Companies

Companies

UPDATE: Arunma Oteh, former SEC D-G, joins Ecobank as non-executive director

Okafor Endurance Apr 25, 2019

Arunma Oteh, a former Director-General of the Securities and Exchange Commission (SEC) has been appointed an independent non-executive director of...

Companies

Global grounding of Boeing 737 Max lowers company's profit Q1

Ifeoma Okeke-Korieocha Apr 25, 2019

Boeing’s revenue and profit fell in the first quarter from the global grounding of its 737 Max jets following two...

Companies

Sterling Bank shows decent growth in Q1 earnings

Segun Adams Apr 25, 2019

Sterling Bank, one of the commercial banks in Nigeria, has reported a modest improvement in its earnings for the first...

Companies

Chemical and Allied Products earnings up 8 percent in Q1 2019

Segun Adams Apr 25, 2019

Chemical and Allied Products (CAP), a subsidiary of United Africa Company of Nigeria, started 2019 on a positive note, posting...

Companies

Eunisell bags ISO 9001:2015 certification

Frank Eleanya Apr 24, 2019

Eunisell, a chemical and specialty fluid management multinational has bagged the prestigious ISO 9001:2015 certification. ISO 9001:2015 is the international...

Companies

Chemical and Allied Product sees colourful 2018 on improved earnings

Segun Adams Apr 24, 2019

Chemical and Allied Products (CAP) Plc, an indigenous paint manufacturer and subsidiary of United Africa Company of Nigeria, amid a...

Companies

Agusto & Co assigns Nova Merchant Bank “BBB” rating

Bala Augie Apr 24, 2019

Nigeria’s first credit Rating Agency and a pan African leader in credit reports, Agusto & Co. limited whose strong credibility...

Companies

Berger Paint upbeat after 20% growth in net income

David Ibidapo Apr 24, 2019

Shares of Berger paint resumed trading after the Easter break on a positive note as prices reversed by 1.19 percent...

Companies

UBA grows most profit among peers on interest income surge

Segun Adams Apr 24, 2019

Pan-African financial services provider, United Bank for Africa (Plc) recorded the biggest profit growth among peers in the first quarter...

Companies

MTN converts to public limited liability company

Jumoke Akiyode-Lawanson Apr 24, 2019

MTN Nigeria has completed its conversion from a private company to a public company (Plc), a legal requirement and key...

Companies

Rakunity‘s 2018 bottom-line shrugs off plunge in proceeds from PMS, DPK

Israel Odubola Apr 23, 2019

The after-tax profit of Rakunity Petroleum Plc, the least-capitalized firm in the Nigerian oil & gas sector, was not significantly...

Companies

Tinubu, Avuru top list of highest paid CEOs of quoted Nigerian companies 

Olufikayo Owoeye Apr 23, 2019

Fortunes of most Chief Executive Officers (CEOs) often rise and fall with the companies’ performance.  In a bid to ensure...

Companies

UBA’s first-quarter profit rises 20 percent

Segun Adams Apr 23, 2019

United Bank for Africa (UBA) plc in its first quarterly result for 2019 showed a strong start to the year...

Companies

Samsung postpones Galaxy Fold phone launch over screen problems

Okafor Endurance Apr 23, 2019

Samsung will not be able to deliver the highly anticipated Galaxy foldable phone this week as previously planned. This is...

Companies

LCCI urges Buhari to sign CAMA Bill to bolster MSMEs

Odinaka Anudu Apr 23, 2019

Lagos Chamber of Commerce and Industry (LCCI) is urging President Muhammadu Buhari to assent to the Companies and Allied Matters...