Companies

Companies

African Prudential kicks off 2019 with 23% surge in contract income

Israel Odubola Apr 22, 2019

Lagos-based share registration service provider, African Prudential Plc, saw its income from contracts with clients, soar 23 percent in the...

Companies

Nestle, Cadbury outshine peers in efficiency test

Segun Adams Apr 22, 2019

The fragile state of the Nigerian economy coupled with lingering infrastructural challenges have left consumer goods firms in dire need...

Companies

Access Bank gains most in over 3 years as profit surges 86%

David Ibidapo Apr 19, 2019

Access Bank, a tier one commercial bank fresh off a merger with Diamond bank, saw its share price jump by...

Companies

Unilever’s Q1 earnings show slow start to New Year

Segun Adams Apr 19, 2019

Unilever, one of the largest players in Nigeria’s Fast Moving Consumer Goods market, has announced a decline in earnings for...

Companies

Port security: STOAN says Nigerian port terminals now ISPS Code compliant

Amaka Anagor-Ewuzie Apr 19, 2019

Seaport Terminal Operators Association of Nigeria (STOAN) says all concessioned port terminals in Nigeria are now in full compliance with...

Companies

Africa Registrars post 19% decline in bottom-line in Q1 2019 on lower yields

Israel Odubola Apr 18, 2019

Lagos-based share registration service provider, African Prudential Plc, posted 19 percent cut in after-tax profit in the first three months...

Companies

Abbey Mortgage Bank’s losses hits 3-year high on interest income dip, credit loss

Israel Odubola Apr 18, 2019

The woes of Abbey Mortgage Bank compounded in 2018 as the Lagos-based provider of housing products, ended last year in...

Companies

CBN, SEC, NSE, others urge code of corporate governance compliance

Micheal Ani Apr 18, 2019

Regulators in the capital, money market as well as counterparts in other sectors of the economy, have stressed on the...

Companies

NAHCO profit falls to 13-year low as income tax expense hit earnings

Oluwasegun Olakoyenikan Apr 18, 2019

The Nigerian Aviation Handling Company Plc (nahco aviance), a leading aviation ground handling service provider in the country, saw its...

Companies

GTBank’s Q1 profit rises 10% to N49bn despite lower net interest income

Oluwasegun Olakoyenikan Apr 18, 2019

The decline in net interest income witnessed by Nigeria’s largest bank by market capitalisation, Guaranty Trust Bank Plc, in 2018...

Companies

Nigerian insurers bleed on Egina FPSO loss claims

Modestus Aneasoronye Apr 18, 2019

Claims expense by insurers on the Egina FPSO Oil Field has been described as the largest ever recorded in the...

Companies

Zenith Bank profit surges 6.7% to N50bn in Q1 2019

Olufikayo Owoeye Apr 18, 2019

Tier-1 bank, Zenith Bank recorded a 6.7 percent surge in after-tax profits in its Q1 2019 financial results to N50...

Companies

Chams has capacity to handle electronic voting for Nigeria – Williams

Iheanyi Nwachukwu Apr 18, 2019

In this interview, Femi Williams, Group Managing Director and Chief Executive Officer Chams Plc speaks to select journalists including Iheanyi...

Companies

LCCI, AMEN collaborate on mining, metals export summit

JOSEPH MAURICE OGU Apr 17, 2019

Lagos Chamber of Commerce and Industries (LCCI) and the Association of Metals Exporters of Nigeria (AMEN) are coming together to...

Companies

Quackery is not allowed in our profession – Rabiu

Stephen Onyekwelu Apr 17, 2019

Musa Rabiu, group chief human resource officer at Dangote Cement Plc. has been in human resource management practice for over...