Companies

Companies

Discontinued operations boost UACN’s profit by 87% in first quarter 2020

Teliat Sule May 03, 2020

Nigeria’s foremost conglomerates, UACN last week released its first quarter unaudited results for the period ended March 31, with divestment...

Companies

Transcorp Group CEO, Owen Omogiafo unveils new strategic vision at Company’s AGM

Segun Adams May 02, 2020

Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have congratulated the Board and management for the resilient performance achieved in...

Companies

Why discount, budget will determine hotel patronage post coronavirus

Obinna Emelike May 02, 2020

With many hotels shutdown long ago, and those that have managed to stay afloat with essential services now closed, it...

Companies

May Day: PAN Nigeria enjoins workers to adhere to personal hygiene measures

Mike Ochonma May 01, 2020

PAN Nigeria Limited has enjoined millions of workers in the public, private and informal sectors of the Nigerian economy to...

Companies

MFBs lose N42bn uncollected loans to COVID-19 lockdown

Hope Moses-Ashike Apr 30, 2020

Microfinance banks (MFBs) operating in Nigeria are losing about N42 billion uncollected loans as a result of the Covid-19 lockdown....

Companies

Shareholders commend Access Bank’s 2019 performance at AGM held by proxy

Iheanyi Nwachukwu Apr 30, 2020

It was commendation galore at the 31st Annual General Meeting (AGM) of Access Bank Plc held in Lagos as shareholders...

Companies

SEC acting DG congratulates Nigerian workers, urges them to invest in Capital Market

Iheanyi Nwachukwu Apr 30, 2020

Nigerian workers have been urged to invest in capital market in a bid to create wealth and save towards their...

Companies

Transcorp Group unveils new strategic vision for Nigeria’s largest listed conglomerate

Iheanyi Nwachukwu Apr 30, 2020

Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have congratulated the Board and management of the company for the resilient...

Companies

LEKOIL, Optimum agree to restructure OPL310 development

Segun Adams Apr 30, 2020

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, has announced that...

Companies

UBA delivers impressive returns on investment, as shareholders applaud bank’s support in fight against COVID-19

Iheanyi Nwachukwu Apr 29, 2020

Leading African financial institution, United Bank for Africa Plc (UBA) held its Annual General Meeting virtually by proxy on Wednesday,...

Companies

Seplat reports N34.3bn pretax loss in Q1'20

Iheanyi Nwachukwu Apr 29, 2020

Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange...

Companies

Union Bank Q1 scorecards impresses market

Iheanyi Nwachukwu Apr 29, 2020

Union Bank Plc, one of Nigeria’s longest-standing and most respected financial institutions, has released its unaudited financial statements for the...

Companies

ETI sees 20% decline in Q1 profit on higher financial asset impairment charge

Segun Adams Apr 29, 2020

Pan-African lender Ecobank Transnational Incorporated (ETI), the Lome-based parent of Ecobank Nigeria Ltd has announced a profit after tax of...

Companies

MTN Nigeria sees 59% surge in Q1 data revenue on COVID-19 impact, 4G tech

Segun Adams Apr 29, 2020

Nigeria’s biggest mobile phone service provider MTN recorded a surge in data revenue in the first quarter of 2020, where...

Companies

FMDQ Exchange admits United Capital, Sterling Bank commercial paper notes to its platform 

Iheanyi Nwachukwu Apr 28, 2020

Coming shortly on the heels of the issuances and subsequent successful admission of the Flour Mills of Nigeria Plc Bond,...