CocaCola HBC AG, the parent company of CocaCola Nigeria trading as Nigerian Bottling Company said its volume for the half year fell by 1.6% as a result of volume drops in Nigeria as well as Ireland. The company disclosed in its half year result that while Ireland was ‘adversely impacted by […]
Caverton Offshore said it has won a five-year contract from CNL for logistics support. Caverton Offshore said in an official statement that the contract was awarded following an extended competitive tendering process. Caverton emerged successful after scaling through both the technical and commercial evaluation ahead of other bidders. Given CNL’s […]
An issuing house serve as aFinancial Advisers to quoted and unquoted companies, government institutions and state governments seeking to raise additional funds or funds to develop capital projects such as roads, schools, hospitals, infrastructures, etc. from the Capital Market. Their activities are not limited to the big companies and government, they […]
The management of 9mobile formerly know as Etisalat Nigeria (Emerging Markets Telecommunication Service) has raised a fraud alert on the recent recruitment scheme making the rounds. In an official statement available to PageOne, the company said it is currently not recruiting with a disclaimer tiled “9mobile currently not involved in […]
Mr. Olusola Oladipo has notified the Board of Directors of Zenith Bank plc of his retirement with effect from August 30, 2017. This follows the expiration of his tenure of office as Executive Director. The company said in a statement that the Board has accepted the retirement. We request that […]
Africa’s billionaire businessman Aliko Dangote has stated that the group is not interested in investing in the telecommunications industry, rather it is looking at other opportunities. Dangote said the group plans to invest about USD20 billion to USD50 billion in the U.S. and Europe by 2025, in the renewable energy […]
Guaranty trust bank plc in its financial half year report recorded 18% rise in profit to NGN101.1 billion compared to NGN85.6 billion reported same period in the financial year 2016. The bank’s net interest income was higher at NGN129.5 billion in contrast to NGN79.1 billion posted in the previous year […]
Guaranty Trust bank plc (GTbank) has declared that it is paying its shareholders 30 kobo interim dividend. According to the statement, only shareholders who name appear in the register at the close of business of August 23, 2017 while payment will be made in September, 2017. The statement reads: An interim […]
DEAP capital Management and Trust plc is reporting NGN463.9 million loss for the financial year 2013 compared to NGN221.1 million loss recorded in the year 2012. The company’s investmemt income reduced to 7.7 million in the year 2013 in contrast to 43.6 million in the previous year while total income […]
After reporting huge loss for the financial year 2013, DEAP Capital management and Trust plc is reporting NGN494.8 million profit for the financial year 2014 compared to NGN428.5 million loss for the year 2013. The company’s investment income increased to NGN877.2 million in the year 2014 compared to NGN855 million […]