Company News
All the latest Nigerian company news, market intelligence and analysis
Dangote Sugar picks Etim Bassey as Acting CFO
The management of Dangote Sugar Refinery has announced the appointment of Mr. Etim Bassey as its Acting Chief Finance Officer....
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Why Nigeria’s largest power station has shut down
The sorry state of the Nation’s power sector was once again brought to fore as the country was thrown into...
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This is how much Indomie makers have raised
Dufil Prima, makers of Indomie has raised a total of N10 billion in the first series of its N40 billion...
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Reasons Wema Bank will be holding an EGM in October
In a press release issued today, Wema Bank Plc has announced it will hold an Extra Ordinary General Meeting (EGM)...
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Fidelity Bank restructures its dollar debt
Fidelity Bank Plc in a notice sent to the Nigerian Stock Exchange yesterday, announced its intention to launch up to...
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First Bank increases stake in DRC unit
First Bank of Nigeria Plc (FBN)has announced the acquisition of the remaining shares of its Congo subsidiary. The bank had...
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SEC goes after another stockbroking firm
The Securities and Exchange Commission (SEC) which is the apex regulator in the Nigerian capital market appears to have doubled...
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Consolidated Hallmark Insurance announce rights issue
Consolidated Hallmark Insurance Plc has announced a rights issue of 1,000,000,000 ordinary shares of 50 Kobo each at the offer price...
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Neimeth Pharmaceuticals announces change of its Managing Director
The management of Neimeth International Pharmaceuticals has informed the Nigerian Stock Exchange of a change in its management. The company’s...
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Coca-Cola plans to invest $600 million in Nigeria over the next few years in these areas
Beverage company Coca-Cola has unveiled plans to invest $600 million in Nigeria, over the next few years. Peter Njonjo. President...
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