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Tuesday, May 14, 2024
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Companies

Transcorp Hotels Joins Trillion Naira Market Cap Club

As the monster rally that started in June 2023 spilled into this year, Transcorp Hotels Plc has joined the N1 trillion market capitalisation club. The...

Access Holdings Acquires Megatech Insurance Brokers Ltd

Access Holdings Plc says it has obtained all required regulatory approvals for the acquisition of Megatech Insurance Brokers Ltd, an insurance brokerage company licensed...

AIICO, Lasaco, Mansard, are Top Insurance Stocks for 2024 – Meristem

Aiico Insurance Plc, Lasaco Assurance Plc, and AXA Mansard Insurance Plc are Meristem Securities Limited top insurance stocks for 2024 as these firms have...

Cadbury to Swap Dollar Loans From Parent Firm to Equity

Cadbury Nigeria Plc plans to convert foreign-currency loans from parent Cadbury Schweppes Overseas Ltd. into equity to cut higher financing costs caused by the...

Erisco Female Customer Rearrested After Siege to Home, Lawyer Claims

Erisco female customer who gave a review on the tomato paste brand has been rearrested despite court orders. The Erisco customer, Mrs. Chioma Edoka Okoli...

Insurers Profit Surges 124.50 percent on Higher Investment Income

There indicators shareholders will be paid a higher dividend as rising interest rates that underpinned investment income and foreign exchange gains due to devaluation...

Access Bank Acquires Atlas Mara Zambia With Aim to be Top-3

Access Bank Zambia, a subsidiary of Access Bank Plc has completed the acquisition of African Banking Corporation Zambia Limited, trading as Atlas Mara Zambia. With...

Dangote Refinery Set for Production, Receives 6th Batch of 1m Crude Oil Barrels

Dangote Refinery appears set to commence production of refined petroleum products with the receipt of the sixth batch of barrels of crude supplied by...

Samsung Profit Slides 35% on Chip Weakness

Samsung Electronics Co. posted its sixth straight quarter of declining operating profit, reflecting stubbornly weak demand for consumer electronics globally. Korea’s largest company reported a 35%...

UBA Surpasses N1tn Market Capitalisation Amidst Impressive Financials

Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Monday joined the elite group of companies with market capitalisation of over N1tn just...

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