Shareholders of Flour Mills of Nigeria Plc have given a unanimous approval to the company’s bid to acquire 90 per cent equity shareholding in ROM Oil Mills Limited. The approval was given at the company’s 52nd Annual General Meeting in Lagos on Wednesday. Also at the meeting, the company’s Board […]
Author: InvestAdvocate
External reserves reach 29-month high at $41.167bn
Nigeria’s external reserves hit a 29-month high on September 10 and closed at $41.167bn after recording $39.85bn on September 7. Data obtained from the Central Bank of Nigeria’s website on Wednesday showed that the foreign exchange reserves, which had been on the rise for over a month, increased by 12.74 […]
Zenith Bank, Visafone unveil mobile money product
As part of efforts to play a leading role in the evolving cash-less society, Zenith Bank and Visafone Communications have launched EaZyMoney, a mobile money product that allows customers to save, send and spend money via their phones. EaZyMoney is a platform that enables the use of the mobile phone […]
