The African Legal Support Facility (ALSF) has welcomed two new additions to its Management Board, Rafique Mahomed and Bruce Montador. The ALSF’s Management Board is responsible for the efficient and effective conduct of all operations of the Facility, as well as the approval of its Budget and appointment of its […]
Capco said its revenue increased to GBP43.7 million compared to GBP40.5 million recorded in 2016, operating profit turned around to GBP25.9 million against loss of GBP170.4 million posted in the previous year. Meanwhile, Profit attributable to owners of the parent improved to GBP34.7 million from loss of GBP109 million reported […]
JetBlue has released a Request for Qualifications (RFQ) for the development of a terminal at New York’s JFK Airport. This development initiative is aligned with New York Governor Andrew Cuomo’s vision plan to transform JFK International Airport into an airport equipped to meet the demands of the 21st century. In […]
Cadbury Nig plc has released a circular to the Nigeria stock exchange and by extension to the general public that the company has commenced a closed period in order for the Board of Directors of the company to consider and approve the half year unaudited financial results. Read what the […]
FTN Cocoa processor said it recorded a net loss of NGN286.0 million for the second quarter against NGN151.1 million in 2016. The total revenue for the quarter was NGN18.5 million for second quarter 2017 compared to NGN662.9 million recorded same period in the financial year 2016. The company’s loss before […]
Lasaco Assurance plc said its profit for the second quarter of the year fell by 32% to NGN256.1 million from NGN376.9 million in the year before. Gross insurance premium matched its last’s year’s milestone at NGN1.4 billion gross insurance premium. The company’s reinsurance expenses was NGN813.2 million in contrast to […]
Uber Nigeria has entered a partnership with Germaine Auto Centre, an auto service and maintenance company in a bid to provide maintenance services to its driver partners. The partnership will see Uber driver-partners operating in Lagos have their cars maintained and serviced at this auto facility at stipulated fees according to […]
There’s been a disconnect between online shoppers and online retailers which have led to distrust in the e-commerce ecosystem in Nigeria. Sadly, a great number of online retailers see the opportunity to make money as the only priority and in the course of time have lost sight of what truly […]
A Kenyan startup that converts human waste to cooking fuel has received Sh477,460 (USD4,635.54) initial funding from Chivas Regal’s USD1 million fund, following the public voting phase of a competition. Although the amount up for grabs is about a million US Dollars, the local social enterprise startup, Sanivation, received the […]
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Bell Pottinger, a London based public relations firm that was working for the Guptas of South Africa has since resigned its engagement with the billionaire family. Over the last four months the Guptas have been exposed in various allegations of corruption and bribery scandals regarding their conducts and those of […]
Christopher Hayes, 49, of Middletown, R.I., a former Newport, R.I., Police Department Sergeant and President of the Fraternal Order of Police (FOP), Newport Lodge No. 8, was sentenced today to a total sentence of 12 months, 6 months imprisonment followed by 6 months of home confinement, for using FOP funds […]
Cadbury Nig plc has released a circular to the Nigeria stock exchange and by extension to the general public that the company has commenced a closed period in order for the Board of Directors of the company to consider and approve the half year unaudited financial results. Read what the […]
Scott Valente, age 60, of East Greenbush, New York, was sentenced today to 20 years in prison for running a large investment fraud scheme. Valente was also ordered to pay USD8,616,113.39 in restitution to his victims. The announcement was made by Acting United States Attorney Grant C. Jaquith; Special Agent […]
The African Legal Support Facility (ALSF) has welcomed two new additions to its Management Board, Rafique Mahomed and Bruce Montador. The ALSF’s Management Board is responsible for the efficient and effective conduct of all operations of the Facility, as well as the approval of its Budget and appointment of its […]
Capco said its revenue increased to GBP43.7 million compared to GBP40.5 million recorded in 2016, operating profit turned around to GBP25.9 million against loss of GBP170.4 million posted in the previous year. Meanwhile, Profit attributable to owners of the parent improved to GBP34.7 million from loss of GBP109 million reported […]
JetBlue has released a Request for Qualifications (RFQ) for the development of a terminal at New York’s JFK Airport. This development initiative is aligned with New York Governor Andrew Cuomo’s vision plan to transform JFK International Airport into an airport equipped to meet the demands of the 21st century. In […]
GE said its second quarter revenue dropped by 12% year on year while its cash flow rose more than expected. Outgoing CEO and Chairman, Jeff Immelt, Chairman “GE’s portfolio enables us to execute in a slow-growth, volatile environment, with Industrial segment organic revenues +2% and orders +6%. We delivered $0.28 […]
Trading in the shares of Atlatsa Resources Corporation quoted as JSE: ATL on the Johannesburg Stock Exchange, JSE has been halted. The company has said it has informed it shareholders on the trading suspension. The company said details pertaining to the trading halt and the lifting thereof will be included […]
Moody’s one of the top four largest rating agencies said it recorded USD1.0 billion for the second quarter of the year. The result is an 8% year on year growth. “In the second quarter, Moody’s recorded $1.0 billion in quarterly revenue, as well as double-digit EPS growth,” said Raymond McDaniel, […]
