Companies

FCMB appoints Yemisi Edun acting MD as Nuru proceeds on leave

First City Monument Bank (FCMB) has named Yemisi Edun as acting managing director to oversee the activities of the bank...

With an eye on growth, Nigeria's Access Bank acquires Zambian Cavmont Bank

Tier 1 lender, Access Bank, has completed the acquisition of Zambian Cavmont Bank Limited, as it seeks to expand its...

The Financial Strength Rating of the African Reinsurance Corporation (Africa Re) has been re-affirmed at A (Excellent) and the long-term...

FCMB names new Managing Director

First City Monument Bank, FCMB, has named a new managing director following the stepping aside of Adam Nuhu. The new...

Oscar Onyema emerges Group CEO of Nigerian Exchange Group Plc

The National Council of The Nigerian Stock Exchange has announced that the following Chief Executives will head its operating and...

Neimeth Pharmaceutical partners Imo State government on Covid-19, primary health care

Neimeth International Pharmaceutical Plc has indicated interest to partner the Imo State government in its quest to take health care...

Aella collaborates with Amazon to empower under banked individuals in Nigeria

Aella App, Nigeria’s leading single-point financial service and payment solutions organization, is working with Amazon Web Services, Inc. (AWS) to...

Foreign transactions in Nigerian equities hit 5-year low as FX crisis lingers

Foreign portfolio investors have continued to reduce exposure in Nigerian equities with transactions reaching the lowest levels in five years...

MTNN CEO designate raises equity stake in the telco by over N80million

As a show of confidence in the future prospects of MTN Nigeria Communications Plc, Karl Toriola the CEO Designate has...

Peace Mass Transit acquires 313.3m units of Neoma Africa Fund's loan stock in C&I Leasing

C&I Leasing Plc notified the Nigerian Stock Exchange (NSE) and the investing public of the purchase of 313,326,316 units of...

Vitafoam shares hit 8-year-high as revenue surges due to sales during COVID-19

Shares of Vitafoam Nigeria, a leading manufacturer of different types of foam and bedding products hit its highest in eight...

Vitafoam hits 52-week high as investors position for 70kobo final dividend

The shares of Vitafoam Nigeria Plc were on demand on Monday January 4 being the first trading day in 2021...

Notore Chemical Industries records N9.48bn operating profit in 2020

Notore Chemical Industries Plc has recorded an operating profit of N9.48 billion as against the N3.41billion it made in the...

Top 10 billionaire’s list now has two entrants thanks to pandemic

The global pandemic may have ravaged businesses across the world, but it also added to the fortunes of some billionaires,...

Neimeth profit falls 3% in 9-month as company lose over N188ml to naira devaluation

Drug manufacturing firm, Neimeth International, records a slight decline in profit in the year ending September, after ballooning cost and...