Companies

Companies

Africa Prudential’s Bottom-Line Maintains Positive Growth Despite Virus-Ridden Second Quarter

Segun Adams Jul 27, 2020

Africa Prudential, listed Digital Technology, Business Support Solutions, and Share Registration service provider grew its half-year profit by 5% to...

Companies

Lafarge sees Record Growth in Positive Half-year For Cement Makers

Segun Adams Jul 27, 2020

Lafarge Africa, the Sub-Saharan Africa subsidiary of global cement maker LafargeHolcim, has reported its best profit after tax for the...

Companies

Nestle, Dangote Sugar, GTBank deliver superior ROE in 10 years - Coronation Asset

Bala Augie Jul 27, 2020

Over the past 10 years, Nestle Nigeria plc, Dangote Sugar Nigeria plc, and Guaranty Trust Bank have generated more profit...

Companies

IMF records US$1.9 billion from lending, investments in 2020

Hope Moses-Ashike Jul 25, 2020

The International Monetary Fund (IMF) net operational income, mainly comprising income from lending and investments, remained strong at US$1.9 billion...

Companies

Insurance industry to see increased activity as Enterprise, Stanbic IBTC, Heirs Holdings apply for licence

Modestus Anaesoronye Jul 24, 2020

Nigeria’s insurance industry is about to witness increased activity and vibes, as Ghana’s largest insurer, Enterprise Insurance, alongside Nigeria’s Stanbic...

Companies

Airtel Africa berths with Q1'20 financial scorecards

Iheanyi Nwachukwu Jul 24, 2020

Airtel Africa Plc has released its first-quarter (Q1) results for the period ended 30 June 2020. The company is witnessing...

Companies

Origin automotive rolls out tractor hailing platform for effective farming practice

Kelechi Ewuzie Jul 24, 2020

Indigenous technology firm, Origin Automotive Works has introduced into the market “Tractor on the Go” a new innovative feature technology...

Companies

Coca-cola sees biggest quarterly revenue drop in 30yrs on COVID-19 impact

Olufikayo Owoeye Jul 24, 2020

Soft- drink giant , Coca-cola reported its largest decline in quarterly revenue in at least 30 years, on the back...

Companies

Chemical and Allied Products H1 revenue drops as Coronavirus batters paint business

Segun Adams Jul 24, 2020

Despite a positive start to the year, Paint maker Chemical and Allied Products reported a doubledigit drop in its six-month...

Companies

NSE Welcomes Champion Breweries Managing Director with Digital Closing Gong

Segun Adams Jul 23, 2020

The Nigerian Stock Exchange honoured the newly appointed Managing Director of Champion Breweries Plc, Georgios Polymenakos by having him perform...

Companies

Cadbury Nigeria’s half-year profit drops by 20% 

Iheanyi Nwachukwu Jul 23, 2020

Cadbury Nigeria Plc has released its unaudited interim financial information for the half year (H1) ended June 30, 2020. The...

Companies

Africa Prudential half-year gross earnings down by 7%

Iheanyi Nwachukwu Jul 23, 2020

Africa Prudential Plc has announced its Unaudited Financial Statements for the half-year period ended June 30 2020, with a Gross...

Companies

Oyegunle CIIN president promises to reinforce professionalism, ethic in insurance industry

Modestus Aneasoronye Jul 23, 2020

The President of the Chartered Insurance Institute of Nigeria (CIIN), Muftau Oyegunle has said that the focus of his tenure...

Companies

Bridge Leadership Foundation holds virtual 10th edition of Career Day

BusinessDay Jul 23, 2020

The Bridge Leadership Foundation is set for the 10th edition of its Career Day themed – “The Global Economy: Adapting...

Companies

Dow Tackles Plastic Waste in Nigeria through Local Partnerships

BusinessDay Jul 22, 2020

DOW has announced Project Reflexng, a pilot project aiming to collect and recycle plastic waste in Lagos, Nigeria. This project...