Big Business

Meet Nigerian Speakers For The Annual ASEA Conference
Big Business

Meet Nigerian Speakers For The Annual ASEA Conference

Oscar Onyema, the President of ASEA, Association of African Stock Exchange, alongside Tonye Cole, Co-founder of Sahara Group and Kingsley Moghalu, Former Deputy Governor, Central Bank of Nigeria will be joining other bigwigs in the African capital market community as key speakers at the 2016 Annual ASEA Conference. The Annual ASEA Conference will […]

Austin Laz PLC Reports NGN33.6 Million Loss For Q3
Big Business

Austin Laz PLC Reports NGN33.6 Million Loss For Q3

Austin Laz PLC has disclosed that it recorded a net loss of NGN33,6 million for the third quarter of 2016. Austin Laz & Company PLC is an indigenous manufacturer of industrial and consumer products. The Company comprises of major divisions including refrigeration, thermoplastic, aluminum & building materials. Austin Laz produces […]

DHL Express Hikes Delivery Rates By 25%
Big Business

DHL Express Hikes Delivery Rates By 25%

DHL Express, one of the leading logistics company in Nigeria has announced that it will be increasing its pricing on “International, Domestic and Import Express products by 25%”. The new price hike will take effect from the 1st of November, 2016. The company provided a rationale for its decision, in […]

Guinness Nigeria To Pay 5 Kobo Per Share
Big Business

Guinness Nigeria To Pay 5 Kobo Per Share

Guinness Nigeria PLC has announced that it will be paying a net dividend per share of 5 kobo. According to an alert monitored on Thomson Reuters Eikon. The dividend is concerning its year ended June 30, 2016. Investors of Guinness Nigeria PLC will be paid the agreed amount on the 24th […]

Dangote Group Acquires Twister B.V.
Big Business

Dangote Group Acquires Twister B.V.

Dangote Industries limited has announced that it has finished the acquisition of Twister B.V. In a statement released to thenigerianvoice.com, the company said it has completed the acquisition of Twister B.V., a gas processing company headquartered in the Netherlands. Twister B.V. formally owned by Shell Technology Ventures Fund 1, before its recent acquisition […]

Netflix Partners Spectranet To Install Server In Lagos
Big Business

Netflix Partners Spectranet To Install Server In Lagos

Netflix, the world’s leading Internet TV service and Spectranet, Nigeria’s leading 4G broadband service provider, today announced the deployment of one of the first dedicated Netflix server in Africa. This high capacity server will hold the entire Netflix content library, in Lagos, providing Spectranet’s customers with the best possible video […]

Forte Oil’s Q3 Net Profit Fell By 43%
Big Business

Forte Oil’s Q3 Net Profit Fell By 43%

Forte Oil PLC, a major player in the downstream petroleum sector has reported that its net profit for the third quarter of the year fell by 43% when compared to its performance last year. The slide in financial fortune for Forte Oil could be attributed to the worsening economic challenges […]