Companies

Companies

Seplat grows Q2 pre-tax profit by 238% to $209.9m

Iheanyi Nwachukwu Jul 28, 2022

Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange,...

Companies

Downstream firms see finance costs rise 194% in Q1 2022

Folake Balogun Jul 28, 2022

Nigeria’s downstream sector has witnessed uncertainty as marketers increased the price of petrol to between N170/litre and N190/litre. This raised...

Companies

Inlaks partners Temenos to enhance digital growth with banking software

Gbemi Faminu Jul 28, 2022

Inlaks, the foremost ICT infrastructure, and systems integrator in Sub-Saharan Africa have partnered with Temenos a leading banking software company,...

Companies

Agusto & Co affirms Parthian Partners Limited’s ‘BBB’ rating

Folake Balogun Jul 28, 2022

Agusto & Co Limited, a Pan African credit rating firm affirmed the “BBB” rating assigned to Nigerian inter-dealer broker, Parthian...

Companies

Zoho hits 38% annual growth, celebrates milestone investments

Ebunoluwa Ladipo Jul 28, 2022

Zoho Corporation, a global technology company, has reported a 38 percent year-on-year growth and surpassing the 80 million user mark....

Companies

FCMB Group records 73.2% H1 profit growth of N15.4bn

Iheanyi Nwachukwu Jul 28, 2022

For the six months ended June 30, 2022, FCMB Group Plc has reported better-than-impressive earnings, revenue, deposits, loans and asset...

Companies

KFC Africa seals basketball activation deal with NBA Africa

Charles Ogwo Jul 28, 2022

KFC Africa has partnered with the National Basketball Association (NBA) Africa to launch a series of fan-centric activities that will...

Companies

Airtel’s profit jumps 25% to $178m in Q2

Opeyemi Kalejaiye Jul 28, 2022

Airtel Africa, a telecommunication and mobile money services company reported a profit increase of 25 percent in the second quarter...

Companies

Africa Prudential posts 19% rise in half-year profit

Folake Balogun Jul 28, 2022

Africa Prudential Plc has reported an increase of 19 percent in its profit before tax for the first half of...

Companies

Firstmonie agents processed N22trn worth of transactions - First Bank

Bunmi Bailey Jul 28, 2022

First Bank of Nigeria Limited has announced that its Firstmonie agents have collectively processed transaction volume in excess of one...

Companies

Delta Airlines records $13.8bn operating revenue in Q2

Ifeoma Okeke-Korieocha Jul 28, 2022

Delta Airlines has recorded a sum of $13.8 billion as operating revenue for the second quarter of the year 2022....

Companies

Nigeria Innovation Summit 2022 explores approaches to fixing economic issues

Charles Ogwo Jul 28, 2022

The Nigeria Innovation Summit (NIS) has announced its seventh edition of the annual event, where stakeholders across sectors of the...

Companies

Providus Bank retains “A-” rating with stable outlook

Folake Balogun Jul 28, 2022

DataPro, a technology-driven credit rating agency has affirmed Providus Bank Plc long-term rating of “A-” with a stable outlook for...

Companies

Fidelity unveils Apprenticeship Support Initiative for women

Folake Balogun Jul 28, 2022

Fidelity Bank Plc has launched an Apprenticeship Support Initiative as part of its strategy to encourage women-led small and medium-scale...

Companies

Presco shareholders get N7.5bn final dividend

Iheanyi Nwachukwu Jul 27, 2022

Shareholders of Presco Plc on Wednesday July 27 approved payment of 660kobo per share final dividend amounting to N6.6billion for...