Lafarge Africa Fetes Distributors, Rewards Excellence

Lafarge Africa Plc on Thursday April 7, 2016 celebrated and rewarded its trade partners at a grand Customer Awards ceremony to demonstrate its appreciation for the contributions of its distributors…

Dangote Begins Construction of 3 Million Metric Tons Cement Plant in Cote D’ivorie

Leading Cement manufacturer, Dangote Cement Plc, is deepening its pan African expansion drive with the commencement of construction of a new 3 million metric ton per annum capacity cement grinding…

Zenith Bank Shareholders Commend Bank for Good Financial Year

The shareholders of Zenith Bank Plc have commended the Board of Directors for an impressive financial year ended December 31, 2015, as they approved a total dividend of N56.5 billion…

Forte Oil Plans to Raise N100 billion to Expand Operations in Nigeria

Forte Oil said it plans to raise up to N100 billion to expand its operations in the country and will seek shareholders approval at its annual general meeting on April 26.…

FG Plans to Borrow $1.1 billion through Treasury Bills

The Federal Government is planning to borrow N218.89bn ($1.1bn) through short-dated Treasury bills on April 7, the Central Bank of Nigeria has said. The CBN said it would sell N55.40bn…

NUBIFIE Crisis Deepens as Thugs Invade Union Office

By Okunade Adekunle The crisis rocking the National Union of Banks, Insurance Companies and Financial Institution Employees (NUBIFIE) has taken a new dimension as Mr. Godwin Izuwa led group allegedly…

NAHCO Reports 5.4 % Profit Decline in 2015, Offers 20k Per Share Dividend

Nigerian Aviation Handling Company Plc (NAHCO) said  its profit after tax (PAT) for the period ended December 31, 2015 declined 5.4 percent to N537.79 million from N568.55 million posted a…

Fidelity Bank Records N13.9bn Profit in 2015, Offers N4.6bn Dividend to Investors

Fidelity Bank Plc said its Profit After Tax (PAT) for the period ended December 31, 2015 grew marginally by 0.78 percent to N13.90 billion from N13.79 billion recorded a year…

2015 Pre-tax Profit of Transcorp Down by 57.1%

Transnational Corporation of Nigeria Plc, one of Nigeria’s top tier conglomerates has said its pre-tax profit for the period ended December 31, 2015 dropped 57.1 percent to N3.32 billion from N7.73…

CBN to Sell N218 billion Worth of Treasury Bill on April 7

The Central Bank of Nigeria (CBN) says it plans to sell N218.89 billion worth of treasury bills on April 7. The CBN disclosed this in its treasury bills issuing calendar…