Author Archives: Supernews - Page 905
SEC Dissolves Ikeja Hotels Plc Board … Appoints interim Board
The Securities and Exchange Commission (SEC) has announced the dissolution of the board of Ikeja Hotels Plc due to unresolved internal crisis involving some majority shareholders of Ikeja Hotels Plc…
NAICOM approval Standard Alliance composite status
Standard Alliance Insurance Plc, has gotten an approval from the National Insurance Commission (NAICOM) to operate as a composite insurance company. This is coming three months after its merger with…
Anchor Borrowers Programme: N33.3 bn beneficiaries commence repayment …CBN
The Central Bank of Nigeria has disclosed that beneficiaries of its to 146,557 farmers across 21 states under its Anchor Borrowers’ Programme have commenced repayment. According to the apex bank,…
BoI grows by 44%
The Bank of Industry (BoI) has posted a 44 per cent surge in its Profit Before Tax for the financial year ended 31st December, 2016, as it grew to N17…
Custodian and Allied Insurance rewards shareholders with 25k
Custodian and Allied Insurance Plc. has proposed a dividend payout of 18 kobo per share for the financial year ended 31st December, 2016. The company had in September, 2016 settled…
Making the most of a unique model
By Dr. Akintola, Benson Oke, Honourable Commissioner, Lagos State Ministry of Establishments, Training And Pensions. It was the popular author and human resources executive, Albert Low, who said, "Instead of…
Forex: CBN bars 16 banks from SME window
The Central Bank of Nigeria on Tuesday wielded the big stick on 16 Deposit Money Banks as it stopped them from participating in the Small and Medium-scale Enterprises window of…
MyStocKIT: Heritage Bank launches MSME app for ease of doing business
In line with its commitment to ensure swift expansion of the micro small medium enterprises (MSME) market segment, Heritage Bank has introduced MyStocKIT, an android hand-held solution that enables clients…
Expert urges investors to invest in Ibeju Lekki
Noimot Olatunji, CEO Glenwood Property Development Company Investors have being advised to invest in Ibeju Lekki in order reap huge return on investment, (ROI). This advice was made by…
Challenges mar Dangote Sugar 2017 Q1 forecast
Dangote Sugar Refinery explained the reasons behind the firm's inability to achieve its forecast for 2017. The firm's Acting Managing Director, Sule Abdulahi gave the explanation during the companys Fact…