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CATEGORY

Companies

Jumia Appoints Lere Awokoya New Chief Marketing Officer

Jumia, the leading e-commerce platform in Africa, has appointed Lere Awokoya as its new Chief Marketing Officer in Nigeria. In his new role, Lere...

Nestle Nigeria pays N388.15bn Dividend in 10 Years

Nestle Nigeria Plc, the six most capitalised firms in the country, has been consistently paying dividends to its shareholders even amid macroeconomic headwinds, which...

Adidas to Start Selling Yeezy Shoes at the End of May

Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company...

Amazon Plans To Invest $13bn in India

Amazon Web Services, the cloud computing division of Amazon Inc, said on Thursday it plans to invest $13 billion in India by 2030, doubling...

Deutsche Bank Rocked By $75m Lawsuit

Deutsche Bank has agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey...

GTCO Outperforms Peers With Highest Return on Equity

Guaranty Trust Holding Company (GTCO) Plc regained the top spot in the banking industry as the lender has the highest return on equity, turning...

Airtel Africa Profit Rises as Customer Base Hits 140 million

Airtel Africa Plc has maintained a strong profit margin which reflects the resilience of its operating model despite inflationary cost pressures as the telecommunication...

Consolidated Hallmark Achieves 97.33% Combined Ratio Despite Unfavorable Underwriting Environment

Consolidated Hallmark Insurance Plc has recorded a combined ratio of roughly 97.33 percent for the first quarter of 2023, despite rising inflation, currency volatility,...

NEM Insurance Reports Highest Q1 Gross Premiums Written

Nem Insurance Plc has announced a 56.77 percent rise in gross premiums written (GPW) for the first quarter of 2023 to N19.91 billion from...

TotalEnergies’ Attractive Shareholder Returns Validates Improved Cash Flow Generation

Total Energies Plc has consistently paid dividend since 2006, with a payout of 79 percent in the past seventeen years validating improved earnings and...

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