Please be informed that Union Bank of NigeriaPlc (UBN) is issuing 12.1 billion ordinary shares of 50 kobo each to existing shareholders at N4.10 per share to raise N50 billion in new equity funds as the first generation bank looks beyond its centenary.
FBN Merchant Bank Limited and Lotus Financial Services Limited have been appointed as Joint Financial Advisers to the Debt Management Office (DMO) of the Federal Government of Nigeria on the inaugural FGN N100 billion Sukuk offer.
The Sultan of Sokoto, Sultan Muhammadu Sa'ad Abubakar III, commended the Tony Elumelu Foundation and its Founder, Tony O. Elumelu for their contribution to entrepreneurship and creation of jobs for young people in the North.
Nigerian Stock Market retracted after five months of positive stance as the key benchmark indicator, NSEASI, closed the month of August 2017 in the red zone with -0.96% loss as against +8.24% uptrend recorded in the month of July 2017
Microsoft, through its 4Afrika Initiative, has collaborated with the Tony Elumelu Foundation (TEF) to provide entrepreneurs in the TEF Entrepreneurship Programme with technology-based tools, resources and mentorship. Through this support – which will benefit TEF entrepreneurs across the continent – the two organisations will help entrepreneurs effectively use ICT to modernise their businesses, enrich their offerings and reach new customers.