Tuesday, May 18, 2021
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CATEGORY

Companies & Markets

Insurance firm bags UK’s IFoA Quality Assurance accreditation

By Rukayat Adeyemi Lagos, May 18, 2021 The Institute and Faculty of Actuaries (IFoA) has awarded a Quality Assurance Scheme accreditation to AIICO Insurance, making...

Afreximbank closes $1.3bn bond issuance

By Folasade Akpan Abuja, May 18, 2021 The African Export-Import Bank (Afreximbank) has successfully closed a 1.3 billion dollar dual tenor bond issuance, its...

Q1: Sovereign Trust Insurance announces N510m profit before tax

By Rukayat Adeyemi Lagos, May 17, 2021 Sovereign Trust Insurance Plc has announced a Profit Before Tax (PBT) of N510 million for the first quarter...

Equity Analyst See Dangote’s Brand as Best Buy for 2021

Following a good start to the year, Dangote brand is doing well among big names listed on the floor of the Nigerian Exchange with...

Dangote Cement restates commitment to closing demand-supply Gap

…As construction of Okpella cement factory nears completion Following the surge in demand for cement products in the country, Dangote Cement Plc has restated commitment...

Equity Analysts Spot Buying Opportunity in MTN Nigeria after Earnings Beat

Equity analysts at Vetiva Capital limited spots buying opportunity in MTN Nigeria Plc.’s stock after the telecommunication giants beat earnings estimates in the first...

DANGCEM: Analysts Raise Earnings Per Share Estimate by 11.8% to N16.66

Equity research analysts have raised Dangote Cement Plc.’s earnings per share (EPS) estimate for the financial year 2021 by 11.8% to N16.66, citing improve...

Nigeria’s animal feeds manufacturer earnings Quality Drop as Revenue, Profit Jump

In 2020, Livestock Feeds Plc. –pioneer manufacturer of animal feeds in Nigeria– recorded its highest revenue on records since the financial year 2014, analysts...

Airtel Africa now valued at $2.65bn after $300m strategic investment deal

Airtel Africa has disclosed that it has signed a $300m strategic investment with The Rise Fund and Mastercard, which has increased the value of...

S&P: FBNH, FirstBank boards’ changes ensured stability

S&P Global Ratings said changes to the boards of First Bank of Nigeria Limited and FBN Holdings (FBNH) Plc, recently directed by Central Bank...

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