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Companies
Vice President Yemi Osinbajo Commissions Transcorp’s Afam 240MW Three Fast Power Turbines
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The Vice President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo on Tuesday commissioned Transafam Power - a subsidiary of Transnational Corporation Plc’s...
President-Elect Tinubu Commissions Governor Wike’s 12th Flyover, Rumuokwuta/Rumuola Bridge in Port Harcourt
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On Wednesday, May 3, 2023, President-elect Asiwaju Bola Ahmed Tinubu, as Special Guest of Honour of the Rivers State Governor, commissioned the Rumuokwuta/Rumuola Flyover...
NSIA Group Acquires Four Insurance Subsidiaries of SANLAM Group
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NSIA Group, the parent body of NSIA Insurance Limited Nigeria, has made good its desire to strengthen its position in West Africa through the...
African Alliance Insurance is Technically Insolvent
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Beleaguered African Alliance Insurance Plc cash flow is not sufficient to meet its long term liabilities, raising concerns about the going concern status of...
Julius Berger Kicks Off Scholarship Scheme For Female Engineering Undergraduates
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In furtherance of its proactive and development-oriented CSR policy, engineering construction leader, Julius Berger Nigeria Plc has kicked off an initiative to develop the capacities of...
Zenith Bank Fetes Shareholders With Unprecedented Dividend Payout of N100.47 billion
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At the 32nd Annual General Meeting (AGM) of Zenith Bank Plc, held virtually from the Civic Centre, Victoria Island, Lagos, on Tuesday, 2 May...
AIICO Reports 24.6% Growth in IFRS 17 Revenue to N14.8 billion in Q1 2023
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...premiums written grows 28.7% to N31.7 billion
AIICO Insurance Plc, has announced its unaudited results for the interim period ended 31 March 2023, showing growth...
Lafarge Africa Profit Slips on Pioneer Tax Relief Expiration
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Lafarge Africa has seen a 14.9% contraction in its Net Income for the first quarter (Q1) of 2023 due to higher tax expense, compared...
Heirs Insurance Announces Senior Leadership Appointments and Corporate Name Change
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Heirs Insurance companies – Heirs General Insurance Limited (formerly Heirs Insurance Limited), and Heirs Life Assurance (HLA) - have announced appointments to their senior...
Fidelity Bank’s Strong Return on Equity Makes it a Solid Investment
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A few months ago, the global banking sector was in turmoil following the collapse of Silicon Valley Bank and Signature Bank in the United...