CATEGORY: COMPANIES

Insurance Firms Need To Move With The Times

Nairametrics| AIICO Insurance plc, one of the foremost insurance companies in the country announced that it is currently investigating fraud...


Alert: Cement Company of Northern Nigeria Reports N1.3 billion Profit (2016 FY)

Cement Company Of Northern Nigeria today released audited results for the financial year ended 31 December 2016.   Revenue...


Why The Odds Are Against The New Owners Of Keystone Bank

Nairametrics| Keystone Bank’s new owners Sigma Gulf-Riverbank consortium at the weekend took over the bank from the Asset Management...



Alert: Champion Breweries Reports N530 Million Profit (2016 FY)

Champion Breweries today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016|...


Alert: PZ Cussons Reports 3% Drop In Profits (9 Months 2017)

PZ Cussons unaudited results for the 9 months period ended 28 February 2017.   Revenue N’million 2016/17| N57,150 2015/16|...


Alert: UBA Reports N72 billion Profit (2016 FY)

UBA Plc today released audited results for the financial year ended 31 December 2016.   Net Interest Income N’million...


Alert: MRS Oil Reports N1.5 billion Profit (2016 FY)

MRS Oil Nigeria today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY...


CBN Admits Banks Need Help

I do not like to sound alarmist but some Nigerian banks are particularly not in a state of good...


Alert: Unilever Nigeria More Than Doubles Profit (2016 FY)

Unilever Nigeria today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016|...


Quick Run Down Of Fitch Diagnosis Of Nigerian Banks

Fitch Ratings issued its latest comments on the Nigerian Banking sector on Wednesday spooking investors about the relative health...



Lafarge Wapco Pays Dividends “On Tax Credits” 

Nairametrics| Shareholders of Lafarge Wapco Plc. have cause to smile as the company declared a dividend of N1.05 per share...


Why Sterling Bank Is Flirting With Exporters

Nairametrics|Tier two lender, Sterling Bank has entered into a partnership with the Nigerian Export Promotion Council (NEPC). The partnership...


The Many Problems Of RT Briscoe

Nairametrics| KPMG, auditors to RT Briscoe Plc highlighted, in a recent report, their worries about the going-concern status of...


Humble Pie For Jim As Zenith Bank Withdraws Planned N100 Billion Capital Raise

Nairametrics| Zenith Bank shareholders have concluded their AGM approving dividend payment of N1.77 per share. They also approved the...


Alert: Stanbic IBTC Reports N28.5 billion Profit (2016 FY)

Stanbic IBTC today released audited results for the financial year ended 31 December 2016.   Net Interest Income N’million...


Cadbury, Time For Change In Strategy And Management

Nairametrics|Cadbury Nigeria Plc,  released its audited Financial Statements for the year ended December 2016. An old rule of thumb...


Alert: Lafarge Africa Reports 38% Drop In Profit (2016 FY)

Lafarge today released audited results for the financial year ended 31 December 2016.   Revenue N’million FY 2016| N219,714...


Why Swiss Pharma Divested From Nigerian Operations

Nairametrics| Swiss Pharma, today announced that it has divested 95% of its stake in its Nigerian operations to a...