T & E Caterpillar Now Mantrac Nigeria Limited
November 30, 2007 by Bunmi Awolusi · Comments Off
Taking effect from December 1, 2007, the authourised caterpillar dealer in Nigeria, Tractor and Equipment (T & E) would be called Mantrac Nigeria Limited. The company is changing its name to connect with other technical partners outside the country.
Wema Bank to Raise 150bn Offer
November 30, 2007 by Bunmi Awolusi · Comments Off
In order to enhance its working capital as well as extend its banking services to the offshore, Wema Bank Plc has made known its plans to raise a sum of N150 billion capital soon. N85 billion is expected to be raised through an offer in the Nigerian capital market while foreign investors would invest N65 billion.
Unity Bank Rated 14th in Assets
November 30, 2007 by Bunmi Awolusi · Comments Off
A research and marketing company, Eli business Support Services Limited has rated Unity Bank to be in the 14th position in terms of Assets among other banks as at 2006.
Head of Corporate Affairs, Mr. Abba Dandago said the rating was done on assets, gross earnings, profit before tax, advances, shareholder’s funds and deposits using the data from the 2006 annual report or the abridged financial statement of the 24 banks surveyed.
Oceanic Bank bags 2007 Bank Award
November 30, 2007 by Bunmi Awolusi · Comments Off
On Wednesday, the Banker Magazine, a subsidiary of the Financial Times of London adjudged a leading financial institution in Nigeria, Oceanic Bank International Plc with an award of the 2007 Bank of the year.
Five top trades on NSE today
November 29, 2007 by ella · Comments Off
The floor of the Nigerian Stock Exchange was full of activities today as the insurance sector led trade in volume of shares.
International Energy Insurance Plc sold 226,662,491.00 volume of shares valued at 229,899509.17 in 682 deals.
Vitafoam Rewards Distributors in Nigeria
November 29, 2007 by Bunmi Awolusi · Comments Off
In a way to appreciate and further encourage its distributors in Nigeria, Vitafoam Nigeria Plc, a leading manufacturer of foam in the country has rewarded some of its distributors with different kind of gifts for their outstanding performances.
Access Bank Empowers UNIJOS with Bus
November 29, 2007 by Bunmi Awolusi · Comments Off
As part of its philanthropic gestures towards promoting all levels of the education sector, one of the growing financial institutions in Nigeria, Access Bank, has empowered the University of Jos, Plateau state, with a Toyota Haice bus.
Nigeria: 0ne-bedroom and 2-bedroom houses at RCCG Camp axis
November 29, 2007 by ella · Comments Off
Members of Redeemed Christian Church of God who desire to live closer to the camp ground now have an opportunity to do so, as Estol Enginering Company Limited is developing two house types at the Redemption Camp axis.
Shareholders urge W/African Glass to increase share capital
November 29, 2007 by ella · Comments Off
The directors of West African Glass Industries Plc has gotten the approval of its shareholders to increase the paid up share capital of the company to N1bn, which will be divided into 2billion ordinary shares of 50kobo each.
Mobil, RAN Trains 250 Teachers in 5 Days
November 29, 2007 by Bunmi Awolusi · Comments Off
In order to boost the standard of education and reading attitude among teachers in the country, Mobil Producing Nigeria, a subsidiary of Exxon Mobil recently partnered the Reading Association of Nigeria by training 250 teachers in Akwa Ibom.
