Company News

FBN Holdings Plc has informed it's stakeholders and the general public about ongoing talks towards a planned divestments of its...

Coronation Merchant Bank records 14% growth in earnings for 2019 FY

Coronation Merchant Bank holds virtual AGM, appoints substantive MD

by NM Partners

Coronation Merchant Bank Limited held its 5th Annual General Meeting (AGM) on Tuesday, April 14, 2020.

Caverton Helicopters, Caverton appoints new CFO, as Mrs Titilola Adigun resigns

Caverton Helicopters Ltd explains incidents that led to shutdown of its Rivers’ offices

by Emmanuel Abara Benson

In the meantime, the company’s offices in Rivers State remain shut, even though the pilots have been freed on bail.

Custodian Investment Plc announces closed period ahead of Q1 result release

by Olumide Adesina

The closed period is expected to last until 24 hours after the release of the company’s Q1 unaudited financial statement.

Renault to commence only electric cars production for China as petrol car sales drop

Renault eyes electric cars for China, as demand for petrol cars drops

by Chidinma Nwagbara

French automaker, Groupe Renault has decided to produce only electric vehicles for its Chinese consumers. This

Slack founder takes a swipe at Microsoft, says Teams is not a threat

Microsoft is not a competitive threat to us – Slack CEO

by Fakoyejo Olalekan

The founder of Slack, Stewart Butterfield, has taken a swipe at Microsoft after Slack gained 2 million users in about two...

Seplat, stakeholders call for collaboration on Customer Protection Act, Court sanctions Seplat’s acquisition of Eland Oil and Gas , Seplat Petroleum Plc profits up $270 million, cost of production stands at $6 per barrel, Seplat Petroleum announces board meeting and closed period for Q1, 2020 unaudited financial result

Seplat Petroleum announces closed period for Q1 unaudited financial result

by Olumide Adesina

The company's directors have also been scheduled to meet in order to discuss Seplat's Q1 2020 financial results.

Zenith Bank: No major threat to earnings in the near term; Buy recommendation maintained

by CSL Stockbrokers

Zenith Bank’s FY 2019 audited numbers showed a decline in yield on Loans to customers and on money market instruments

54gene secures N50 m, 54gene Closes $25M Series B to Advance Global Drug Discovery Capabilitiesillion from Union Bank as Nigerian banks unleash CSR to fight Coronavirus, 54gene partners FCMB, others to donate mobile laboratories to Lagos and Ogun States, Dr. Abasi Ene-Obong

54gene raises $15 million to boost African genetic code, as venture capital hits $19.5 million

by Fakoyejo Olalekan

54gene has raised $15 million during a Series A round to intensify its collection of African genetic code which is used...

Union Bank issues series 3 and 4 Commercial Paper, set to raise N20 billion, Union Bank downsizes operations, as MBU Capital acquires Union Bank of UK, Shareholders report Union Bank to Attorney General’s Office over proposed share dealing, Union Bank releases FY 2019 financial result, records profit increase, Union Bank Nigeria Plc posts N15.9 billion profit in 9M 2020, up by 2%

Union Bank finally announces dividend of N0.25 after years of “dividend drought”

by Emmanuel Abara Benson