Category: Company News

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MTN Continues Plans For Listing Nigerian Arm This Year

MTN Continues Plans For Listing Nigerian Arm This Year

After months of anticipation the board of Africa’s biggest mobile phone operator- MTN Nigeria, with 51.4 million subscribers in Nigeria, on Wednesday,...
Honeywell: When Consistent Quarterly Earnings Growth Inspires Hope For Juicier Returns

Honeywell: When Consistent Quarterly Earnings Growth Inspires Hope For Juicier Returns

Honeywell Flour Plc recently presented its earnings report for the nine months ended December 31, 2017 through the Nigerian Stock Exchange (NSE) withi...
Flour Mills N40bn Rights Issue Proceeds To Cut Debt, Capex, Says Management

Flour Mills N40bn Rights Issue Proceeds To Cut Debt, Capex, Says Management

Photo Caption: From left, Godstime Iwenekhai, Head, Listing Regulation, The Nigerian Stock Exchange (NSE); Joseph Umolu, Company Secretary/Director, L...
Oando Names Zubairu Director, As UACN Announces 22% Stake By Stanbic, Others

Oando Names Zubairu Director, As UACN Announces 22% Stake By Stanbic, Others

Barely two weeks after appointment of Alhaji Bukar Goni Aji, the 17th Head of the Civil Service of the Federation, apparently a nominee of Alhaji Dahi...
Africa Prudential Unveils PERSONAL REGISTRAR USSD *4018#

Africa Prudential Unveils PERSONAL REGISTRAR USSD *4018#

As part of efforts to redefine Nigeria’s registrar service delivery landscape, Africa Prudential Plc, on Wednesday in Lagos unveiled a new USSD code, ...
Flour Mills Nets N13.27bn 9-Month Profit, Laments Impact Of Apapa Grid-lock

Flour Mills Nets N13.27bn 9-Month Profit, Laments Impact Of Apapa Grid-lock

The board of Flour Mills of Nigeria Plc, on Wednesday presented its unaudited 9-month result, showing a double-digit growth in profit, despite the 9.6...
Guinness Nigeria Returns To Profit, Nets N2.13bn At Half-Year

Guinness Nigeria Returns To Profit, Nets N2.13bn At Half-Year

Guinness Nigeria on Tuesday published its result for the half-year ended December 31, 2017, showing a return to profit, despite a lean growth in reven...
Honeywell Flour Q3 Net Profit Up 110%, EPS Hits 35 Kobo

Honeywell Flour Q3 Net Profit Up 110%, EPS Hits 35 Kobo

Honeywell Flour Mills, on Tuesday released its unaudited result for the third quarter ended December, 2017, just days hours the January 31, 2018 deadl...
NASCON Considers New Investments Backward Integration, Eyes Juicier Returns

NASCON Considers New Investments Backward Integration, Eyes Juicier Returns

Caption: From left, Director, NASCON Allied Industries PLc, Fatima Wali-Abdurrahman; Director, NASCON Allied Industries PLc, Halima Dangote; Chief Exe...
Sterling To Seek Stand-Alone Islamic Banking Licence

Sterling To Seek Stand-Alone Islamic Banking Licence

• Says Selection Process Of New MD Rigorous, Transparent Outgoing Managing Director of Sterling Bank Plc, Yemi Adeola, at the weekend gave its futu...
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