Companies

Companies

RSM partners Stransact to expand footprint in Nigeria

Opeyemi Kalejaiye Jun 14, 2022

RSM International (RSM), the sixth-largest global network of independent audit, tax, and advisory firms, has appointed Stransact, an independent Nigerian...

Companies

Construction business favours BUA cement as Q1 profit hits 4-year high

Emmanuel Jun 14, 2022

BUA Cement Plc, Nigeria’s second Largest Cement producer, has released its Q1 2021 Unaudited results reporting a profit of N33.14...

Companies

Demand for Dangote cement may force more production in Ibese cement plant

Razaq Ayinla Jun 14, 2022

As demand for three cement variants being produced at the Southwest Operations of Dangote Cement Plant skyrockets, there is a...

Companies

How manufacturing industry drove company income tax in Q1

Opeyemi Kalejaiye Jun 13, 2022

The manufacturing sector was the key contributor to Nigeria’s Company Income Tax (CIT) revenue in the first quarter (Q1) 2022,...

Companies

Konga discounts prices to woo consumers on Democracy Day

BusinessDay Jun 13, 2022

Konga, Nigeria’s e-commerce giant, has assured customers of the best prices across product categories and free delivery for Lagos, Abuja,...

Companies

TAJBank, ICD seal pact on capital projects’ financing in Nigeria

Iheanyi Nwachukwu Jun 13, 2022

TAJBank Limited, Nigeria’s leading non-interest bank, has signed a Memorandum of Understanding (MoU) with the Islamic Corporation for the Development...

Companies

PZ Cussons: Rebuilding profit on new strength in sales, cost reduction

Folake Balogun Jun 10, 2022

PZ Cussons Plc, a maker of personal healthcare and consumer goods, has maintained its profitability momentum after an initial setback,...

Companies

Heirs Oil, ND Western to submit bids for Shell's onshore divestment programme

Abubakar Ibrahim Jun 10, 2022

Shell Plc is set to receive two final offers this week for its onshore oil and gas fields in Nigeria...

Companies

CELSIR commissions library for correctional centres in Lagos

Bunmi Bailey Jun 10, 2022

The Centre for Legal Support and Inmate Rehabilitation (CELSIR) with the support of the Ford Foundation commissioned the first-of-its-kind mobile...

Companies

Rising cost pressures NASCON’s profits by 46.5% in Q1

Folake Balogun Jun 10, 2022

Nascon Allied Industries has released its unaudited financial statement for the period ended March 31, 2022, showing how rising costs...

Companies

Firm set to launch instant messaging app, Lets Talk

Seyi John Salau Jun 10, 2022

Telecommunications firm, Lets Talk I.T has said it is working on launching Nigeria’s first instant messaging application, Lets Talk before...

Companies

First Bank partners group to promote female-owned businesses

Folake Balogun Jun 10, 2022

The ELOY Foundation has, in partnership with First Bank, introduced the ELOY Foundation Business Shower program. The program is created...

Companies

Norrenberger gets NGX nod to acquire 649.8m shares of IEI

Iheanyi Nwachukwu Jun 10, 2022

The Nigerian Exchange Limited (NGX) has approved the block divestment of 649,873,013 ordinary shares of International Energy Insurance Plc (IEI)...

Companies

UBA redeems $500million 5-year Eurobond

Iheanyi Nwachukwu Jun 10, 2022

The United Bank for Africa Plc (UBA) has redeemed its $500 million 5-year Eurobond notes, with a maturity date of...

Companies

New Materials Nigeria Company to save the country $100m forex annually

James Kwen Jun 09, 2022

The New Materials Nigeria Company Limited, a building material firm recently commissioned in Abuja will save the country a whopping...