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Tuesday, April 16, 2024
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CATEGORY

Companies

Citi Announces Head of Banking and Executive Vice Chair of Citi

Citi is pleased to announce that Viswas (“Vis”) Raghavan will join Citi as Head of Banking and Executive Vice Chair of Citi, reporting to...

MTN Subscribers Face Network Outage, Telco Blames Fibre Cuts

MTN telecommunications network is currently down as subscribers of the telecommunication service find it impossible to make or receive calls while others are not...

Two Binance Executives Arrested in Nigeria Following Website Block

The Financial Times has confirmed the arrest of two Binance executives in Nigeria this week. Both executives flew to Nigeria last week following a ban...

Seplat Joins the Billion-Dollar Revenue Club in Full Year 2023

Seplat Energy Plc recorded an 18.3% YoY growth in earnings to $123.9 million in Full Year 2023, owing to strong output growth, lower finance...

Julius Berger, Armed Forces Sign Memorandum of Understanding on Training of Personnel

Nigeria’s leading engineering construction company, Julius Berger Nigeria Plc, in its pioneering effort to bridge latent skills gap in the engineering industry, last week signed...

FCMB vs. Fidelity Bank Stock Comparison

Both FCMB Group and Fidelity Bank recorded double digit growth in earnings in 2023. FCMB is growing faster and provides an attractive valuation than...

Air Peace to Begin Lagos-London Flight to Gatwick March 30

Allen Onyema (Dr.), the Chairman and CEO of Air Peace Limited, unveiled the airline’s decision to commence Lagos-London flights from Gatwick Airport starting March...

Dimon Sells 822,000 Shares Of JPMorgan For The First Time As Stock Hits All-Time High

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family sold $150 million worth of the bank’s stock, following through on last...

Stanbic IBTC Holdings’ Capital Adequacy Declines on Foreign Exchange Devaluation

Stanbic IBTC Holdings Plc capital adequacy ratio (CAR) dropped to 13.90 percent in 2023 from 16.90 percent the previous year due to the current...

Cash Strapped Brewers Have Difficulty Paying Short Terms Bills

The unprofitability of brewers that resulted in negative operating cash flows indicates these companies are having a more difficult time paying their short-term bills...

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