Company News
All the latest Nigerian company news, market intelligence and analysis
Lafarge Africa approves N90 billion right issue
Lafarge Africa has approved a new right issue of up to N90 billion.
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FG is selling this Disco, two other power plants
NCP has received an approval to resale of YEDC.
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CBN mulls ‘quantitative easing’ as it considers buying commercial papers at single digits
The Central Bank of Nigeria concluded its Monetary Policy Meeting on Wednesday leaving Monetary Policy Rates at 14% for the...
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Great Nigeria Insurance Plc gives reasons for delisting
GNI Plc has attributed its planned delisting from the NSE to the inability of the majority core investors.
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Sterling Bank apologises, takes down tweet after CBN’s accusation of “demarketing”
Sterling Bank on Tuesday apologised for a subtle banter tweet it posted via its Twitter handle on Friday. In a...
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Helicopter contracts pays off as Caverton post 65% rise in profits.
Caverton Offshore Support on Tuesday reported a blistering 65% rise in pre-tax profits for the half-year ended June 2018. The company...
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Konga set to re-launch pay on delivery in August
Konga, Nigeria’s leading e-commerce giant is set to relaunch Pay On Delivery.
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Andela launches Pan-African technology hub in Kigali for software developers across the continent
Andela, the company building high-performing engineering teams with Africa’s most talented software developers, today announces the launch of a pan-African...
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8.25% US$300,000,000 FBN finance company BV subordinated callable note due 2020
FirstBank, the largest subsidiary of FBN Holdings Plc exercised its option to redeem the fixed rate subordinated Note.
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