Browsing Category
Companies
Lexon Capital announces annual scholarship fund for women at Wavecrest College of…
In a bid to support and improve the education of young women in Nigeria, Lexon Capital has announced the Lexon Capital Education Fund. For Lexon Capital, gender parity is at the forefront…
Royal Electronics unveils latest AC Technology in Nigeria
Royal Electronics Group, a leading international electronics and home appliances company has brought the new Royal el-picasso floor standing inverter air-conditioner into Nigeria. Built…
Stranded projects seen inhibiting infrastructural development in Nigeria
Nigeria needs to increase its spending on infrastructures to stimulate economic growth as experts say stranded projects and low infrastructural investment is stunting the growth of Africa’s…
First Bank CEO becomes member of Bretton Woods Committee
First Bank of Nigeria Limited has announced that its CEO, Adesola Adeduntan, has been honoured with membership of Bretton Woods Committee (BWC). FirstBank has also joined Bretton Woods…
NNPC posts N1.7bn loss in 2019 audited financial reports
The Nigerian National Petroleum Corporation (NNPC) Thursday, announced the release of its 2019 audited Financial Statement, posting a loss of N1.7 billion. This represents a 99.7 percent…
In boost for pensioners, Chams Plc launches remote verification solution
Chams Plc, in a quest to solve the existing challenges with the tedious verification process for pensioners has developed a digital verification solution, called I’m Alive, to verify…
Fidelity bank PBT hits N6.7bn in Q1 2019 on gains from other income
Nigeria’s tier 2 lenders, Fidelity bank has kicked off the 2019 financial year on a strong footing as its first quarter (Q1) scorecard showed that Profit Before Tax (PBT)—a metrics that…
NECA Network of Entrepreneurial Women to lift members with excellent business skills
The NECA Network of Entrepreneurial Women (NNEW) has perfected arrangement to hold the seventh edition of its annual summit and conference, themed ‘Moving to Mastery,’ scheduled for…
Top African brands could lose $60 billion over COVID-19
Africa’s 150 most valuable brands could lose up to 12 percent of brand value cumulatively, a drop of $60 billion compared to the original valuation as of January 1, 2020, the latest Brand…
BUA, FAVA sign agreement for supply of 720tons pasta processing plant
BUA Group, a food and manufacturing conglomerate, has signed an agreement with FAVA of Italy for the supply and installation of a pasta processing plant with a total capacity of 720tons per…