Cadbury Nigeria Plc to pay final dividend for 2018 financial year
After reporting a profit after tax of N823 million in FY 2018, Cadbury Nigeria Plc declared a final dividend of N0.25 kobo per N0.50 kobo ordinary share.
AMCON boss wants courts to have debt recovery powers
AMCON Managing Director, Ahmed Kuru has advocated for a renactment of the Failed Banks Act. The then act gave tribunals the power to recover debts owed failed banks.
Networking is beyond handshakes and exchange of cards – Herbert Wigwe
Herbert Wigwe, the GMD Access Bank Plc, recently took to Twitter to highlight what a good business networking entails.
Julius Berger Nigeria Plc revenue hits N194 billion in FY 2018
Julius Berger Nigeria Plc made a total of N194 billion as revenue for the financial year ended December 2018.
BUA and Wartsila Oy of Finland sign 48MW Power project for Sokoto Line 3
This is coming two months after BUA announced that it has signed a contract with world’s renowned cement manufacturing company, CBMI.
Cadbury Nigeria Plc appoints new managing director
Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
OneFi acquires Amplify as part of its one-stop-shop drive
The acquisition will see OneFi take over Amplify’s assets, tradements, and flagship products.
Farmcrowdy secures additional $1m, prepares to scale enterprise
The money comes as the agri-tech company readies itself for an upcoming Series A fundraising later in the year.
Court Sanction of Access Bank Plc and Diamond Bank Plc’s Scheme of Merger
Diamond Bank Plc. (“Diamond Bank”) announces that the Federal High Court of Nigeria has on March 19, 2019 sanctioned the Scheme of Merger pursuant to which Access Bank Plc will acquire the entire issued share...
Telecoms operators consider charging tariffs based on States
MTN and other service providers may start charging you more based on the state you are resident in. The reason why will interest you...
Jaiz Bank Plc expands footprint in Nigeria with new branches
The new branches have increased the total network of the branch to 39.
Like MTN, is Airtel Nigeria considering listing?
Airtel Nigeria is holding talks with the Nigerian Communications Commission and other regulators, over a possible listing on the NSE.
Google fined N613.1bn for AdSense clauses
The company has been accused of using its market dominance to dictate the activities of rival online search advertisers such as Yahoo.
Air Peace acquires B777 Aircraft, defends order of banned B737-Max8
In preparation for its international operation, Nigerian carrier, Air Peace, has taken delivery of its third Boeing 777-300 aircraft.
Cadbury Nigeria Plc records N35.9 billion revenue in FY 2018
Cadbury Nigeria Plc has released its results for the 2018 financial year. Here are highlights of the results.
Revenue
Revenue increased from N33 billion in 2017...
Superstores in Nigeria: Can SPAR and Shoprite’s business models keep them afloat?
The two superstores worthy of note in Nigeria are Shoprite and SPAR.
Court sets date to rule on Polaris Bank’s fraud case
The Federal High Court in Kaduna will on March 29, 2019, rule on an application filed by Rabiu Aliko Lawal.
#SheVentures – 4 Reasons Every Nigerian Business Woman Should Seriously Consider This New Proposition
Reports show that women make up 49% of Nigeria’s adult population. However, only about 42% of them have access to formal financial services.
NSE lifts suspension on Thomas Wyatt Nigeria Plc
The Nigerian Stock Exchange (NSE) has lifted the suspension that halted Thomas Wyatt Nigeria Plc from trading its shares on the Nigerian bourse.
Diamond Bank Plc suspended from trading shares on the NSE
Diamond Bank Plc has been fully suspended from trading its shares on the Nigerian Stock Exchange (NSE), with effect from today, March 20th, 2019.
Shareholders praise Zenith’s dividend payout, demand more involvement
Shareholders have lauded Zenith Bank Plc for its dividend payout after the tier-1 lender declared a final dividend of 280 kobo for FY 2018.
Meyer Plc announces the appointment of a new Managing Director
Meyer Plc, in a notice to the investing public, has announced the appointment of Devashish Nath as its new Managing Director.
Regular businesses that could benefit from the Access-Diamond merger
As Access Bank Plc finally merges with Diamond Bank Plc, we take a closer look at some of the businesses that could benefit from the re-branding that is bound to happen.
OFFICIAL: Access and Diamond have merged
In a notice sent to the Nigerian Stock Exchange (NSE) today, Access Bank Plc disclosed it had received the court sanction of its merger...
BUA joins GTBank to sponsor the 2019 Lagos International Polo Tournament
Last week, the city of Lagos was fired up with the hosting of the 2019 Lagos International Polo Tournament. GTBank and BUA Group sponsored the event.
Five bidders jostle for Afam Power and Yola Electricity Distribution Company
The BPE has received financial and technical bids from five firms who are interested in purchasing stakes in Afam Power Plc and Yola Electricity Distribution Company.
Earnings Update: A closer look at Access Bank’s FY 2018 results
Access Bank Plc released its FY 2018 financial statement which shows 15.18% increase year-on-year in Gross Earnings to ₦528.75 billion.
CEO of EFG Hermes Frontier speaks on Nigeria’s ‘exciting investment opportunities’
EFG Hermes recently organised its 15th Annual One on One Conference which took place between March 3rd and March 7th, 2019.
BPE to concession Lagos Trade Fair complex
The Bureau of Public Enterprises has denied plans it will sell the Lagos International Trade Fair Complex (LIFTC). The agency made this known in...
Transcorp Hotels poised to continually redefine Africa’s hospitality landscape
Transcorp Hotels' CEO, Mrs Owen Omogiafo, has doubled down on the company's commitment to position Nigeria as the preferred destination for local and international tourists.
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List of successful applicants for TEF 2019 announced
See the complete list of the shortlisted applicants for the 2019 Tony Elumelu Entrepreneurship Programme.
Cadbury Nigeria Plc appoints new managing director
Cadbury Nigeria Plc today announced the appointment of Mrs. Oyeyimika Adeboye as Managing Director, effective 1st April 2019. Mrs. Adeboye takes over from Mr. Amir...
How to make $1bn from a single product in Nigeria
Nigerian businesses owned by foreign nationals have thrived. Here's a look at how they did it.