CATEGORY: COMPANIES

Consumer Watch: Peugeot Unveils Its latest Sudan 301 Into Nigerian Auto market

Consumer Watch: Peugeot Unveils Its latest Sudan 301 Into Nigerian Auto market

Nigerian auto market has received a boost with Peugeot unveiling its latest sedan, 301...


Japaul Plans To Acquire Six Vessels That Will Earn $150,000 Per Day

Japaul Plans To Acquire Six Vessels That Will Earn $150,000 Per Day

  Japaul Oil & Maritime Services Plc will acquire six more vessels between now...


Chevron Nigeria Ltd Spends N480billion Yearly For Its  Nigerian Operations

Chevron Nigeria Ltd Spends N480billion Yearly For Its Nigerian Operations

  CHEVRON Nigeria Limited spends more than $3 billion (N480 billion) yearly in its...


NSE Introduces $10,000 & N1.2million Charge For Resdistributing Real-Time Data

NSE Introduces $10,000 & N1.2million Charge For Resdistributing Real-Time Data

  The Nigerian Stock Exchange (NSE) has said it acquired $10 million (about 1.5...


Investor’s Watch: Fitch Ratings Affirm 8 Nigerian Banks

Investor’s Watch: Fitch Ratings Affirm 8 Nigerian Banks

  Fitch Ratings yesterday affirmed the Long-term Issuer Default Ratings (IDR) of Zenith Bank...


List Of 13 Nigerian Banks In Top 1000 Global Ranking

List Of 13 Nigerian Banks In Top 1000 Global Ranking

Thirteen Nigerian banks emerged in this year’s edition of the “Top 1000 World Banks’...



Consumer Watch: Konga Opens Pick-Up Centres In Lagos

Consumer Watch: Konga Opens Pick-Up Centres In Lagos

  Indigenous online mall, Konga.com, has opened three pick-up centres across Lagos for its...


AGM Watch: Trustfund Pensions Plc Posts N788.5Million Profit After Tax

AGM Watch: Trustfund Pensions Plc Posts N788.5Million Profit After Tax

The management of Trustfund Pensions Plc has announced the sum of N788.5m as the...


Why We Are Raising Fresh Capital – Sterling Bank

Why We Are Raising Fresh Capital – Sterling Bank

The Managing Director of Sterling Bank, Yemi Adeola, has unveiled plans to use N12.5...


Honeywell Flourmills Plc Plans To Relocate To Ogun State; Blames Apapa Traffic For Move

Honeywell Flourmills Plc Plans To Relocate To Ogun State; Blames Apapa Traffic For Move

  THE inclement operational environment in Apapa, Lagos business district, currently being accentuated by...


Oando Plc To Pay N5.1billion Dividend After Suspending Dividend In 2011

Oando Plc To Pay N5.1billion Dividend After Suspending Dividend In 2011

  Shareholders of Oando Plc, Nigeria’s leading indigenous integrated energy group will receive a...


Again, FBN Life Introduces Another Life Assurance Product. This Time Its N20 Per Day Premium

Again, FBN Life Introduces Another Life Assurance Product. This Time Its N20 Per Day Premium

FBN Life Assurance Limited has introduced into the market a life assurance product called...


Cock And Bull Story?? Why We Made Lower Profit -Japaul

Cock And Bull Story?? Why We Made Lower Profit -Japaul

Chairman, Japaul Oil & Maritime Services Plc, Major General Omosebi (rtd), has explained that...


AGM Watch: R.T. Briscoe’s Real Estate Firm Records N101Million Profit For 2012 Financial Year

AGM Watch: R.T. Briscoe’s Real Estate Firm Records N101Million Profit For 2012 Financial Year

  R.T. Briscoe’s investment in the real estate business has begun to yield increased...


Rainoil Limited Acquires 35,000 Tons Vessels To Boost Petroleum Products

Rainoil Limited Acquires 35,000 Tons Vessels To Boost Petroleum Products

Rainoil Limited, an indigenous petroleum products marketing company has inaugurated its two newly acquired...


AGM Watch: Legacy Pension Declares 88kobo Per Share Dividend For Shareholders

AGM Watch: Legacy Pension Declares 88kobo Per Share Dividend For Shareholders

  Legacy Pension Managers yesterday declared a dividend of 88 kobo per share for...


Chams Plc Grows Profit By 107% For 2012 Financial Year

Chams Plc Grows Profit By 107% For 2012 Financial Year

Restructuring programme announced by Chams Plc in 2011 may have started yielding positive results....


National Housing Fund Contribution Hits N22Billion -FMBN

National Housing Fund Contribution Hits N22Billion -FMBN

Contributions to the National Housing Fund have increased to N22bn, the Federal Mortgage Bank...


Airtel Emerges Fastest Growing Data Operator In Nigeria -NCC

Airtel Emerges Fastest Growing Data Operator In Nigeria -NCC

Based on a recent study carried out by industry regulator, the Nigerian Communications Commission...


Investments: African Glass Limited Invests $80Million For Capacity Expansion

Investments: African Glass Limited Invests $80Million For Capacity Expansion

June 24st  2013:  African Glass (Nigeria) Ltd today announced the planned expansion of its...


More And More Losses: Swap Technologies Post N2.77billion Loss

More And More Losses: Swap Technologies Post N2.77billion Loss

An indigenous telecommunications firm, SWAP Technologies & Telecoms Plc, recorded a 65 per cent...


Cash Cow==>> Nigerians Spend N379.8billion On Voice Calls And SMS’s in First Quarter Of 2013

Cash Cow==>> Nigerians Spend N379.8billion On Voice Calls And SMS’s in First Quarter Of 2013

Based on an Average Revenue per User of $7 (N1,090.25), the active telecoms subscribers...


As Expected, Tantalizers Plc Declares No Dividend, Flays Business Environment

As Expected, Tantalizers Plc Declares No Dividend, Flays Business Environment

The business environment in the country has been harsh, making businesses to groan under...


Heard That Before?? Dangote Cement Plc Assures On  Price, Quality Stabilility

Heard That Before?? Dangote Cement Plc Assures On Price, Quality Stabilility

  Dangote Cement Plc has promised to do all that is possible to stabilise...


Company Watch: Diamond Bank Plc Ends Roadshow, Extends $550Million Bond Issue To July

Company Watch: Diamond Bank Plc Ends Roadshow, Extends $550Million Bond Issue To July

Diamond Bank Plc said it expects to launch its proposed $550 million bond next...


CSCS Records N5.17Billion Total Revenue, N2.58Billion Profit In 2012

CSCS Records N5.17Billion Total Revenue, N2.58Billion Profit In 2012

CENTRAL Securities Clearing System Plc (CSCS)  recorded total revenue of  N5.17 billion in its...


Consumer Watch: Techno Oil To Supports LPG Initiative Scheme With 50,000 Units Of Cylinders

Consumer Watch: Techno Oil To Supports LPG Initiative Scheme With 50,000 Units Of Cylinders

Techno Oil has expressed strong support for the Liquefied Petroleum Gas utilisation  programme initiated...


AGM Watch: Shareholders Approves Unity Bank’s Share Recapitalization To N40Billion

AGM Watch: Shareholders Approves Unity Bank’s Share Recapitalization To N40Billion

Shareholders of Unity Bank Plc on Wednesday approved the proposal of the bank to...


AGM Watch: Oando Plc To Pay N5.1Billion As Dividends To Shareholders

AGM Watch: Oando Plc To Pay N5.1Billion As Dividends To Shareholders

  The board of Oando Plc has recommended the distribution of N5.1 billion as...


Confirmed: Bank Promos Are A Lottery And They Are Free to Continue (Lottery Commission)

Confirmed: Bank Promos Are A Lottery And They Are Free to Continue (Lottery Commission)

  A few months a go I wrote an short story about the possible...