Companies

Companies

First Bank CEO becomes member of Bretton Woods Committee

BusinessDay Oct 16, 2020

First Bank of Nigeria Limited has announced that its CEO, Adesola Adeduntan, has been honoured with membership of Bretton Woods...

Companies

NNPC posts N1.7bn loss in 2019 audited financial reports

Harrison Edeh Oct 15, 2020

The Nigerian National Petroleum Corporation (NNPC) Thursday, announced the release of its 2019 audited Financial Statement, posting a loss of...

Companies

In boost for pensioners, Chams Plc launches remote verification solution

BusinessDay Oct 15, 2020

Chams Plc, in a quest to solve the existing challenges with the tedious verification process for pensioners has developed a...

Companies

Fidelity bank PBT hits N6.7bn in Q1 2019 on gains from other income

Frank Eleanya Oct 15, 2020

Nigeria’s tier 2 lenders, Fidelity bank has kicked off the 2019 financial year on a strong footing as its first...

Companies

NECA Network of Entrepreneurial Women to lift members with excellent business skills

Amaka Anagor-Ewuzie Oct 15, 2020

The NECA Network of Entrepreneurial Women (NNEW) has perfected arrangement to hold the seventh edition of its annual summit and...

Companies

Top African brands could lose $60 billion over COVID-19

Bunmi Bailey Oct 14, 2020

Africa’s 150 most valuable brands could lose up to 12 percent of brand value cumulatively, a drop of $60 billion...

Companies

BUA, FAVA sign agreement for supply of 720tons pasta processing plant

Odinaka Anudu Oct 14, 2020

BUA Group, a food and manufacturing conglomerate, has signed an agreement with FAVA of Italy for the supply and installation...

Companies

Federal High Court arraigns promoters of Dantata Success over N2bn investment fraud

Iheanyi Nwachukwu Oct 14, 2020

The Federal High Court sitting in Abuja has arraigned the promoters of Dantata Success and Profitable Company for investment fraud...

Companies

Cititrust Holdings Plc launches Investment/asset Management Company in Malawi

Ifeoma Okeke Oct 14, 2020

Cititrust Holdings Plc, a Pan African Investment Holding Company, has launched a wholly-owned Investment/asset Management Company subsidiary in Malawi, the...

Companies

Red Star Express plc posts N750m PBT, pays dividend to shareholders

Kelechi Ewuzie Oct 14, 2020

Red Star Express Plc, a world-leading courier and package delivery company in Nigeria, has declared a profit before tax of...

Companies

Stanbic IBTC retains Fitch's AAA rating

Iheanyi Nwachukwu Oct 13, 2020

Globally renowned credit rating agency, Fitch Ratings has reaffirmed that Stanbic IBTC Holdings Plc and its subsidiary, Stanbic IBTC Bank...

Companies

May&baker introduces ‘Malact’ to reduce malaria related mortality

BusinessDay Oct 13, 2020

May& Baker Nigeria Plc, a pharmaceutical manufacturer has introduced Malact, a new antimalarial medicine that promises to revolutionize malaria disease...

Companies

NDDC uncovers plot to divert oil companies’ contribution to UK private account

Ignatius Chukwu Oct 13, 2020

The Niger Delta Development Commission (NDDC) has just raised alarm, saying it has uncovered plots to divert the entire payments...

Companies

WACT commissions $15m new Mobile Habour Cranes, reach stackers at Onne Port

Amaka Anagor-Ewuzie Oct 13, 2020

The West Africa Container Terminal ( WACT) on Tuesday 6 October 2020 moved a step further towards realising its vision...

Companies

Omoluabi Mortgage Bank changes name, launches new mobile app, corporate website

Ifeoma Okeke Oct 13, 2020

Leading financial and investment services company, Omoluabi Mortgage Bank Plc, has changed its name to LivingTrust Mortgage Bank Plc. The...