Company News
All the latest Nigerian company news, market intelligence and analysis
Forte Oil Just Made A Big ‘Big’ Announcement
Preliminary Discussion on Possible Acquisition of a Downstream Asset 1. Forte Oil PLC (formerly AP PLC) has notified The Nigerian...
Read moreDetailsLafarge Africa Has Stuck A Deal With IFC To Build A 220 MW Power Plant In Nigeria
Lafarge Africa, Finland's Wartsila and the World Bank's IFC have agreed to build a 220 megawatt (MW) gas-fired power plant...
Read moreDetailsThis Is The ‘Strange’ Reason Why Access Bank Was Granted Technical Suspension
Yesterday, September 15th the market was hit with the shocking news that Access Bank shares has been placed on technical...
Read moreDetailsGuinness Explains Why Phyno, Olamide & Eva Were Chosen As “Made of Black” Brand Abassadors
If you have been watching football lately, you must have come across a flurry of "Made in Black commercials featuring...
Read moreDetailsDeal: Qatar National Bank Acquires Additional 11% of Ecobank
Qatar National Bank SAQ (“QNB”) announces that it has today acquired (the "Acquisition") an additional holding of 11.0%(*) (2,047,877,260 ordinary...
Read moreDetailsRights Issue: Access Bank Shares Placed On Technical Suspension
The Nigerian Stock Exchange has granted anticipatory approval for the shares of Access Bank Plc (“the Bank”) to be placed...
Read moreDetailsT-A-K-E-O-V-E-R: SAB Miller (Owners of Int Breweries) Just Made A Bid To Acquire Heineken (Owners of Nigerian Breweries)
Bloomberg just reported SABMiller Plc (SAB) has approached the owners of Heineken NV (HEIA) about an offer for the smaller...
Read moreDetailsLargest Economy? South Africa’s First Rand Bank Just Reported R18.4b (N297billion) PAT. That’s Thrice Zenith Bank’s N95billion PAT for 2013.
Reuters reports South Africa's FirstRand reported an expected 21 percent rise in full-year earnings on Tuesday but South Africa's second...
Read moreDetailsDeal: Dubai Invest $300million in Dangote Cement
Investment Corp of Dubai (ICD), the state fund which holds stakes in some of the emirate's top firms, has agreed...
Read moreDetails2014 FY Results: Guinness Reports 19% Drop in PAT…Propose N3.2 Dividends
Guinness released its 2014 Full year results reporting an 11% drop in turnover to N102.9billion (2013: N122.4b). Profit after tax...
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