Companies

Companies

MultiChoice sees return to profitability ahead of February listing

Olufikayo Owoeye Feb 07, 2019

Ahead of its planned unbundling by Naspers and eventual listing on the Johannesburg Stock Exchange (JSE) later this month, PayTV...

Companies

NoMAP integrates five PAYGO solar companies into SWIFTA’s agency network

Kelechi Ewuzie Feb 07, 2019

Nigerian Off-Grid Market Programme (NoMAP) as part of efforts to remove bottlenecks hindering energy access to households in communities have...

Companies

Sirius Petroleum Plc issues new ordinary shares

Oladehinde Oladipo Feb 06, 2019

In a notice to the London Stock Exchange, Sirius Petroleum Plc, a Nigeria-focused oil and gas development firm has announced...

Companies

Bob Diamond steps down as chair of African banking group Atlas

Financial Times Feb 06, 2019

Former Barclays chief executive Bob Diamond stepped down as chairman of Atlas Mara as the pan-African banking group he founded...

Companies

Tough operating environment pushes Academy Press to 13-year low

Oluwasegun Olakoyenikan Feb 05, 2019

Academy Press Plc, a leading printing and publishing firm in Nigeria, Monday in the form of capital depreciation got its...

Companies

ValuAlliance posts N169.2mn losses in Q2 2018 over fair value deficit

Israel Odubola Feb 05, 2019

ValuAlliance Asset Management Limited, manager of “Value Fund”,  reported N169.2 million losses for six months ended December 31, 2018, indicating...

Companies

SON develops five new standards for pap, Millet, 'Acha flour', others

Harrison Edeh Feb 05, 2019

In a determined move to maintain standards in edible agricultural products and sustain agricultural diversification, the Standard Organisation of Nigeria,...

Companies

Executive Order 007: Opportunity for Companies to boost earnings – Analysts

Israel Odubola Feb 04, 2019

The Executive Order 007 would likely reduce liability of firms and bolster their profitability and returns to shareholders in form...

Companies

Private securities firms employ 828,502 Nigerians in 2018

Bunmi Bailey Feb 03, 2019

Private security companies operating in Nigeria employed a total of 828,502 Nigerians in 2018, according to a private security guard...

Companies

MAN blames high electricity cost on poor electricity supply

David Ibidapo Feb 02, 2019

The Manufacturers Association of Nigeria (MAN) has lamented the state of Nigeria’s power supply explaining the negative effect on manufacturers’...

Companies

Renmoney makes 2019 LSE Group’s ‘Companies to Inspire Africa’ list

Modestus Aneasoronye Feb 01, 2019

Renmoney, a leading fintech lending company in Lagos, was featured on the London Stock Exchange Group (LSEG) list of ‘Companies...

Companies

Notore grows Q1 operating profit by 412.4% to N2.99bn

Iheanyi Nwachukwu Jan 31, 2019

Notore Chemical Industries Plc has released its unaudited financial statements for the first-quarter (Q1) period ended December 31, 2018. The...

Companies

Asharami Synergy Bags ISO Certification for quality management systems

Iheanyi Nwachukwu Jan 31, 2019

Asharami Synergy Plc (a Sahara Group Company), has been awarded the ISO 9001:2015 Certification, an internationally recognized standard for organisations...

Companies

Guinness shares decline as tough competition shrinks revenue

Olufikayo Owoeye Jan 31, 2019

Guinness Nigeria Plc, a subsidiary of Diageo Plc, has announced its unaudited results for its first half year 2019 for...

Companies

Shoprite sees biggest loss in almost 20 years on profit warning

Olufikayo Owoeye Jan 31, 2019

Africa’s biggest retail outlet, Shoprite’s shares slumped by 17%, the most since July 1999 after its first-half earnings dropped as...