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CATEGORY

Companies

FCMB on Growth Path as Profit Hits Seven Year High

First City Monument Bank or FCMB Group Plc is on the path of growth overcoming two economic recession as the lender’s profit hit a...

Heritage Bank on Hook for $2.16 million as Japaul Defaults on Gold Contract

This is not the best of times for Japaul Gold and Ventures Plc, a company that is routinely flirting with bankruptcy or Heritage Bank...

Abumet Upscales to Higher Quality Standards, Receives ISO 9001

Nigeria’s leading aluminium and glass service provider and a member of the Julius Berger Plc Group, Abumet, has been presented with the ISO 9001: 2015...

Access Bank’s Profit Rises on N85.28bn FX Gains

Access Bank Nigeria Plc, the largest lender by total assets in Africa’s most populous nation, has recorded an increase in profit, thanks to foreign...

UBA Posts 18% Growth In Earnings As Profit Hits N44.5bn

Africa’s global bank, United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2022, recording impressive...

Nestlé Partners Wavecrest College of Hospitality to Equip Young Chefs and Hospitality Professionals

Nestlé Professional Nigeria is collaborating with Wavecrest College of Hospitality in Lagos to help nurture upcoming chefs and hospitality professionals. The collaboration will offer the...

Fidelity To Allow Bitcoin Investments In Retirement Plans

Investment giant Fidelity will reportedly enable its 23,000 business clients to offer Bitcoin accounts for their workers’ 401(k)s later this year. Fidelity Investments plans to...

Adani Lines up Financing, Frontrunner for Holcim India’s Assets Worth $10 billion

The Adani Group has finalised its financing for $10 billion acquisition of Holcim’s India assets -- ACC and Ambuja -- making them a frontrunner...

Dangote Cement Creates More Value for Shareholders than Global/Emerging Market Peers

Dangote Cement, the largest producer of the building material in Nigeria is not a local champion as it has delivered values for shareholders more...

Elon Musk Buys Twitter For Almost $44bn

Elon Musk clinched a deal to buy Twitter Inc (TWTR.N) for $44 billion cash on Monday in a transaction that will shift control of the...

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