Company News
All the latest Nigerian company news, market intelligence and analysis
Heineken suspends interest on loans as Nigerian Breweries focuses on right issue
Nigerian Breweries PLC, in its ongoing financial restructuring, has received a crucial lifeline from its parent company, Heineken, which has...
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Inflation: UAC increased prices of products by 75% to 100% to protect margins – Fola Aiyesimoju
The Group Managing Director of United African Company (UAC), Fola Aiyesimoju has stated that the company has had to increase...
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Greif Nigeria Plc advances delisting from NGX, enters final phase of liquidation
Greif Nigeria PLC, a manufacturer and marketer of steel drums, is set to enter the third and final phase of...
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House of Reps orders GTBank to remit VAT on Remita commission from 2015-2022
The House of Representatives has ordered Guaranty Trust Bank (GTB) to calculate and remit Value Added Tax (VAT) on the...
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FCMB completes first phase of capital raise as NGX Invest platform enables 40,000 investors
FCMB Group Plc has praised CBN, SEC, and the NGX for their key support in completing the first phase of...
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UBA Group announces Board changes, appoints Mr. Chukwuma Nweke as Deputy Managing Director
The United Bank for Africa (UBA) Plc has announced changes to its Board of Directors with the appointment of Mr....
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First Bank of Nigeria halts misconceptions, Clarifies sale of FBNQuest merchant bank
First Bank of Nigeria has clarified that its recent announcement regarding the sale of its 100% equity stake applies solely...
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Zenith Bank extends Rights Issue and Public Offer to September 23, blames August nationwide protests
Zenith Bank Plc has extended the deadline for its ongoing Rights Issue and Public Offer by two weeks.
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Stanbic IBTC to pay interim dividend worth N25.9 billion to shareholders –What you need to know
Stanbic IBTC Holdings has announced an interim dividend of N2.00 per ordinary share of 50 kobo each, worth N25.9 billion,...
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FBN Holdings Plc sells 100% stake in FBNQuest Merchant Bank to EverQuest
FBN Holdings Plc has announced the sale of its 100% equity stake in its wholly-owned subsidiary, FBNQuest Merchant Bank Limited...
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