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Companies

  • Nigeria electricity commission mulls to hike price of prepaid meters

    February 18, 2024

    The Nigerian Electricity Regulatory Commission (NERC) has resolved  to increase the price of prepaid metres in the coming days. The commission...

  • ACCI mourns Herbert Wigwe

    February 12, 2024

    The Abuja Chamber of Commerce and Industry (ACCI) has extended condolences following the demise of Herbert Wigwe, Chief Executive Officer (C...

  • Africa Prudential Plc appoints new MD/CEO

    January 30, 2024

    The Board of Africa Prudential Plc has appointed  Catherine Uzoamaka Nwosu as the incoming Managing Director and Chief Executive Officer of the c...

  • FCMB records over 200 per cent increase in profit

    January 28, 2024

    For the financial year ended December 2023, FCMB Group has reported a 206.86 per cent increase in its profit to N95.52bn. This was revealed in...

  • Electricity company speaks on epileptic power supply in Ibadan

    January 26, 2024

    Ibadan Electricity Distribution Company (IBEDC), has attributed the drop in electricity supply to load allocation constraints across its franchise are...

  • Guiness Nigeria records over N5bn loss

    January 26, 2024

    For the year ended December 2023, Guinness Nigeria reported a loss of N5.233 billion. This is according to the unaudited interim financial statemen...

  • NEM Insurance Plc appoints executive director

    January 22, 2024

    The appointment of Idowu Semowo, has been announced by the Board of NEM Insurance Plc, as the Executive Director of Finance and Investment of the...

  • No tariff increase in our franchise – Kaduna Electricity

    January 19, 2024

    The management of Kaduna Electricity Distribution PLC which covers customers in Kaduna, Sokoto, Zamfara and Kebbi states said it was undergoing mainte...

  • Unilever announces appointment of new executives

    January 19, 2024

    The appointment of Ben Langat and Obinna Emenyonu has been announced by the Board of Directors of Unilever Nigeria Plc as Non-Executive Director ...

  • Infinity Trust Mortgage Bank records N1.21 billion

    January 17, 2024

    Infinity Trust Mortgage Bank reported its financial statement for 2023, showing a profit before tax of N1.21 billion, indicating a 42.8% increase from...

  • Stanbic IBTC Holdings appoints new directors

    January 16, 2024

    Stanbic IBTC Holdings Plc has announced strategic appointments to the boards of its subsidiaries. This is according to the group’s notice to ...

  • DBN receives N950m loan repayment from LivingTrust Mortgage Bank

    January 16, 2024

    A N950m MSMEs grant has been fully repaid to the Development Bank of Nigeria by the LivingTrust Mortgage Bank Plc. DBN disbursed the N950m MSMEs fu...

  • Access Holdings announces acquisition of Megatech Insurance Brokers

    January 15, 2024

    Access Holdings Plc said it has obtained all required regulatory approvals to acquire Megatech Insurance Brokers Ltd. This was announced by Sunday ...

  • ChatGPT founder, Sam Altman marries longtime partner Oliver Mulherin

    January 12, 2024

    The founder and Chief Executive Officer, OpenAI CEO, Sam Altman, has reportedly tied a nuptial knot with his longtime partner, Oliver Mulherin, in a s...

  • Union, Keystone, Polaris, get new executives

    January 11, 2024

    The Central Bank of Nigeria has appointed new executive directors to oversee the affairs of Polaris, Union, and Keystone Bank, a few hours after ...

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