Afromedia Plc has notified The Exchange that sequel to its Board of Directors resolution made on Tuesday, February 13, 2014, the Directors have approved the resignation of Alh. Lai Mohammed, a Non-Executive Director from the Board of Directors of the Com
I have always held that part of the Nigerian problem is the existence of a Constitution in which we the Nigerian people do not have a consensus or trust, and hence we are always looking for ways around it.
Yesterday, un-known persons presumed to be elements of the Jama'atu ahlus sunnah lid da'awati wal jihad (JALISWAJ), perpetrated a mass atrocity in which they killed tens of learners at the Federal Government College, (FGC) Buni-Yadi and abducted an equall
Expectedly, there was shock at the news of the former CBN Governor, MallamSanusiLamidoSanusi's removal, and a negative market reaction (The bond market was closed, the All Share Index was down 1.47%, and the Naira traded as low as 169 to a dollar). Whilst
Lost in translation over the un-ending drama surrounding the decision of the Government of Nigeria (GON) to suspend Sanusi Lamido Sanusi, was the significance of having a femal Central Bank Governor (Ag.) in the person of Dr. Sarah Alade, the most senio
In an audacious and unprecedented move, the Queen's Bench Division of the High Court has decided to disapply the State Immunity Act 1978 (SIA) and registered a judgment obtained in Nigeria against a sovereign state (Nigeria) because the SIA is incompatibl
Abbey Building Society Plc has notified The Nigerian Stock Exchange that at its Board of Directors meeting held on November 22, 2013 it appointed Mr Emile Hubert Groot as an Independent Director to take effect from February 1, 2014. This appointment is ho
Continental Re-Insurance Plc has notified The Nigerian Stock Exchange that Mr Rasak Olugbenga Falekulo, the Executive Director Life Operations, has retired from the services of the Company with effect from January 29, 2014.
Very credible sources within government have re-confirmed to proshare that the coordinating Minister of the Economy and the Federal Minister of Finance (CMO/MoF), Dr. (Mrs .) Ngozi Okonjo-Iweala may have tendered her letter of resignation to the GON this
President Goodluck Jonathan has nominated Managing Director of Zenith Bank of Nigeria, Mr. Godwin Emefiele, as the next Governor of Central Bank of Nigeria, subject to ratification by the Senate. Mr. Adebayo Adelabu, Chief Financial Officer of First Bank
As exclusively reported by Proshare yesterday, President Goodluck Jonathan has this morning submitted the name of Mr. Godwin Emefiele, Group Managing Director/CEO of Zenith Bank Plc as the new Governor of Central Bank of Nigeria.
Having taken special notice of reports of the Financial Reporting Council of Nigeria and other investigating bodies, which indicate clearly that Mallam Sanusi Lamido Sanusi's tenure has been characterized by various acts of financial recklessness and mis
ProshareNI is breaking its rule on validated information to report the news that Mr. Godwin EMEFIELE, Group Managing Director/CEO of Zenith Bank Plc may be announced as the Presidents choice as the next central bank of Nigerias (CBN) Governor.
Honeywell Flour Mills Plc has notified The Nigerian Stock Exchange that Mr Folaranmi Babatunde Odunayo, its Chief Executive Officer (CEO), will be formally retiring from the Company effective March 31, 2014 having served for 17 years in that capacity and
Access Bank has announced the appointment of Mr. Paul Usoro, SAN, as a Non-Executive Director. Mr.Usoro is a Senior Advocate of Nigeria, Fellow of the Chartered Institute of Arbitrator and the Founder and Senior Partner of the law firm of Paul Usoro and C
The CBN, by statute, practice, and global standards, is responsible for:maintaining macroeconomic and monetary stability (price, interest rate and exchange rate stability); promoting financial stability, efficient financial instruments and financial marke
Over the last few months, much analysis has been done while several op-eds have also been written in both the traditional and new media on the CBN governorship race, as the incumbent Governor of the apex bank, Sanusi Lamido Sanusi's five year tenure draws
UBA Capital Plc has notified The Nigerian Stock Exchange (NSE) that sequel to its Board of Directors meeting held on Friday, January 10, 2014, it has approved the appointments of the following Directors effective January 13, 2014
Coming straight out of the blue, the Federal Government yesterday announced it was in discussions with the Brettonwoods institution, the World Bank, to trash out what it terms "a comprehensive social protection scheme" for the country.
FCMB Group Plc has notified The Nigerian Stock Exchange of the retirement of its Company Secretary, Mrs. Olajumoke Bakare from the services of the company effective January 1, 2014. Pursuant to her retirement, the Board of the Company has appointed Mrs. O
Afromedia Plc has notified The Nigerian Stock Exchange of the appointment of Engr. Patrick Osita Nwabunie as the Acting Chairman of the Company. The appointment of Mr. Nwabunie is an interim measure pending the appointment of a substantive Chairman and ne
GlaxoSmithKline Consumer Nigeria Plc (��the Company��) notified The Nigerian Stock Exchange that at its Board of Directors� meeting held on Friday, 10th January 2014 the resignations of Mr Chidi Okoro as Managing Directo
Chemical & Allied Products Plc has informed The Nigerian Stock Exchange of the appointment of Mrs. Rose Joshua Hamis as its new Company Secretary and the resignation of Mr. Godwin A. Samuel with effect from January 1, 2014.