October 7, 2016/NSE On 21 September 2016, 2,870,614,035 (Two Billion, Eight Hundred and Seventy Million, Six Hundred and Fourteen Thousand and Thirty-Five) units representing 75% equity shareholding of Great Nigeria Insurance Plc were crossed through the negotiated cross deal window of the Nigerian Stock Exchange to Insurance Resourcery Consultancy Services […]
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TNT Management Names REDSTAREX Nigerian Associate WEF Oct’6 2016
October 6, 2016/NSE Further to the acquisition of TNT by FedEx, we write to inform the general public that TNT Management (Bahrain) E.C has appointed Red Star Express Plc as its Associate in Nigeria effective October 6, 2016. By this appointment, Red Star Express Plc is authorized to handle all […]
Diageo scraps plan to raise Guinness Nigeria stake in tough market
October 5, 2016/Reuters By Chijioke Ohuocha and Martinne Geller Oct 5 Diageo has scrapped plans to lift its stake in Guinness Nigeria due to tough conditions in one of its biggest markets for the world-famous stout, the drinks company said on Wednesday. The decision by Diageo, which makes Johnnie Walker […]
