Companies and Markets

Nigeria’s Stanbic IBTC Bank will offer shareholders the option to receive scrip dividends in lieu of cash dividends over the...

Dangote Cement , controlled by Aliko Dangote, Africa’s richest person, has approached South African rival PPC about a takeover. PPC...

A receiver appointed to rescue Arik Air, Nigeria’s largest airline, is holding talks with creditors and is not negotiating a...

Oando Plc held its annual shareholder meeting on Monday after regulators gave it the green light despite an ongoing dispute...

Access Bank said on Wednesday it had booked a 4 billion naira ($13 million) impairment on its loan to troubled...

Allianz Germany’s Allianz said on Wednesday it is buying control of Nigerian insurer Ensure Insurance Plc in a push for...

United Bank for Africa (UBA) said on Tuesday it had made a provision on loans made to 9mobile, the mobile...

9mobile Emerging Market Telecommunications Services Ltd.,(EMTS) trading as 9mobile former Etisalat, has informed its subscribers of some disruption in its...

Nigerian Breweries (NB) Plc on Wednesday led the gainers’ table on the Nigerian Stock Exchange (NSE) in a cautious trading....

Shoprite South Africa-based Shoprite matched estimates with a 12 percent rise in annual profit on Tuesday, as consumers battling recession...