Companies

Companies

Guinness profit drops 5% on rising input cost, FX loss

Folake Balogun Oct 27, 2023

Guinness Nigeria has recorded a 5 percent drop in profit in its Q1 ended September 2023, driven by rising input...

Companies

Nigeria’s QSR industry growing with tech adoption

Temitayo Ayetoto-Oladehinde Oct 27, 2023

Nigeria’s quick-service restaurant (QSR) industry is growing rapidly, and technology is playing a major role in this growth. QSR operators...

Companies

Our mentor-matchup challenge will promote indigenous industries –Nwazulu

Seyi John Salau Oct 27, 2023

Ezinne Nwazulu, the managing partner of 234Finance, has said the company will be holding its annual Mentor-Matchup Challenge (MMC) to...

Companies

Fidelity Bank signs $40m cocoa export deal with Afrexim bank

Oladehinde Oladipo Oct 27, 2023

Fidelity Bank, a Nigerian deposit money bank, has signed a tripartite $40 million pre-export finance facility with AFREXIM Bank in...

Companies

Transcorp Hotels sustains growth momentum in Q3

Iheanyi Nwachukwu Oct 26, 2023

Transcorp Hotels Plc recently released its financial performance for the third quarter (Q3) ended September 30, 2023, showing a strong...

Companies

SFS REIT Fund shows strong cash flows in nine-month result

Folake Balogun Oct 26, 2023

SFS Real Estate Investment Trust Fund (SFS REIT Fund), a close-ended real estate investment trust scheme has recorded a 1558...

Companies

Dangote Industries sets new standard for sustainability

Folake Balogun Oct 26, 2023

Dangote Industries, one of Africa’s largest conglomerates, has set a new standard for sustainability with its commitment to Environmental, Social,...

Companies

Dana develops solution to tackle Vitamin C deficiency

Temitayo Ayetoto-Oladehinde Oct 26, 2023

Dana Pharmaceuticals, a leading drug maker in Nigeria, has developed a new solution to tackle vitamin C deficiency in children....

Companies

LAPO Chairman advocates grassroots empowerment to address poverty

Hope Moses-Ashike Oct 26, 2023

LAPO Microfinance Bank’s chairman, Godwin Ehigiamusoe, has called for empowerment of people at the grassroots in order to address the...

Companies

Nigerian Breweries fails to impress investors with N78.2bn Q3 pre-tax loss

Iheanyi Nwachukwu Oct 26, 2023

… FX losses, higher interest costs linked …Stock price down by 7.3% year-to-date Nigerian Breweries Plc has released its unaudited...

Companies

Remita MD calls for CIoD membership for Public Sector to promote corporate governance

Eniola Olatunji Oct 26, 2023

DeRemi Atanda, the managing director of RemitaPayment Services Limited said that the Institute Of Directors should ensure CIoD membership requirement...

Companies

Schneider Electric eyes cloud partnerships to boost African market

Oladehinde Oladipo Oct 25, 2023

Global Energy Company, Schneider Electric, has expressed its determination to partner with cloud service providers in Africa. The company in...

Companies

GTCO says Q3 performance confirms it as leading financial holding company

Iheanyi Nwachukwu Oct 25, 2023

…Reports N433.2bn pre-tax profit Guaranty Trust Holding Company Plc (GTCO) recently released its unaudited consolidated and separate financial statements for...

Companies

Geregu Power, Optimus Bank CEOs, others to headline DealHQ summit

Kelvin Okojie Oct 25, 2023

Akin Akinfemiwa, Demola Odeyemi, Bolaji Balogun, Toyin Sanni, and Ugo Obi-Chukwu, who serve as CEOs of Geregu Power, Optimus Bank,...

Companies

Naira devaluation lifts Unilever's export revenue to 7yr high

Olamide Ologunagbe Oct 25, 2023

Unilever, the British multinational consumer goods firm, reported its highest revenue in seven years for the 9-month period of 2023,...