Companies

Companies

Nigeria’s crude oil production up 2.3%

BusinessDay Jul 28, 2014

Nigeria’s crude oil output increased by 43 barrels per day or 2.3 percent to 1.911 million barrels per day (mbpd)...

Companies

Nigeria’s rising consumer class

BusinessDay Jul 28, 2014

The growing size and strength of its consuming class is one of the most important under-appreciated changes in Nigeria. New...

Companies

FCMB records single-digit profit growth in H1

BusinessDay Jul 28, 2014

FCMB Group plc, a Nigerian lender, recorded single-digit profit growth in half year (H1) 2014, as it continues to grapple...

Companies

Niger Insurance boosts bottom-line on review of business operations

BusinessDay Jul 28, 2014

Following review in business operations tilted towards enhanced speed and service delivery, underwriting firm, Niger Insurance plc has begun to...

Companies

Golden Sugar demonstrates resolve to rival competitors

BusinessDay Jul 28, 2014

Though Golden Sugar Company, a division of Flour Mills of Nigeria plc, commenced operations barely 16 months ago, it has...

Companies

Accenture expands enterprise service with new acquisition

BusinessDay Jul 28, 2014

Accenture has acquired PureApps, a UK-based Enterprise Performance Management (EPM) provider that helps clients use financial insight and analysis to...

Companies

MTN Nigeria partners NHIS to introduce Mobile Health Insurance Scheme

BusinessDay Jul 28, 2014

MTN Nigeria has entered into a strategic partnership with the National Health Insurance Scheme (NHIS) to help bring affordable healthcare...

Companies

WTI crude falls to 1-week low on rising US fuel supply

BusinessDay Jul 28, 2014

West Texas Intermediate crude fell to a one-week low on speculation that increasing US fuel inventories will prompt refineries to...

Companies

Visa drops after reducing revenue forecast for fiscal year

BusinessDay Jul 28, 2014

Visa Inc., the biggest component in the Dow Jones Industrial Average, fell the most in three months after reducing its...

Companies

Visa drops after reducing revenue forecast for fiscal year

BusinessDay Jul 28, 2014

Visa Inc., the biggest component in the Dow Jones Industrial Average, fell the most in three months after reducing its...

Companies

Auldon urges entrepreneurs to take advantage of Lagos micro credit fund

BusinessDay Jul 28, 2014

Auldon Limited has called on entrepreneurs and artisans, especially those trained by the Lagos State government, to take advantage of...

Companies

SABMiller’s sales increase on pricier beer in Africa, Europe

BusinessDay Jul 25, 2014

SABMiller Plc, the world’s second-biggest brewer, reported first-quarter revenue growth that beat estimates as it sold more expensive beer in...

Companies

SABMiller’s sales increase on pricier beer in Africa, Europe

BusinessDay Jul 25, 2014

SABMiller Plc, the world’s second-biggest brewer, reported first-quarter revenue growth that beat estimates as it sold more expensive beer in...

Companies

Wema Bank H1 profit triples on improved efficiencies

BusinessDay Jul 25, 2014

Wema Bank Nigeria plc’s half-year (H1) profit more than tripled on improved efficiency despite the regulatory headwinds stocked by the...

Companies

Associated Discount House rating improves

BusinessDay Jul 25, 2014

Foremost independent credit rating firm in Nigeria, Agusto & Co, has upgraded Associated Discount House Limited (ADH) ratings from Bbb+...