Companies

Companies

Stakeholders chart ways to achieving safer airspace in Nigeria

BusinessDay Jul 09, 2015

Despite the relatively high number of regulatory agencies in the Nigerian aviation sector, the country, according to records, has one...

Companies

Actis exits Mouka Limited

BusinessDay Jul 09, 2015

Actis, the global pan-emerging markets investor this week confirmed that it sold its majority shareholding investment in Mouka Limited (Mouka),...

Companies

Bovi confirms multimillion Naira deal with Glo

BusinessDay Jul 09, 2015

Fast rising standup comic, Bovi Ugboma has confirmed signing a multi-million naira deal with Information and Communications Technology solutions provider,...

Companies

Sesby Travels declares N1bn on ticket sales in 2014

BusinessDay Jul 09, 2015

Sesby Travels and Tours Ltd, during the week, launched a new portal as well as a payment system whereby intending...

Companies

Old Mutual acquires 13.6% Abraaj holdings in UAP insurance Company

BusinessDay Jul 08, 2015

Old Mutual plc, a London-listed international investment, savings, insurance and banking group with subsidiary in Nigeria has acquired a 13.6...

Companies

Equity Assurance posts N310 million profit

BusinessDay Jul 08, 2015

Underwriting firm, Equity Assurance has declared a profit of over N310 million in its financial year ended 31st December 2014....

Companies

Analysts predict increased rice price on CBN import restriction

BusinessDay Jul 08, 2015

The Central Bank of Nigeria (CBN)’s exclusion of rice importers from accessing foreign exchange from Nigerian markets could stoke up rice...

Companies

Mutual Benefits Assurance profits soar on cost cuts

BusinessDay Jul 08, 2015

Mutual Benefits Assurance Plc’s ability to reduce claims expenses and keep operating expenses at a reasonable level has paid off...

Companies

Chams tackles identity verification issues with new software

BusinessDay Jul 08, 2015

Chams Plc, Nigeria’s leading identity management firm, has unveiled identity verification software called ConfirmMe, a unified platform which aggregates data...

Companies

Fidelity Bank sees 2015 pretax profit of N23.5 bln

BusinessDay Jul 08, 2015

Nigeria’s Fidelity Bank expects pretax profit this year to reach 23.5 billion naira from 16.5 billion naira a year ago,...

Companies

Suregifts pioneers gift vouchers for Nigerian firms

BusinessDay Jul 08, 2015

Nigerian firm suregifts has pioneered gift vouchers for corporate organisations and employers of labour. Founded by Adeoye Ojo, Babafemi Lawal,...

Companies

Airtel out with new internet package for wider social media connections

BusinessDay Jul 08, 2015

Airtel Nigeria, leading telecommunications service provider, in its determination to boost its teeming subscribers’ social media communication service opportunities, has...

Companies

Chicken Republic in expansion strategy to leverage Nigeria’s QSR potential

BusinessDay Jul 08, 2015

 One of Nigeria’s largest fast food shops, Chicken Republic, has demonstrated its commitment to provide customers with authentic and great...

Companies

Oil falls more than 3 percent after Greek 'No

BusinessDay Jul 08, 2015

Oil prices fell more than 3 percent on Monday after Greece rejected debt bailout terms and China rolled out emergency...

Companies

Transcorp to spend $1.575 bln to boost power capacity by 2018

BusinessDay Jul 07, 2015

Nigeria’s Transcorp plans to spend $1.575 billion to quadruple its power capacity to 2,500 megawatts (MW) over the next three...