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Become a key distribution partner with Nigeria’s dairy leader

Companies

International Energy Insurance settles ¥1.85 billion loan through Norrenberger

Appointments

Access Holdings appoints Innocent Ike as new GMD/CEO as Aig-Imoukhuede consolidates control

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Company News

All the latest Nigerian company news, market intelligence and analysis

Ecobank’s unaudited 9 months’ financial report shows 4% profit growth

by Emmanuel Abara Benson

October 28, 2019

Stanbic 9M 2019 results showed a 4% y/y growth in Gross Earnings to N176.2 billion (annualised; N234.9 billion).

Stanbic IBTC Holdings Plc, Quick take: Stanbic's decent performance, Stanbic FY 2019: Modest earnings despite frail Q4 performance, Stanbic IBTC reports slight 0.8% growth in profit after tax for FY 2019

Company News

Quick take: Stanbic IBTC’s decent performance

by CSL Stockbrokers

October 28, 2019

Stanbic 9M 2019 results showed a 4% y/y growth in Gross Earnings to N176.2 billion (annualised; N234.9 billion).

Appointments

RT Briscoe Nigeria Plc appoints new Executive Director, CFO

by Joseph Olaoluwa

October 27, 2019

The Board and Management of R.T. Briscoe Nigeria Plc have announced the appointment of Olorunfemi A. Eguaikhide and Jubril Adetokunbo...

Nigerian company to launch water-powered generators

by Chidinma Nwagbara

October 27, 2019

Buserve Limited, an energy company has disclosed plans to unveil its water-powered generators which will help in cutting down electricity...

Access Bank and Union Bank, Securities and Exchange Commission Nigeria, SEC might nullify Access Bank and Diamond Bank merger, Access Bank and Diamond Bank, Access Bank to acquire Kenyan bank seven months after merger with Diamond Bank

Access Bank to acquire Kenyan bank seven months after merger with Diamond Bank

by Fakoyejo Olalekan

October 26, 2019

Access Bank is set to acquire another bank, but this time, in Kenya. This move expands the Nigerian lender’s footprint...

Blue BRT Takeover: How Primero is transforming Nigeria’s transportation system, COVID-19

BRT operator, Primero lists N16.5 billion bond on the NSE

by Nairametrics

October 26, 2019

The Nigerian Stock Exchange has approved the Listing of Primero BRT Securitization SPV Plc’s N16,500,000,000 Series 1, 17% Fixed Rate Bonds...

Nigerians react as itel hit back at Twitter user for mocking its phones

Nigerians react as itel hits Twitter user for mocking its phones

by Fakoyejo Olalekan

itel Nigeria threw caution to the wind when a Twitter user criticised its phone.

Access Bank, Scam Alert: Access Bank issues warning to customers over fraudulent acts , Director, West Africa region, IE, Onyekachi Eke, Access Bank lists N30 billion bonds on NSE , Access Bank, Zenith Bank Plc, Access Bank Plc and United Bank for Africa Plc, Zenith Bank Plc, Access Bank Plc and United Bank for Africa Plc, A new BVN guideline to curb e-fraud is coming soon - CBN announces , Access Bank donates 66 laptops to children in underserved communities, Access Bank postpones closed period for 2019 Year-End financial statement, Access Bank dispels rumour about its CEO being arrested, Access Bank set to establish subsidiary in Cameroon after acquiring Kenyan bank, Access Bank finally acquires Kenyan bank, Transnational Bank Plc, Herbert Wigwe: We are clamping down on malaria with the Malaria-To-Zero Initiative, Access Bank to list N15 billion green bond on Luxembourg Stock Exchange

Merger paying off as Access Bank reports massive rise in profits

by Joseph Olaoluwa

Access Bank Plc has released its unaudited financial statements for the period ended September 30, 2019.

Airtel’s profit after tax increases by 11.9% in H1 2019

by Emmanuel Abara Benson

Airtel Africa has released its half-year 2019 financial statements which show impressive performance by the company.

Appointments

Fidelity Bank announces retirement of Deputy Managing Director, appoints new Executive Director

by Joseph Olaoluwa