Companies

Companies

Sterling Bank, SMEDAN to create Nigeria's largest SME database

Hope Moses-Ashike Jun 29, 2023

Sterling Bank, has recently signed an agreement with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish...

Companies

Nigerian brewers face profit cuts on excise duties, naira devaluation

Folake Balogun Jun 29, 2023

Nigerian brewers are facing a double whammy of excise duties and naira devaluation, which is leading to profit cuts, BusinessDay’s...

Companies

Fidelity Bank's food initiative benefits Kano residents

Folake Balogun Jun 28, 2023

Fidelity Bank Plc has said its two-day feeding programme benefitted over 1,000 Kano residents made up of women, children, widows...

Companies

Rida Nigeria upgrades ride-hailing app

Olamide Ologunagbe Jun 28, 2023

Rida Nigeria, a ride-hailing service, has announced a significant update to its RIDA app for passengers and RIDA driver app...

Companies

UBA unveils account opening form for visually impaired persons

Folake Balogun Jun 28, 2023

United Bank for Africa (UBA) has launched the UBA Braille Account Opening Form, a first of its kind initiative in...

Companies

Consumer goods firms’ distribution cost surge 27% as inflation bites

Folake Balogun Jun 28, 2023

The Nigerian economy has been bedevilled by several macroeconomic doldrums, which have affected the operations of several organisations, threatening a...

Companies

SAHCO shareholders approve 16.5kobo dividend per share

Ifeoma Okeke-Korieocha Jun 28, 2023

Shareholders of Skyway Aviation Handling Company (SAHCO) Plc, have approved the dividend payout of 16.5 kobo for the year ended...

Companies

JCI Nigeria tasks youths on creative entrepreneurship, innovations

Abubakar Ibrahim Jun 28, 2023

Junior Chamber International (JCI) Nigeria has emphasised the need for young entrepreneurs to be creative and innovative, saying these are...

Companies

Zenith, GTCO cross N1trn market cap as Index exceeds 60,000 psychological level

Iheanyi Nwachukwu Jun 27, 2023

Two Nigerian tier-1 lenders Zenith Bank Plc and GTCO Plc have crossed the N1trillion market capitalisation mark. This is even...

Companies

Caverton to diversify business, eyes fresh capital from new investors

Iheanyi Nwachukwu Jun 27, 2023

Caverton Offshore Support Group Plc has disclosed plan to further diversify its business within the aviation and marine sectors while...

Companies

Coca-Cola System, partners take action against waste in cleanup exercise

Temitayo Ayetoto-Oladehinde Jun 27, 2023

The Coca-Cola System in Nigeria, comprising Coca-Cola Nigeria, CHI Limited and the Nigerian Bottling Company, has demonstrated its commitment to...

Companies

OPEC Fund partners IRENA to accelerate energy financing

Abubakar Ibrahim Jun 27, 2023

The OPEC Fund for International Development (the OPEC Fund) has signed an agreement with the International Renewable Energy Agency (IRENA)...

Companies

Berger Paint records N184m profit, highest in 5 years

Olamide Ologunagbe Jun 27, 2023

Berger Paint, one of Nigeria’s leading paint manufacturers, has recorded a 102 percent surge in profit to N184.19 million in...

Companies

Accion MfB declares N7bn gross earnings in one year

Seyi John Salau Jun 27, 2023

Accion Microfinance Bank (MfB) has declared N6.96 billion gross earnings for the financial year ended December 31, 2022, indicating an...

Companies

Logistic firm deepens corporate governance, gets ISO certification

Chuka Uroko Jun 27, 2023

As part of efforts to strengthen its board and deepen corporate governance practices, GPC Energy & Logistics, a fast-growing logistics...