CATEGORY: COMPANIES


Funke Opeke talks profits, expansion plans and what she looks our for when hiring at MainOne

In an exclusive interview with Nairametrics, MD of MainOne cable systems, Ms Funke Opeke discussed the past present and...





Government’s new tobacco laws could be ‘bad’ for business

Health minister Isaac Adewole said that the government would begin enforcement of parts of the National Tobacco Control Act...



MTN’s proposed acquisition of Multichoice Africa is deal and a half

Even though both parties are yet to issue a formal statement, sources close to South Africa based MTN communications...


Diamond Bank announce resignation and retirement of Non-Executive Directors

The Board of Diamond Bank has announced the resignation of Ms Genevieve Sangudi as a Non-Executive Director of the...



Is Dangote Cement right in making donations to NASS and FRCN ?

Dangote cement is one of the biggest companies on the Nigerian Stock Exchange (NSE) with a market capitalization of...


Dangote cement contributes over N1 billion to the Benue State economy annually

While launching a set of tricycles donated to various communities in Benue state, Aliko Dangote gave a break -down...


Wapic Insurance to raise N10 billion in fresh capital

Share holders of Wapic insurance at its Annual General Meeting (AGM) gave management approval to raise up to N10...


AMCON made a N254 billion loss in 2016

MD of the bad bank Mohammed Kuru said the possibilities of an AMCON II were unlikely. Kuru was of...



CI Leasing to convert $12.9 million loan from Abraaj to equity – Key lessons

CI leasing Plc has gotten approval from its shareholders to convert part of a $12.9 million Abraaj loan to...



Arik debts may be more than N375 billion

Auditors to Arik air, have discovered that the company’s debt may be more than the previously stated figure of...


Article version of company news thread for the week ended May 27 2017 by @Ugodre

This is Nairametrics roundup of all the major company news from Nigeria as reported by Nigerian Newspapers and other...


Here’s where foreign investors put their money into in the first quarter of 2017

The National Bureau of Statistics last week released its 2017 first quarter capital importation report revealing Nigeria attracted just...


Amazing video of Diamond Bank staff celebrating children’s day

Here is an incredible video of Diamond Bank staff Mbaise branch celebrating Children’s day. We sure love this at...


Some grey areas in CSCS 2016 annual report.

CSCS plc, the clearing house of the Nigerian capital market recently released its annual report for the financial year...


Etisalat’s loss of 2.9 million customers could cost it almost N7 billion

Nairametrics| Two successive quarterly reports by the Nigerian Communications Commission (NCC) revealed that Etisalat Nigeria lost 2.9 million subscribers in...


Why Dangote wants the Peugeot Assembly plant.

Aliko Dangote, may be expanding his empire into car assembly, if the Central Bank of Nigeria (CBN) gives the...


Why Dangote’s potential acquisition of PAN is strategic

The Asset Management Company of Nigeria (AMCON) has announced that it is awaiting CBN’s approval to sell the Peugeot...


Airtel’s is upgrading its 4G network and here is why

Airtel, one of Nigeria’s top 3 GSM providers, has concluded arrangements to upgrade its network. Here‘s what we know...


Rand Merchant Bank initiates N80 billion CP programme

South African bank, Rand Merchant bank has listed an N80 billion commercial paper programme on the FMDQ platform. Commercial...


Turkish firm opens $100 million diaper and tissue paper factory in Ogun state

Turkey based fast-moving consumer goods producer, Hayat Kimya has opened a $100 million factory in Ogun state. The factory...


GE’s $2.2 billion railway business plan has been approved by the FG

Following the Federal Government’s approval of GE’s outline business case for the concessioning of the narrow gauge railway lines...


Why Valentine farms may not get a N2bn CBN loan

Valentine farms, one of the 13 Shongai farms may not be accessing a N2 billion loan from the Central...