Companies

Companies

Seplat sees biggest gain in 2019 after announcing Delapalme as Director

Oluwasegun Olakoyenikan Jul 24, 2019

SEPLAT Petroleum Development Company Plc, Nigeria’s largest listed Oil & Gas firm by market value, recorded its best performance this...

Companies

‘Big data analytics tools can be used to identify and combat cybersecurity threat’

Wasiu Alli Jul 24, 2019

DEBO FAGBAMI is the Chairman, Society of Petroleum Engineers (SPE), Nigeria Council. In an interview with FRANK UZUEGBUNAM, Fagbami talks about...

Companies

UPDATE: 11PLC’s half-year profit falters on higher cost of sales

Segun Adams Jul 24, 2019

  A double-digit increase in the cost of sales and a surge in finance cost pared profit of 11plc (Mobil)...

Companies

Nigerian stock valuation sees marginal decline on weak investor sentiment

Israel Odubola Jul 24, 2019

Investors in Nigerian stocks paid seven times for each naira earning of listed companies three months ago, but with the...

Companies

Interswitch needs to focus more stock sales at London Stock Exchange - analysts

David Ibidapo Jul 24, 2019

While confirmation on the possible listing of Interswitch, an electronic payment and digital commerce solution, on the London and Nigerian...

Companies

Gokada records 99.8% safety milestone since commencement of operations

Modestus Aneasoronye Jul 24, 2019

On-demand motorbike hailing service, Gokada, a technology-driven alternative transportation platform for quick intracity mobility, is pleased to announce that it...

Companies

Deap Capital considers converting N1.7bn debt to equity, proposes name change at AGM

Gbemi Faminu Jul 24, 2019

The Board of Directors of Deap Capital Plc, a Lagos-based financial services provider, has proposed to convert the company’s debt...

Companies

UPDATE: Investors reward Lafarge with higher prices as stock hit 8-month high

David Ibidapo Jul 23, 2019

In a way to show investors’ approval and reaction to the sale of Lafarge South Africa Holdings to LafargeHolcim Group,...

Companies

Africa Prudential’s mid-year profit hits N1bn mark, sees turnaround in digital technology unit

Israel Odubola Jul 22, 2019

Half-year profit of Africa Prudential Plc, a Lagos-based registration service provider, grew to N1.03 billion in 2019, its highest in...

Companies

PepsiCo eyes African growth with $1.7bn offer to acquire Pioneer Foods

Israel Odubola Jul 22, 2019

PepsiCo, an American multinational food and beverage company, has entered into agreement to acquire one of South Africa’s largest makers...

Companies

Custodian rides on dividend surge, sustained profitability to join NSE 30 firms 

Oluwasegun Olakoyenikan Jul 22, 2019

The quest of Custodian Investment Plc, Nigeria’s most profitable publicly-owned insurance company, to maximise its shareholders’ wealth has earned it...

Companies

United Capital half-year profit pares despite second quarter pick up

Segun Adams Jul 22, 2019

In spite of a strong performance in the second quarter, United Capital Plc, a Lagos-based investment bank, saw a decline...

Companies

What to expect as Fidson signs partnership with Japanese pharmaceutical company

Olufikayo Owoeye Jul 22, 2019

In an effort to consolidate its market position, pharmaceutical manufacturer, Fidson has announced the signing of a strategic partnership with...

Companies

Transcorp’s H1 profit dampens on steep decline in two revenue pillars

Israel Odubola Jul 22, 2019

Half-year profit of Transnational Corporation of Nigeria Plc (Transcorp) nosedived in the first six months of 2019 after sustaining positive...

Companies

First Bank of Nigeria: A commitment to social impact

Olufikayo Owoeye Jul 22, 2019

Nigeria’s premier and leading financial institution, First Bank of Nigeria has over the years contributed to all aspects of nation-building...