Corporate Updates Archives - Nairametrics https://nairametrics.com/category/companies/corporates/ Destination for Business news and analysis from Africa's largest economy Fri, 14 Jun 2024 13:58:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Corporate Updates Archives - Nairametrics https://nairametrics.com/category/companies/corporates/ 32 32 201037849 Exploring capital market innovation for infrastructure development https://nairametrics.com/2024/06/14/exploring-capital-market-innovation-for-infrastructure-development/ https://nairametrics.com/2024/06/14/exploring-capital-market-innovation-for-infrastructure-development/#respond Fri, 14 Jun 2024 12:37:12 +0000 https://nairametrics.com/?p=491267 This strategic meeting is in alignment with the vision of the new SEC's leadership in bringing on board innovation and development aimed at accelerating domestic credit from the capital markets to the private sector, which will create jobs, reduce poverty, and promote economic growth.

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]]> https://nairametrics.com/2024/06/14/exploring-capital-market-innovation-for-infrastructure-development/feed/ 0 491267 A failed attempt to trigger a run on banks https://nairametrics.com/2024/06/14/a-failed-attempt-to-trigger-a-run-on-banks/ https://nairametrics.com/2024/06/14/a-failed-attempt-to-trigger-a-run-on-banks/#respond Fri, 14 Jun 2024 11:38:02 +0000 https://nairametrics.com/?p=491258 Fidelity Bank's 2023 Profit Before Tax grew by 131.5%, driven by robust earnings and strategic growth initiatives, ensuring strong shareholder returns

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]]> https://nairametrics.com/2024/06/14/a-failed-attempt-to-trigger-a-run-on-banks/feed/ 0 491258 Wema Bank concludes 1st tranche of capital raise programme https://nairametrics.com/2024/06/14/wema-bank-concludes-1st-tranche-of-capital-raise-programme/ https://nairametrics.com/2024/06/14/wema-bank-concludes-1st-tranche-of-capital-raise-programme/#respond Fri, 14 Jun 2024 09:12:12 +0000 https://nairametrics.com/?p=491239 Wema Bank ALAT has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for the allotment of its N40bn Rights Issue which was initiated in December 2023.

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]]> https://nairametrics.com/2024/06/14/wema-bank-concludes-1st-tranche-of-capital-raise-programme/feed/ 0 491239 Revolutionizing financial markets: How OneLiquidity is reshaping liquidity provision https://nairametrics.com/2024/06/13/revolutionizing-financial-markets-how-oneliquidity-is-reshaping-liquidity-provision/ https://nairametrics.com/2024/06/13/revolutionizing-financial-markets-how-oneliquidity-is-reshaping-liquidity-provision/#respond Thu, 13 Jun 2024 17:37:57 +0000 https://nairametrics.com/?p=491204 OneLiquidity has made significant strides toward realizing this vision, leveraging cutting-edge technology, strategic partnerships, and a relentless commitment to customer-centricity.

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]]> https://nairametrics.com/2024/06/13/revolutionizing-financial-markets-how-oneliquidity-is-reshaping-liquidity-provision/feed/ 0 491204 LNG: Global markets puts Venture Global LNG and NLNG in perspective https://nairametrics.com/2024/06/12/lng-global-markets-puts-venture-global-lng-and-nlng-in-perspective/ https://nairametrics.com/2024/06/12/lng-global-markets-puts-venture-global-lng-and-nlng-in-perspective/#respond Wed, 12 Jun 2024 08:37:21 +0000 https://nairametrics.com/?p=491124 A US based firm, Venture Global LNG has condemned Shell for its poor performance track record at its LNG facilities as the dispute between European LNG buyers and Venture Global LNG escalates.

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]]> https://nairametrics.com/2024/06/12/lng-global-markets-puts-venture-global-lng-and-nlng-in-perspective/feed/ 0 491124 Fidelity Bank leads trading as equities gain N324 billion https://nairametrics.com/2024/06/11/fidelity-bank-leads-trading-as-equities-gain-n324-billion/ https://nairametrics.com/2024/06/11/fidelity-bank-leads-trading-as-equities-gain-n324-billion/#respond Tue, 11 Jun 2024 20:45:30 +0000 https://nairametrics.com/?p=491105 Fidelity Bank Plc was the most active stock on Monday, 10 June 2024 at the Nigerian stock market as a strong positive sentiment led Nigerian equities to a net capital gain of N324 billion in the first trading session of the week.

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]]> https://nairametrics.com/2024/06/11/fidelity-bank-leads-trading-as-equities-gain-n324-billion/feed/ 0 491105 GTCO notice of proposed offering https://nairametrics.com/2024/06/11/gtco-notice-of-proposed-offering/ https://nairametrics.com/2024/06/11/gtco-notice-of-proposed-offering/#respond Tue, 11 Jun 2024 20:42:19 +0000 https://nairametrics.com/?p=491101 Guaranty Trust Holding Company Plc (GTCOPLC) has filed a preliminary prospectus with the SEC for a proposed offering of ordinary shares worth 50 kobo each, aiming to raise up to N500 billion.

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]]> https://nairametrics.com/2024/06/11/gtco-notice-of-proposed-offering/feed/ 0 491101 Coronation Merchant Bank receives significant Fitch rating upgrade to ‘B-‘, outlook stable https://nairametrics.com/2024/06/11/coronation-merchant-bank-receives-significant-fitch-rating-upgrade-to-b-outlook-stable/ https://nairametrics.com/2024/06/11/coronation-merchant-bank-receives-significant-fitch-rating-upgrade-to-b-outlook-stable/#respond Tue, 11 Jun 2024 17:57:58 +0000 https://nairametrics.com/?p=491092 Coronation Merchant Bank is pleased to announce that Fitch Ratings has upgraded its Long-Term Issuer Default Rating (IDR) to 'B-' from 'CC' and its Viability Rating (VR) to 'b-' from 'cc'.

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]]> https://nairametrics.com/2024/06/11/coronation-merchant-bank-receives-significant-fitch-rating-upgrade-to-b-outlook-stable/feed/ 0 491092 Layer3 celebrates dual wins at the 2024 Africa’s Beacon of ICT Merit and Leadership Awards https://nairametrics.com/2024/06/11/layer3-celebrates-dual-wins-at-the-2024-africas-beacon-of-ict-merit-and-leadership-awards/ https://nairametrics.com/2024/06/11/layer3-celebrates-dual-wins-at-the-2024-africas-beacon-of-ict-merit-and-leadership-awards/#respond Tue, 11 Jun 2024 15:47:44 +0000 https://nairametrics.com/?p=491085 Layer3 proudly announces its triumph at the prestigious Africa’s Beacon of ICT Merit and Leadership Awards 2024.

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]]> https://nairametrics.com/2024/06/11/layer3-celebrates-dual-wins-at-the-2024-africas-beacon-of-ict-merit-and-leadership-awards/feed/ 0 491085 From Nigeria to Africa: The incredible journey of Aig-Imoukhuede and Herbert Wigwe in growing Access Bank https://nairametrics.com/2024/06/11/from-nigeria-to-africa-the-incredible-journey-of-aig-imoukhuede-and-herbert-wigwe-in-growing-access-bank/ https://nairametrics.com/2024/06/11/from-nigeria-to-africa-the-incredible-journey-of-aig-imoukhuede-and-herbert-wigwe-in-growing-access-bank/#respond Tue, 11 Jun 2024 11:15:51 +0000 https://nairametrics.com/?p=491051 Access Bank from a small, struggling institution into a leading financial powerhouse in Africa

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]]> https://nairametrics.com/2024/06/11/from-nigeria-to-africa-the-incredible-journey-of-aig-imoukhuede-and-herbert-wigwe-in-growing-access-bank/feed/ 0 491051 Tolaram to acquire Diageo’s shareholding in Guinness Nigeria PLC https://nairametrics.com/2024/06/11/tolaram-to-acquire-diageos-shareholding-in-guinness-nigeria-plc/ https://nairametrics.com/2024/06/11/tolaram-to-acquire-diageos-shareholding-in-guinness-nigeria-plc/#respond Tue, 11 Jun 2024 11:14:53 +0000 https://nairametrics.com/?p=491066 Tolaram will acquire Diageo’s 58.02% shareholding in Guinness Nigeria, and enter into long-term license and royalty agreements for the continued production of the Guinness brand and its locally manufactured Diageo ready-to-drink and mainstream spirits brands.

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]]> https://nairametrics.com/2024/06/11/tolaram-to-acquire-diageos-shareholding-in-guinness-nigeria-plc/feed/ 0 491066 Unity Bank projects N5.2B profit in Q3, 2024 https://nairametrics.com/2024/06/11/unity-bank-projects-n5-2b-profit-in-q3-2024/ https://nairametrics.com/2024/06/11/unity-bank-projects-n5-2b-profit-in-q3-2024/#respond Tue, 11 Jun 2024 09:27:00 +0000 https://nairametrics.com/?p=491049 Unity Bank Plc has projected a Profit After Tax of N5.2 billion in Q3, 2024, according to its latest earnings forecast released to the Nigerian Exchange Group.

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]]> https://nairametrics.com/2024/06/11/unity-bank-projects-n5-2b-profit-in-q3-2024/feed/ 0 491049 Beta Glass and Wecyclers announce pioneering partnership to launch cullet trucks, enhancing recycling and sustainability efforts https://nairametrics.com/2024/06/11/beta-glass-and-wecyclers-announce-pioneering-partnership-to-launch-cullet-trucks-enhancing-recycling-and-sustainability-efforts/ https://nairametrics.com/2024/06/11/beta-glass-and-wecyclers-announce-pioneering-partnership-to-launch-cullet-trucks-enhancing-recycling-and-sustainability-efforts/#respond Tue, 11 Jun 2024 06:20:09 +0000 https://nairametrics.com/?p=491027 Beta Glass PLC has partnered with Wecyclers, an innovative waste management company, to launch a fleet of cullet trucks.

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]]> https://nairametrics.com/2024/06/11/beta-glass-and-wecyclers-announce-pioneering-partnership-to-launch-cullet-trucks-enhancing-recycling-and-sustainability-efforts/feed/ 0 491027 Jaiz Bank finances 10,000 hectare rice farm in Bauchi https://nairametrics.com/2024/06/11/jaiz-bank-finances-10000-hectare-rice-farm-in-bauchi/ https://nairametrics.com/2024/06/11/jaiz-bank-finances-10000-hectare-rice-farm-in-bauchi/#respond Tue, 11 Jun 2024 06:17:19 +0000 https://nairametrics.com/?p=491026 Jaiz Bank Plc has provided funding for the establishment of a 10,000ha irrigation farm for one of its reliable business partners in Bauchi state, Tiamin Rice Limited.

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]]> https://nairametrics.com/2024/06/11/jaiz-bank-finances-10000-hectare-rice-farm-in-bauchi/feed/ 0 491026 FintechNGR holds 7th annual general meeting, showcases growth and impact https://nairametrics.com/2024/06/10/fintechngr-holds-7th-annual-general-meeting-showcases-growth-and-impact/ https://nairametrics.com/2024/06/10/fintechngr-holds-7th-annual-general-meeting-showcases-growth-and-impact/#respond Mon, 10 Jun 2024 11:49:22 +0000 https://nairametrics.com/?p=490980 FintechNGR the premier national fintech association in Africa, held its 7th Annual General Meeting (AGM) on June 4, 2024.

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]]> https://nairametrics.com/2024/06/10/fintechngr-holds-7th-annual-general-meeting-showcases-growth-and-impact/feed/ 0 490980 InfraCredit guaranteed Lagos Free Zone N17.5b Infrastructure Bond wins “Best Project Bond” at EMEA Finance Awards https://nairametrics.com/2024/06/10/infracredit-guaranteed-lagos-free-zone-n17-5b-infrastructure-bond-wins-best-project-bond-at-emea-finance-awards/ https://nairametrics.com/2024/06/10/infracredit-guaranteed-lagos-free-zone-n17-5b-infrastructure-bond-wins-best-project-bond-at-emea-finance-awards/#respond Mon, 10 Jun 2024 11:20:35 +0000 https://nairametrics.com/?p=490968 The InfraCredit's guaranteed infrastructure bond issuance has won the award category for “Best Project Bond" from the EMEA FINANCE LIMITED Achievement Awards.

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]]> https://nairametrics.com/2024/06/10/infracredit-guaranteed-lagos-free-zone-n17-5b-infrastructure-bond-wins-best-project-bond-at-emea-finance-awards/feed/ 0 490968 Jeroid Ltd partners with influencer Shank Comics to boost crypto awareness https://nairametrics.com/2024/06/10/jeroid-ltd-partners-with-influencer-shank-comics-to-boost-crypto-awareness/ https://nairametrics.com/2024/06/10/jeroid-ltd-partners-with-influencer-shank-comics-to-boost-crypto-awareness/#respond Mon, 10 Jun 2024 09:41:31 +0000 https://nairametrics.com/?p=490970 Jeroid Ltd a leading Nigerian crypto trading startup, has partnered with popular Nigerian actor, Youtuber and social media influencer Shank Comics.

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]]> https://nairametrics.com/2024/06/10/jeroid-ltd-partners-with-influencer-shank-comics-to-boost-crypto-awareness/feed/ 0 490970 Nigeria can boost oil production, meet local refining demands by unlocking idle brownfields – Dr. Victor Ekpenyong https://nairametrics.com/2024/06/08/nigeria-can-boost-oil-production-meet-local-refining-demands-by-unlocking-idle-brownfields-kenyon-international-ceo/ https://nairametrics.com/2024/06/08/nigeria-can-boost-oil-production-meet-local-refining-demands-by-unlocking-idle-brownfields-kenyon-international-ceo/#respond Sat, 08 Jun 2024 17:53:29 +0000 https://nairametrics.com/?p=490895 Dr. Victor Ekpenyong revealed that Nigeria has the potential to significantly increase its oil production and meet local refining demands by tapping into its idle brownfields. 

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]]> https://nairametrics.com/2024/06/08/nigeria-can-boost-oil-production-meet-local-refining-demands-by-unlocking-idle-brownfields-kenyon-international-ceo/feed/ 0 490895 NGO and Business Joint Partnership to provide clean water to community https://nairametrics.com/2024/06/08/ngo-and-business-joint-partnership-to-provide-clean-water-to-community/ https://nairametrics.com/2024/06/08/ngo-and-business-joint-partnership-to-provide-clean-water-to-community/#respond Sat, 08 Jun 2024 17:28:17 +0000 https://nairametrics.com/?p=490882 Charitable projects such as water poverty alleviation, by developing borehole-powered water systems for communities, have traditionally been the preserve of international governments. For decades, we have seen such projects in Nigeria.

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]]> https://nairametrics.com/2024/06/08/ngo-and-business-joint-partnership-to-provide-clean-water-to-community/feed/ 0 490882 Leadway Pensure announces Olusakin Labeodan as new Chief Executive Officer as Lanre Idris retires https://nairametrics.com/2024/06/08/leadway-pensure-announces-olusakin-labeodan-as-new-chief-executive-officer-as-lanre-idris-retires/ https://nairametrics.com/2024/06/08/leadway-pensure-announces-olusakin-labeodan-as-new-chief-executive-officer-as-lanre-idris-retires/#respond Sat, 08 Jun 2024 12:36:03 +0000 https://nairametrics.com/?p=490876 Leadway Pensure proudly announces the appointment of Olusakin Labeodan as its new Chief Executive Officer, effective June 1, 2024.

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]]> https://nairametrics.com/2024/06/08/leadway-pensure-announces-olusakin-labeodan-as-new-chief-executive-officer-as-lanre-idris-retires/feed/ 0 490876