close to $56 TCN seeks end to load rejections with new appointments Union Bank to open N50bn rights issue on Wednesday Strike: Fuel depots shut, FG meets NUPENG today The nationwide strike called by the United Labour Congress …

18
Sep

DAILY BUSINESS NEWS BRIEF – N’Assembly will get 2018 budget next month – Enang

  Exchange rate, NPLs top agenda as MPC meets today ICRC: $100bn Required for Nigeria’s Infrastructure Development Nigeria improves power quality to WAPP standard FMDQ approves registration of Wema Bank’s N50bn CP Stocks Advance After U.S. Record; Havens Retreat: Markets Wrap N’Assembly will get 2018 budget next month – Enang The 2018 Appropriation Bill will …

11
Sep

DAILY BUSINESS NEWS BRIEF – FG, states borrow N7.51tn under Buhari

TCN gets $1b for expansion, others Arik files N20b suit against FG, Ethiopian Airlines over proposed takeover Stockbrokers canvass easier access to ASeM Board for SMEs Agip, Shell to fabricate 50% of FPSO topsides in Nigeria Oil edges up as Saudis discuss extending supply cut FG, states borrow N7.51tn under Buhari The Federal Government under …

fake richard mille
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