Company News

Companies

Assetrix launches to bring trust and liquidity to real estate investment

Companies

Coronation Securities Limited clinches dual recognition as Africa’s Premier Trading Platform

Appointments

Stanbic IBTC announces new Group CEO, Chukwuma Nwokocha

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Company News

All the latest Nigerian company news, market intelligence and analysis

FG suspends airline operations from Turkey into Nigeria, Here is reason Turkish Airlines was allowed to land in Abuja, Coronavirus: Travellers stranded as Turkish Airlines cancels all scheduled flights to Nigeria, Turkish Airlines offers to refund paid tickets of cancelled flights

Turkish Airlines cancels flights to Nigeria due to low traffic

by Chidinma Nwagbara

Turkish Airlines has announced the cancellation of its flights to Nigeria due to the Coronavirus outbreak.

Appointments

CHAMS Plc brings back Demola Aladekomo as Chairman following Dere Awosika’s resignation

by Emmanuel Abara Benson

Nigerian IT company, CHAMS Plc, announced yesterday that it had appointed Sir Demola Aladekomo as its new Chairman of the...

Royal Exchange Plc appoints new Directors, Royal Exchange, subsidiaries fail to release 2019 financial result again, risk financial sanction

Royal Exchange, subsidiaries fail to release 2019 financial result, risk financial sanction

by Fakoyejo Olalekan

Royal Exchange will not release its audited financial statements for the year ended December 31, 2019, any time soon.

NOVA Merchant Bank Limited Declares N1.65billion PAT

by NM Partners

NOVA Merchant Bank Limited has released its audited results for the financial year ended December 31st, 2019, recording impressive performances...

NCDMB, Shell to create 30,000 jobs with new partnership deal

by Chidinma Nwagbara

NCDMB and Shell Nigeria Gas SNG have signed an agreement to create at least 30,000 direct and indirect jobs in...

Elliot invests $1 billion in Twitter for one board seat

by Ruth Okwumbu-Imafidon

Elliot Management Corp has invested $1billion in Twitter in exchange for one board seat on the company.

Nokia secures $560 million loan facility to boost 5G Development

by Chidinma Nwagbara

Reports show that the Finnish telecoms company, Nokia recently took up a $561 million loan as it struggles to revive...

Vaccine storage, Covid-19: Oxford's covid-19 vaccine, EU, Health: Nigeria records first case of coronavirus

Airlines cut down flights due to COVID-19 outbreak, many may lose their jobs

by Ruth Okwumbu-Imafidon

Airlines across the globe have suspended all flights to China and modified some other routes in response to the Coronavirus outbreak.

UPDATE: FCMB appoints Deloitte as new auditors following expiration of KPMG’s tenure

by Emmanuel Abara Benson

The board of directors of FCMB Group Plc unanimously voted to replace Messrs KPMG Professional Services with Messrs Deloitte and Touche as its new auditor.

Dangote finally addresses how he amassed his wealth without father’s money, Dangote concludes plan to secure 10,000 trucks from Indonesia ,Dangote and other Nigerians hold form as Forbes releases the richest African billionaires list , Dangote injects N63 billion to revive moribund ANAMMCO in Southeast, Dangote subsea pipeline to handle three billion gas supply, link Niger Delta to Lekki, Dangote Fertilizer Contractor Staff tests Negative to COVID-19, Dangote: Report illegal haulage, Shares in Dangote Sugar held by Aliko Dangote has added N90 billion to his wealth in 364 days

Dangote subsea pipeline to curb gas flaring, links Niger Delta to Lekki

by Fakoyejo Olalekan