Nigeria: Uche Ohimai-Ehimiaghe Joins ABC Board
August 30, 2008 by Bunmi Awolusi · Comments Off
A new Director, Mrs Uche Ohimai-Ehimiaghe has been elected as a member of the Board of Directors of Associated Bus Company Plc, operators of ABC Transport at the just concluded 15th Annual General Meeting of the company which took place on August 21, 2008.
Mrs Uche Ohimai-Ehimiaghe represents Leoandoe Investments which has a substantial interest in the company.
ABC Transport Shareholders Gets N120m Dividend
August 29, 2008 by Bunmi Awolusi · Comments Off
Shareholders of Associated Bus Company Plc operators of ABC Transport on Thursday, August 21st unanimously approved the proposal by the board of directors to disburse a dividend of N120 million to shareholders for the last financial year, at the 15th Annual General Meeting held in Redemption Hall, Concorde Hotel, Owerri.
Rising from the meeting, the shareholders pledged their continued loyalty and support for the Company’s long term objectives whilst reiterating their confidence in the ability of the company’s management towards driving the 15 year old institution to its goal of being the best quality transport company in the Nigerian Transport sector.
Staco Insurance Sponsors “Walk for Education”
August 28, 2008 by Bunmi Awolusi · Comments Off
In order to prove its commitments towards social responsibility in Nigeria, Staco Insurance Plc, recently sponsored the “Walk for Education” organised by the Catholic Church of Assumption in Falomo, Ikoyi, Lagos.
Mrs. Adaobi Nwachuche-Nwaeme, Associate Director, Staco, who represented Mr. Sakiru Oyefeso, Managing Director and CEO of the company, said the walk which she and over 60 other staffs of the company from different branches participated in was a commitment towards the educational sector of the country.
Gov. Fashola Lauds Zain smooth Brand Launch
August 28, 2008 by tim · Comments Off
The Governor of Lagos State, Mr. Babatunde Fashola, SAN, has hailed the smooth transition from Celtel to Zain saying that the exercise was well-managed and world class in execution. Read more
Zain, MTV, Align to Develop Emerging Nigerian Artistes into Super Stars
August 28, 2008 by tim · Comments Off
Leading Mobile Operator in Nigeria, Zain, and American Music Cable television network, MTV, have revealed plans to turn upcoming Nigerian music artistes into super stars, through a newly created platform, Zain/MTV Advance Warning. Read more
Ecobank Offers $2.5bn Shares Across Nigeria, Ghana and Abidjan
August 27, 2008 by Bunmi Awolusi · Comments Off
The $2.5 billion hybrid offer of Ecobank Transnational Incorporation (ETI) which opened on Monday, has been described as the first largest and simultaneous cross border public offering in Africa as it is listed on the Nigerian Stock Exchange, Abidjan’s Bourse Regional Des Valeurs Mobilieres and the Ghana Stock Exchange.
The public offering is at the rate of $.0.29 per share for the 5,116,499,328 shares for the public and a discount of 12.5% while the right issue goes for $0.27 per share for 3,763,759,981 shares at a discount of 20% and a ratio of 5 new shares for every 9 held by investors as at August 18, 2008.
Zain Supports Nigeria Lawyers, Sponsors Bar’s Annual Conference
August 27, 2008 by tim · Comments Off
Leading mobile operator, Zain, has thrown its weight behind the Nigerian lawyers, as they gather in the nation’s capital, Abuja to explore ways of enhancing federalism, strengthening the national constitution and harnessing the inherent diversity in the country. Read more
Zain launches commercial service in Saudi Arabia
August 27, 2008 by tim · Comments Off
Leading global mobile operator, Zain has announced the commencement of commercial service in the Kingdom of Saudi Arabia and the expansion of its innovative world’s first borderless network or One Network. Read more
Wase Microfinance Bank Gives N4m Loans to Women
August 26, 2008 by Bunmi Awolusi · Comments Off
In other to improve the petty businesses of the women of Wase in Plateau state, Wase Microfinance Bank has disbursed a loan of N4 million to over 65 women groups in the state.
Alhaji Ali Sa’eed, chairman of the bank said the beneficiaries of the loan where mobilised through the local government council, village districts and ward heads in order to enable them expand their businesses.
Nigeria: Visafone Emerges Best Telecom Brand of the Year 2008
August 26, 2008 by Bunmi Awolusi · Comments Off
Visafone, the wholly Nigerian owned mobile phone company has been voted the Best Telecom Brand in Nigeria at the 2008 edition of the Nigeria Telecom Awards. The company emerged triumphant out of a crowded field of older telecom companies in a poll conducted by the respected Phillips Consulting. Read more
