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CATEGORY

Companies

Nestle Nigeria Records Highest EBITDA Margin Among Peers

Nestle Nigeria earnings are stable even amid rising energy cost, supply chain disruption, red-hot inflation, and decrepit infrastructure as the company has the highest...

Appeal Court Orders MultiChoice to Sub-license Channels to Rival

The Appeal Court in Port Harcourt has ordered leading entertainment company, MultiChoice, to sub-license some channels to Metro-digital, pursuant to the Nigerian Broadcasting Commission’s...

Stakefair Disrupts Nigeria’s Gaming Industry, Raises $670,000 In Pre-Seed Funding

Stakefair, a Decentralized Finance (DeFi) company that is poised to disrupt the emerging Real-Money Gaming industry and is set for a full-scale roll-out and...

Twitter Sues Elon Musk to Enforce Original Merger Agreement

Twitter filed suit against Elon Musk in the Delaware Court of Chancery on Tuesday after the billionaire said he was terminating his $44 billion...

Infinity Trust Mortgage Bank’s Profit Surges 123.92%

Infinity Trust Mortgage Bank Plc has shown resilience and strength of its ambitious strategy as its profit surged even amid a challenging environment that...

Twitter Plans Legal Action to Enforce Musk Agreement

Twitter’s message to Elon Musk after his attempt to bail on his $44 billion agreement to buy the company: we’ll see you in court “The Twitter Board...

Auditors Have Concerns R.T Briscoe May go Bust

With consistent losses in the past eight years and series of court cases over huge indebtedness, the auditors of R.T Briscoe Plc say that...

Indebtedness: Fidelity Bank Takes Over Kano, Kaduna Benin, Electricity Distribution Companies

The Executive Chairman, Nigeria Electricity Regulation Commission, Sanusi Garba and his counterpart at the Bureau of Public Enterprises, Alex Okoh, have announced the take...

Nigerian Bank Partners Aussie hub to fund Education Loan

Ehizua Hub, an Australian education and creative technology hub, has sealed a deal with Sterling Bank Plc to bridge the financial gap in accessing...

AIICO Insurance Bounces Back from Pandemic Struggles with High Profit Margin

AIICO Insurance Plc has overcome the coronavirus crisis that disrupted business activities across the country as it recorded the highest profit margin in more...

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