Companies

Companies

Sterling Bank grows full-year 2022 profit by 28.5% to N19.3bn

Iheanyi Nwachukwu May 05, 2023

Sterling Bank reported a growth of 28.5 percent in its profit after tax (PPAT) to N 19.3 billion for the...

Companies

Neveah makes Financial Times' 2023 Africa’s Fastest Growing Companies ranking

David Ijaseun May 05, 2023

The Financial Times, a leading world business newspaper and renowned digital publication has released its annual ranking list of Africa’s...

Companies

Rising income tax shrinks Lafarge Africa’s Q1 profit by 15%

Olamide Ologunagbe May 05, 2023

Lafarge Africa, one of Nigeria’s leading building solutions companies and a member of Holcim Limited has recorded a slowdown in...

Companies

Wema Bank records N39bn Q1 gross earnings

Folake Balogun May 05, 2023

Wema Bank Plc has said it recorded N39.35bn gross earnings in the first quarter of the 2023 financial period. This...

Companies

Heirs General Insurance names Wole Fayemi as new CEO

Modestus Anaesoronye May 05, 2023

Heirs Insurance Limited has changed its name to Heirs General Insurance Limited (HGI), and has also appointed Wole Fayemi as...

Companies

Logistics Tech Company, Karria launches, promises optimum solutions

Remi Feyisipo May 05, 2023

Karria, a logistic tech company, that deals with on-demand moving services which includes Haulage, Residential/Commercial relocation and Towing for businesses...

Companies

MKH Investment rebrands as MKH Property Limited

Abubakar Ibrahim May 04, 2023

MKH Group has announced the change of name of one of its subsidiaries. According to the Group, MKH Investment Limited...

Companies

90% of vehicles bought without credit facilities, says CPPE

Abubakar Ibrahim May 04, 2023

The chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf, has said that over...

Companies

PAC Capital acts as arranger of Access Holdings $300m investment finance facility

Josephine Okojie-Okeiyi May 04, 2023

PAC Capital Limited (PAC) has acted as the lead financial adviser and fund arranger to Access Holdings Plc (Access Holdc)...

Companies

Standard Chartered appoints Olukorede Adenowo as CEO of Standard Chartered Bank Nigeria

Iheanyi Nwachukwu May 04, 2023

Standard Chartered has announced the appointment of Olukorede Adenowo (K.O) as Chief Executive Officer, Standard Chartered Bank Nigeria Limited. His...

Companies

NGX urges CWG to sustain positive financial performance

Iheanyi Nwachukwu May 04, 2023

Computer Warehouse Group (CWG) Plc on Wednesday, May 3, 2023 presented its financial performance, strategic, and operational developments to the...

Companies

Real estate practitioners highlight ways to tackle building collapse

Iheanyi Nwachukwu May 04, 2023

Real estate practitioners have emphasised the need for education and collaboration among sectors from the developers, regulators, and surveyors to...

Companies

Nigerian Breweries issues N25bn commercial paper

Folake Balogun May 04, 2023

Nigerian Breweries Plc has revealed a plan to raise N25bn from commercial paper issuance to support the company’s short-term working...

Companies

Nestle’s profit drops to N16bn on rising finance cost

Folake Balogun May 04, 2023

Nestle Nigeria, in its first quarter unaudited results recorded a 10 percent drop in profit after tax to N16.21 billion...

Companies

FITC unveils initiative to prepare youths for future work

Josephine Okojie-Okeiyi May 04, 2023

FITC, an innovation-led and technology-driven knowledge institution that provides learning, advisory services, and policy advocacy to the Nigerian financial service...