@gimbakakanda @abkr_sadeeqk Elon musk is just trying to be smart,there’s no way you can’t liquidate 10% of your asset if you need it that bad.
Otedola exited geregu with over 750m$ and invested it elsewhere,mind you,that’s almost half his networth.
Carlos slim has over 70b liquid
United Bank for Africa Plc has appointed Emmanuel Nnorom as its new Chairman. Nnorom succeeds Tony Elumelu, who is retiring on August 21 following the completion of his maximum twelve-year tenure under Central Bank of Nigeria regulations.
United Bank for Africa Plc has announced that its Group Chairman, Tony Elumelu, will retire from the board of directors on August 21, 2026. This transition complies with the Central Bank of Nigeria's regulatory limit of a twelve-year maximum tenure for non-executive directors.
@Judaeda3 Oando PLC is listed on the Johannesburg Stock Exchange (JSE) under the ticker OAO, in addition to its primary listing on the Nigerian Exchange.
* It is registered as an external company in South Africa, mainly to support its JSE listing and investor relations.
* Oando does
The NGX insurance sector trades at low valuations because investors are still waiting for stronger returns, sustainable dividends and proof that recent reforms will translate into shareholder value.
The day confidence returns, pricing may change. Finger cross 🤞 https://t.co/qY73QMzJHq
SocialMarketBankingINDUSTRIAL GOODSOIL AND GASX Brokers Analysts
The Nigerian equities market ended the week on a bearish note, with the NGX All-Share Index declining by 1.21% as sell-offs across the Industrial Goods, Oil & Gas, and Banking sectors weighed on market performance. https://t.co/iCZGMOlwl5
The Nigerian Senate has approved an 11 trillion Naira revenue target for the Nigeria Customs Service for the 2026 fiscal year. The upper legislative chamber expressed confidence in the agency's capacity to meet the projection despite prevailing external economic challenges.
SocialMarketConsumer GoodsFINANCIAL SERVICESOIL AND GASSERVICESX Market Infrastructure
📈 NGX Market Update| 7TH JULY 2026
FIRSTHOLDCO and INTBREW led the gainers with a 10.00% rise, while ARADEL, NGXGROUP and VERITASKAP also closed strongly higher. On the flip side, NAHCO and VITAFOAM topped the losers' chart with a 10.00% decline each.#NGX #StockMarket https://t.co/F2qLg5r3R1
United Bank for Africa has announced the retirement of Tony Elumelu and the appointment of Emmanuel Nnorom as its new chairman. The transition complies with the Central Bank of Nigeria's corporate governance guidelines, which mandate a maximum twelve-year tenure for non-executive directors.
United Bank for Africa Plc has announced that its Chairman, Tony Elumelu, will retire on August 21, 2026, following the completion of the Central Bank of Nigeria's mandatory twelve-year tenure limit for non-executive directors, with Nnorom named as his successor.
The Nigeria Customs Service generated ₦7.277 trillion in revenue for the 2025 fiscal year, exceeding its budget target by 10.24 percent. The agency has presented a proposed ₦11.274 trillion revenue target and expenditure estimate for 2026 to the House of Representatives.
Airtel Africa has reduced its annual diesel consumption by 9.1 million litres, marking a significant operational shift. This reduction highlights a growing effort among telecommunications operators in the region to adopt green energy alternatives and optimize their operational costs.