Presco’s half-year revenue dips by 9.5%
Presco Plc, a palm-oil processing and agro-industrial firm, has disclosed that the company's revenue for 2019 Half-Year dipped by 9.5%, moving from N11.6 billion at Half-Year 2018 to N10.5 billion at the end of June this year.
International Breweries half-year deficit up by 140%
The Half-Year 2019 financial statement of International Breweries Plc has revealed a surge in the company's Loss After Tax which hiked by 140.36% to N6.841 billion at the end of June this year, up from the N2.846 billion declared in the same period the year before.
LASACO Assurance records half-year profit gain of 25%
LASACO Assurance Plc has disclosed that its Profit After Tax grew significantly from the corresponding period which recorded N382.4 million in 2018. The company reported a 25% growth to hit N479.4 million in 2019 Half-Year financial report.
Oando’s growth unhindered by SEC tussle, as its revenue for HY increased by 6%
@Oando_PLC has announced its unaudited financial results for the Half-Year period ended June 30, 2019. The indigenous energy group reported an 8% increase in production while its turnover for the six months increased by 6%.
Zenith Bank Unveils Easy Online Dubai Visa Application
Zenith Bank Plc has introduced a new feature on its internet banking platform that allows customers to apply for Dubai Visa and make the associated Visa fee payment effortlessly.
Former CBN’s Tunde Lemo resigns from GlaxoSmithKline
Pharmaceutical company, @GSK, has announced the resignation of board member, Tunde Lemo. Before Lemo's resignation, he was involved in the company's policymaking and planning exercises. He's a former deputy governor of operations and director of the @cennigeria.
Nestle Nigeria’s revenue climbs 5% as profit hits N26.2 billion
@NestleCWAR has released its Unaudited Financial Statements for the period ended 30 June 2019. The company experienced a 5% increase in its revenue when compared to its result for the corresponding year.
Fidelity Bank temporarily bans its Directors and families from trading its shares
@fidelitybankplc has announced that its Executives, Directors, other employees, Family members and other persons related to the employees and the lender have been barred from trading in the company's shares.
MTN Nigeria gets new Chairman as Pascal Dozie steps down
@MTNN has announced that its Board Chairman, Pascal Dozie, will be leaving his position alongside five other Non-Executive Directors. Dozie has occupied the Chairmanship position for 18-years since MTN began operation in Nigeria.
NSE Donates N20 million to Support Cancer Causes Across Nigeria
The Nigerian Stock Exchange (@nsenigeria) is pleased to announce the donation of the sum of N20 million to support initiatives focused on promoting early detection as well as increasing awareness and advocacy for cancer-related causes in Nigeria.
Page Financials unveils Loan box in Lagos
The Loan Box made unique appearances across locations in Lagos over the last couple of weeks. It turns out that the creative and striking mystery is an initiative of Page Financials.
FirstBank Partners Eventful to Support SMEs in the Fashion Industry
First Bank of Nigeria Limited partnered with Eventful Limited on its event, fashion souk, a platform that creates an opportunity for players in the fashion industry to exhibit and sell their wares to the thousands of event participants.
Cadbury Nigeria grows revenue by 11% in 2019 Half Year
Cadbury Nigeria Plc has released its Un-audited Interim Financial Information for the Half Year Ended 30 June 2019. Cadbury Nigeria reported 11% growth in its revenue from January to June 2019.
Zenith Bank Unveils “Style By Zenith 2.0”
Following the success of the maiden edition, foremost multinational financial services provider, Zenith Bank Plc has announced the launch of “Style by Zenith 2.0”.
Vodacom loses Chief Strategist, Yolanda Cuba, to MTN, as Fintech war intensifies
The battle to lead financial technology market among telecommunications companies just got more intense after @Vodacom's big-shot, @Yolandacuba, left the company to join @MTNGroup. Cuba's exit came as a shock, as she's one of the top executives being tipped to takeover Vodacom Africa's top job in coming years.
VFD Group cedes control as it divests from GAC two years after takeover
@VFDGroup has announced it will be exiting from automobile dealership company, Germaine Auto Center (GAC). The development is contained in a press statement sent to Nairametrics.
Access Bank wins Karlsruhe Sustainable Finance Award
Africa’s leading financial institution, Access Bank Plc, has emerged winner of the 2019 Karlsruhe Sustainable Finance Awards.
Meyer Plc appoints a new Chief Financial Officer
@meyerpaints Plc has appointed the former Financial Controller of @DangoteGroup, Rotimi Alashe. His appointment comes seven months after the company was dragged into a tax mess that led to the shutdown of its paint factory in Ikeja.
Access Bank Treats Customers this Summer with XclusivePlus
Luxury is often associated with the very rich and wealthy; after all, the finest things in life must be paid for. While the specifics of what makes up an affluent living vary on a personal level, most people would describe it as enjoying premium goods and services, all of which do come at a cost.
Go cashless this summer with FirstBank Visa Multi-Currency Card
First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, has introduced the Visa Multi-Currency Card, an All-in One-Card and first of its kind to be offered by any financial institution in Nigeria.
GTBank Named Best Bank in Africa at Euromoney Awards
Guaranty Trust Bank Plc has been named the Best Bank in Africa 2019 by Euromoney at its annual Awards for Excellence, which held in London on Wednesday,
FirstBank restates commitment to children with special needs
First Bank of Nigeria Limited, Nigeria’s premier and leading financial institution, has reiterated its commitment to impact the lives of the less privileged and children living with disabilities across the country and in its host communities across the world.
University Press’ Board undergoes changes as Chairman resigns
University Press Plc has announced the resignation of Dr. Lalekan Are, the company's Chairman of the Board of Directors. He also stepped down as a non-executive Director of the Company.
FirstBank to Empower 500 Widows through its SPARK Initiative
The desire of FirstBank is to scale up the empowerment to 500 widows before the end of the year with its SPARK initiative.
FirstBank CEO, Adeduntan, Sensitizes Children on Acts of Kindness
The Chief Executive Officer of First Bank of Nigeria Limited, Dr. Adesola Adeduntan, has encouraged children to cultivate the habit of showing kindness to people around them irrespective of class, race or circumstance.
Student Accommod8 Raises Debt Funding from Chapel Hill Denham’s Nigeria Infrastructure Debt Fund
Student Accommod8, (@SAccommod8) Nigeria’s leading developer, owner, and manager of high-quality and Purpose-Built Student Accommodation (PBSA), has raised an undisclosed amount of debt funding from the Nigeria Infrastructure Debt Fund (NIDF).
Top 5 travel destinations this Summer
Trying to plan a last-minute trip this summer? Check out some interesting locations you can visit on a budget with lots of exciting activities to add to your itinerary.
First Bank Promotes Acts of Kindness, Revs its CR&S Week in more than Half...
First Bank of Nigeria Limited, Nigeria’s premier and leading financial institution has announced that the third edition of its Corporate Responsibility & Sustainability (CR&S) week is billed for 1–6 July 2019.
Seplat and Investors to discuss Imo State’s gas field at London Stock Exchange
@seplatpetroleum will hold talks with members of the capital market community at the @LSEGplc. The management of Seplat will discuss with investors and analysts regarding the gas fields in Imo State.
Diamond Business Advantage: A financial product to help MSMEs attain full potential
Lack of credit facility has, for long, been a limiting factor for entrepreneurs in Nigeria. But that can be fixed with the Diamond Business Advantage proposition powered by Access Bank.
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