Updates

President Buhari Signs N30,000 National Minimum Wage Into Law

18/4/2019/Proshare Ottoabasi Abasiekong for Proshare WebTV                 President Muhammadu Buhari today signed into law the national minimum wage bill which prescribed a national minimum wage of N30,000 for Nigerian workers, by this action the bill now becomes an Act of Parliament.  The bill which was earlier passed by the National Assembly, […]

Ecobank Transnational Incorporated Debut $450 Million Eurobond Oversubscribed

April 19, 2019/Ecobank Ecobank Transnational Incorporated, ETI (www.Ecobank.com), the Lomé-based parent company of the Ecobank Group, is pleased to announce that it has successfully raised $450 million in its debut Eurobond which was oversubscribed. The Global Offering is a 5-year unsecured note (144A/RegS) listed on the main market of the London Stock Exchange. The […]

Finally, AMCON Takes Over Micmerah International Agency Limited

18/4/2019/AMCON A Federal High Court sitting in Awka, the Anambra State capital in Suits No. FHC/AWK/CS/101/2018 and No. FHC/AWK/CS/102/2018 has ordered the Asset Management Corporation of Nigeria (AMCON) to take over the business and assets of Micmerah International Agency Limited. AMCON had appointed Chief Tagbo Anieto as Receiver/Manager over the […]