Companies

Companies

Prospectors detect hidden gems for Nigerian private equity

BusinessDay Nov 27, 2015

Sub-Saharan Africa’s trove of precious metals and gems once funded the expansion of colonial empires. Over the past two decades,...

Companies

Huawei power summit shows smart grid enhances energy efficiency

BusinessDay Nov 27, 2015

Huawei hosted the Power Industry Summit in West African Power Industry Convention (WAPIC) 2015 themed “Better Connected Smart Grid, Greater...

Companies

Standard Chartered Bank joint photo exhibition project to be seen by Commonwealth

BusinessDay Nov 27, 2015

As Commonwealth Heads of Government convene in Malta this weekend, they will be presented with images from landmark photography exhibition...

Companies

South Africa skirts recession but remains in doldrums

BusinessDay Nov 27, 2015

South Africa narrowly escaped a recession with 0.7 percent growth in the third quarter but a leading indicator shows there...

Companies

WAMCO to increase consumers' options of quality diary products

BusinessDay Nov 27, 2015

In a bid to increase consumers’ options of quality diary products,  FrieslandCampina WAMCO Nigeria PLC, dairy company and milk manufacturer in Nigeria, has...

Companies

Consolidated Hallmark net income up 120 percent on low combined ratios

BusinessDay Nov 26, 2015

Consolidated Hallmark Insurance (CHI) Plc is on a growth trajectory as the company’s low combined ratios in the third quarter...

Companies

Investments in IT at Airports surge as experts expect budgets to hit $8.7bn in 2015

BusinessDay Nov 26, 2015

The rate of investment in Information Technology (IT) at airports around the world is rising – the latest figures from...

Companies

London firm introduces zero fee money transfers to Nigeria

BusinessDay Nov 26, 2015

Azimo, the digital money transfer service, based in London has introduced direct payment to any bank account in Nigeria with...

Companies

‘Nigerian aviation problem is not about having a national carrier or not’

BusinessDay Nov 26, 2015

Ado Sanusi, the Deputy Managing Director, Arik Air has said that the problem of aviation in Nigeria is not whether...

Companies

Pfizer, Allergan to merge in $160bn deal

BusinessDay Nov 25, 2015

PFIZER, the maker of Viagra and Lipitor, has struck a deal to buy Botox-maker Allergan in a transaction valued at...

Companies

IEI Anchor Pension Mangers pays out N709.8 billion to retirees

BusinessDay Nov 25, 2015

IEI Anchor Pension Managers Limited has paid out N709.78 billion to retirees under its management in the financial year ended...

Companies

Custodian Life Assurance gets A-Rating by GCR agency

BusinessDay Nov 25, 2015

Custodian Life Assurance Limited CLA has been assigned an A- Rating by Global Credit Rating Co, the world’s leading emerging...

Companies

Nigerian import curbs hit SA groups

BusinessDay Nov 25, 2015

Sales at Mr Price’s Nigerian stores have slowed after the country’s central bank imposed foreign exchange restrictions to stem the...

Companies

Association calls on government to curb fraud in Nigeria

BusinessDay Nov 25, 2015

The Association of Certified Fraud Examiners Lagos Chapter has called on the government to implement carefully designed policies and operational...

Companies

UNIDO, NB seek sustainable protection for water resources

BusinessDay Nov 25, 2015

  United Nations Industrial Development Organisation (UNIDO) and Nigerian Breweries (NB) are making collaborative efforts aimed at sustainably protecting water...