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Companies
Strategic Capital Acquires 100 Equity in Polaris Bank – CBN
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Strategic Capital Investment Limited (SCIL) has completed the acquisition of Polaris Bank Limited on an upfront payment of N50 billion to acquire 100 per...
Fidelity Bank Redeems $400 million Eurobonds Issued in October 2017
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Fidelity Bank has informed its shareholders that it has redeemed its $400 million 5-year Eurobonds due 17th October 2022.
The Notes were issued on 17th...
ARM Pensions’ Return on Funds Exceeds Industry Average, Posts N3.63 bn profit
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ARM Pensions Limited has continued to make a huge mark in terms of returns on the funds under its management, particularly Retirement Savings Account...
Dangote: Priority Investments in Infrastructure, Core Industries will Boost Nigeria’s Economy
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...Says a ‘newly industrialized Nigeria within 10 years is possible
Business magnate and President of Dangote Group, Aliko Dangote has identified priority investments in infrastructure...
Lafarge Fined $777 million, Pleads Guilty to Paying ISIS as Terror Group Killed Westerners
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Lafarge SA pleaded guilty and agreed to pay $777.8 million Tuesday to resolve a U.S. federal criminal charge related to the French company's payments...
PZ Cussons’ Profit Surges on Property Sale
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PZ Cussons Nigeria Plc has reported a surge in full-year profit boosted by the sale of property as the soap maker battled scarcity of...
Geregu Power Delivers Value to Shareholders as Profit Surges
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Investors who have not bought the shares of Geregu Power Plc are inadvertently shooting themselves in the foot as the company has the financial...
Dr. Sirajo Assumes Duty Today as Jaiz Bank MD
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Dr. Sirajo Salisu, today, assumed duty as Managing Director/Chief Executive of Jaiz Bank Plc. He takes over from Hassan Usman whose tenure ended after...
United Capital Sustains Growth in Q3 as PBT Rises 29%
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United Capital Plc, has announced its Unaudited Financial Results for the period ended September 30, 2022, showing Gross Earnings grew by 28% year-on-year to...
Reactions Trail Polaris Bank’s Alleged Mail Against Friday Prayers
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One of Nigeria’s commercial banks, Polaris Bank, has come under criticism, particularly on the micro-blogging site, Twitter, after one of the bank’s senior managers reportedly...