Big Business

Forte Oil H1 Revenue Grew By 38%
Big Business

Forte Oil H1 Revenue Grew By 38%

Forte Oil PLC has released its H1 2016 result showing the company’s topline revenue for the year grew by 38%. For the period of June 2016, gross revenue rose to NGN84 billion versus NGN61 billion recorded last year. Cost of sales increased to NGN72 billion from NGN52 billion spent last […]

Stanbic Capital To Lead MTN Listing On NSE
Big Business

Stanbic Capital To Lead MTN Listing On NSE

MTN is finally preparing the listing of its shares on the Nigerian Stock Exchange, NSE. The company said it has appointed Stanbic IBTC Capital Limited to facilitate the process. The company said Stanbic IBTC Capital Limited would be exercising the mandate together with its affiliates, such as Standard Bank of […]

Novare Lekki Mall Set To Open
Big Business

Novare Lekki Mall Set To Open

Novare Equity Partners, one of Africa’s key investors in modern retail property is gearing towards launching Novare Lekki Mall, its first shopping mall in Lagos. Based on the information released by Novare, Shoprite and Game are anchor tenants for the mall. According to its filings, Novare launched its first fund, the Novare […]