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FCMB Group’s 2022 Revenue Hits N283bn, Profit Surges 61% To N36.6bn
FCMB Group Plc has released its audited results for 2022, reporting a Profit Before Tax (PBT) of N36.6 billion, representing a 61% Year-on-Year growth. Double-digit growth was recorded across all business segments, with the banking…
Access Holdings Invests $300million To Boost Bank’s Continental Expansion Drive
Herbert Wigwe, GMD/CEO, Access Bank
Access Holdings Plc has announced the injection of a $300 million capital investment into its flagship subsidiary, Access Bank Plc to boost the capital needs of the bank’s expansion across Africa.
…
BUA Foods’ Records Massive Growth In Annual Revenue, Rakes In N418billion
One of Africa’s most valuable companies, BUA Foods has reported a massive surge in profit, boosting its profit line with revenue growth of 26%., to N418.3 billion for the full year 2022.
The report was made known by the Chairman of…
‘Airtel Women Network’ Launched To Bridge Gender Equity
L-R: Director, Airtel Business, Ogo Ofomata; Director, Corporate Communications and CSR, Femi Adeniran; Former Director General, Nigeria Securities and Exchange Commission, Arunma Oteh; Director, Human Resources, Airtel Nigeria, Adebimpe…
Coca-Cola Unveils New Global Brand Identity For Fanta
Coca-Cola has unveiled a new global brand identity for its soda brand Fanta. It is interesting to note that Fanta's rebrand follows the redesign of two other leading drinks brands in the sector. Beverage Company, PepsiCo…
MFS Africa Partners Access Bank To Expand AccessAfrica Remittance Corridors
MFS Africa, the largest digital payments network in Africa has partnered with Access Bank, Nigeria’s largest bank to expand AccessAfrica remittance corridors.
AccessAfrica is Access Bank’s service that allows customers to…
Transcorp Hotels Records Phenomenal Growth As Net Profit Rises By 172 Per Cent
From left: Non-Executive Director, Mr. Peter Elumelu; Non-Executive Director, Dr. Owen Omogiafo; Non-Executive Director, Mr. Alex Okoh;, Managing Director/CEO, Mrs. Dupe Olusola; Chairman, Mr. Emmanuel Nnorom; Independent Non-Executive…
Interswitch Hits Record-Breaking 1.2billion Transactions In March
One of Africa’s leading financial technology and integrated payments solution providers, Interswitch has announced its new milestone achievement as it passed 1.2 billion transactions in March 2023.
According to the fintech company,…
Dangote, BUA, Nestle, Cadbury, Others Record N3.6tn Revenue
Despite the harsh operation environment faced by businesses in 2022, some of Nigeria’s leading conglomerates and manufacturers made record revenue in the financial reports.
According to the Nigerian Exchange Limited (NGX), figures…
Brands That Brought The Big Brother Titans To Your Screen
The first season of the Big Brother Titans reality show is now over. South Africa’s Khosi Twala emerged winner and first Titan of the debut season of the Big Brother Titans. She took home the grand prize of $100,000…