Companies

Companies

Mutual Benefits Assurance profits soar on cost cuts

BusinessDay Jul 08, 2015

Mutual Benefits Assurance Plc’s ability to reduce claims expenses and keep operating expenses at a reasonable level has paid off...

Companies

Chams tackles identity verification issues with new software

BusinessDay Jul 08, 2015

Chams Plc, Nigeria’s leading identity management firm, has unveiled identity verification software called ConfirmMe, a unified platform which aggregates data...

Companies

Fidelity Bank sees 2015 pretax profit of N23.5 bln

BusinessDay Jul 08, 2015

Nigeria’s Fidelity Bank expects pretax profit this year to reach 23.5 billion naira from 16.5 billion naira a year ago,...

Companies

Suregifts pioneers gift vouchers for Nigerian firms

BusinessDay Jul 08, 2015

Nigerian firm suregifts has pioneered gift vouchers for corporate organisations and employers of labour. Founded by Adeoye Ojo, Babafemi Lawal,...

Companies

Airtel out with new internet package for wider social media connections

BusinessDay Jul 08, 2015

Airtel Nigeria, leading telecommunications service provider, in its determination to boost its teeming subscribers’ social media communication service opportunities, has...

Companies

Chicken Republic in expansion strategy to leverage Nigeria’s QSR potential

BusinessDay Jul 08, 2015

 One of Nigeria’s largest fast food shops, Chicken Republic, has demonstrated its commitment to provide customers with authentic and great...

Companies

Oil falls more than 3 percent after Greek 'No

BusinessDay Jul 08, 2015

Oil prices fell more than 3 percent on Monday after Greece rejected debt bailout terms and China rolled out emergency...

Companies

Transcorp to spend $1.575 bln to boost power capacity by 2018

BusinessDay Jul 07, 2015

Nigeria’s Transcorp plans to spend $1.575 billion to quadruple its power capacity to 2,500 megawatts (MW) over the next three...

Companies

Investors see growing risks in Nigeria's devaluation delay

BusinessDay Jul 07, 2015

International investors, dismayed by Nigeria’s decision to delay a naira devaluation they see as long overdue, will hold back from...

Companies

Group partners BOI to enhance SME development

BusinessDay Jul 07, 2015

The Bank of Industry has accepted to work in concert with the Catholic Brothers United (CBU) in the group’s planned...

Companies

CWG business model yield fruits

BusinessDay Jul 07, 2015

  Nigerian leading ICT company, Computer Warehouse Group (CWG) plc. Marked her 10 years of excellence service to corporate organizations....

Companies

PTDF endorses call for Nigeria to adopt modular refineries to end energy crises

BusinessDay Jul 07, 2015

Perhaps, a stronger official endorsement has come from the Petroleum Technology Development Fund (PTDF), for Nigeria to adopt the building...

Companies

Nigerian interbank rates fall on ample liquidity

BusinessDay Jul 07, 2015

Nigeria’s interbank lending rate eased to an average of 4.5 percent on Friday, its lowest since the central bank raised...

Companies

Legacy equity unit-holders approve N0.087 dividend pay-out

BusinessDay Jul 06, 2015

Unit-holders of Legacy Equity Fund gathered in Lagos recently and approved the payment of N0.087 per unit dividend proposed by...

Companies

Nigeria’s non-oil revenue collection still lacklustre

BusinessDay Jul 06, 2015

Analysts say a pressing challenge for the new Muhammadu Buhari administration is to boost its non-oil revenues as oil prices...