CATEGORY: COMPANIES


Dangote Flour Mills Introduces a New Product – “Ecccellente”

Nairametrics| Dangote Flour Mills has re-branded its pasta products with new packaging and a new formula to improve its...


UAC’s Subsidaries Need More Than Fresh Funds

Nairametrics| UAC, one of Nigeria’s oldest conglomerates has two of its subsidiaries looking to raise a total of N6 billion....


Alert: Cadbury Nigeria Reports 86% Drop in Profit (2017 Q1)

Cadbury today released Unaudited Financial Statements for the three months period ended 31 March 2017.   Revenue N’million Q1...


Why Stanbic IBTC Is Going Into Insurance Brokerage

Nairametrics| At a press briefing held in Lagos, newly established member of the Stanbic IBTC Group, stated it intentions...


Alert: Transcorp Reports 24% Growth in Profit (2017 Q1)

Transcorp Nigeria today released Unaudited Financial Statements for the three months period ended 31 March 2017.   Revenue N’million...


Highest Paid CEO’s In Nigerian Banks – 2016

Here is a list of the highest paid CEOs of Nigerian Banks. Chief Executive Officer GTBank, the most profitable...


ALERT: Diamond Bank Reports 38% Drop In Profit (2016 FY)

Diamond Bank today released audited results for the financial year ended 31 December 2016.   Gross Earnings N’million FY...


Alert: CAP Plc Post N390 Million Profit (2017 Q1)

CAP Plc  today released Financial Statements for the three months period ended 31 March 2017.   Gross Earning N’million...


Alert: Stanbic IBTC Post 106% Growth in Profits (2017 Q1)

Stanbic IBTC  today released unaudited Consolidated Interim Financial Statements for the three months period ended 31 March 2017.  ...


Alert: Lafarge Africa Reports N5 billion Profit (2017 3Month)

Larfarge Africa today released unaudited Financial Statements for the three months period ended 31 March 2017.   Revenue N’million...


Explaining Presco’s Unbelievable “Biological”Profits

Nairametrics| One of Nigeria’s leading palm oil producer, Presco Oil, released its 2016 full year results last week. The...


ALERT: Nigerian Breweries Posts N11 billion Profit (2017 3Months)

Nigerian Breweries today released condensed interim Financial Statements for the three months period ended 31 March 2017.   Revenue...


Crony Capitalism: Is Erisco Foods Overly Dependent On Government?

Nairametrics| The ban on import of tomato paste and increase in tariff for tomato concentrate has started yielding positive...


Why MTN Nigeria Recharge Card Sellers Jacked Prices Up

Nairametrics| The last two years have been difficult for MTN Nigeria. From the N1.04 trillion (later reduced to N330 billion)...


Analysis: About Unilever’s Plan To Sell Its “Spreads” Business

Nairametrics| Unilever Group, the parent company of Unilever Nigeria Plc, announced that it will be divesting from its spreads...


Sale of Dangote Noodles: Will History Repeat Itself ?

Nairametrics|Dangote Flour Mills on Tuesday, announced that it has exited its noodles business and has sold the assets of...


ALERT: United Capital Reports 3% Increase in Profit (2017 Q1)

United Capital today released unaudited results for the three months ended 31 March 2017.   Gross Earnings N’million Q1...


Total Nigeria Plc – Whistle Blowing On A Solid First Quarter

ARM| In keeping with the rave in town, we beam our equity strategy searchlight on a leading Oil Marketing...


ALERT: Unilever Post 54% Growth In Profit (2017 3Months)

Unilever today released unaudited results for the three months ended 31 March 2017.   Revenue N’million Q1 2017| N22,172...


Alert: Presco Plc Post 772% Growth In Profits (2016 FY Result)

Presco Plc today released audited results for the financial year ended 31 December 2016 Revenue N’000 FY 2016| N15,716,198 FY...