VFD Group Plc reported, has announced its unaudited Financial Results for the period ended September 30, 2024. According to the company’s results sent to the Nigeria Exchange Limited (NGX) it’s total assets rose by 35 per cent year-to-date to N295.86bn in September 2024 compared to N219.28bnbn in December 2023. […]
Category: Industry
Industry
Air Peace Boss, A Role Model In Integrity, Says Fidelity’s CEO
The Managing Director /CEO of Fidelity Bank PLC, Dr. Nneka Onyeali – Ikpe has described the Chairman/CEO, Air Peace Limited, West Africa’s largest carrier, Dr. Allen Onyema as a financially disciplined businessman whose integrity is worthy of emulation. The Fidelity boss made the commendation at the 10th anniversary celebration […]
Glenfiddich Unveils Bold Futures 2.0 with Returning Mavericks Mr Eazi & Nancy Isime, Introducing Ifeanyi Nwune & William Chechet
Glenfiddich, the world-renowned single malt whisky brand, celebrated the launch of its Bold Futures 2.0 campaign, continuing its mission to inspire individuals to embrace challenges, confront fears, and break through barriers on their path to success. At an exclusive press conference held at The Speakeasy, the brand introduced the Mavericks […]
Young Entrepreneurs Win TotalEnergies N24m Grant
From Left to Right: Temitope Yakubu, Interkool by Farm CI, Winner Best Entrepreneur Award in the Innov’Up category, Dr. Samba Seye, Managing Director TotalEnergies Marketing Nigeria PLC., Emmanuel Abah, Waste2light LTD, Winner Best Sustainable and Affordable Energy Award in the Power’Up Category, Mr. Matthieu Bouyer, Managing Director upstream companies of […]
Transcorp Hotels Occupancy Rate Grew To 83% In Third Quarter 2024
Transcorp Hotels Plc has announced its unaudited results for the third quarter ended September 30, 2024. According to the company’s statement, the company’s occupancy rate grew to 83 per cent in third quarter (Q3) of 2024 from 79 per cent in the corresponding period of 2023. Transcorp Hotels […]
Seplat Energy Announces NUPRC Confirmation Of Consent On MPNU Deal
Seplat Energy Plc, Nigerian energy company listed on both the Nigerian Exchange and the London Stock Exchange has announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that consent has been granted by the Honourable Minister of Petroleum Resources in Nigeria, President Bola Ahmed Tinubu, to proceed with […]
Champion Breweries Rolls Out Growth Plans, Considers Fresh Capital Via Public Offer
Champion Breweries Plc has rolled out its strategic future growth plans aimed at ensuring consistent dividend payment to shareholders. The company, at its “Facts Behind the Figures Presentation” at the Nigerian Exchange Ltd.,(NGX) in Lagos, assured shareholders and the entire capital market community of enhanced dividends in spite of […]
GM To Reassure Investors On EV Demand, Project Profit Growth By 2025
General Motors (GM) will reassure investors during its upcoming investor day that concerns over slowing demand for electric vehicles (EVs) are overstated, and the U.S. automaker remains optimistic about the potential for improved profitability by 2025, according to sources familiar with the company’s plans. This message marks a notable […]
FMN To Buy Out Minority Shareholders After Regulatory Approval
Flour Mills of Nigeria Plc (FMN), one of Nigeria’s largest food and agro-allied companies, has announced plans to acquire all shares held by its minority shareholders following the receipt of necessary regulatory approvals. In a statement issued to the Nigerian Exchange Limited (NGX), the company disclosed that its majority […]
NB Explains Reasons For N599bn Rights Issue
The Nigerian Breweries Plc has explained the reasons for its ongoing rights issue of N599 billion in the nation’s bourse. Mr Hans Essaadi, the Managing Director/Chief Executive Officer of Nigerian Breweries, said this at the company’s ‘Facts behind the offer’ at the Nigerian Exchange Limited in Lagos. Essaadi […]