Thursday, December 7, 2023
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FMN Records 33% Revenue Growth And Strong Margin Growths In Q2 2023/24

BUSINESS & ECONOMY
Flour Mills of Nigeria Plc (FMN) today reported its financial results for H1’24, showing strong revenue growth of 34% year-on-year to N964.6 billion. Gross...

Olam Food Ingredients (OFI) Marks Dairy Milestone Adding Manufacturing Capacity To Meet The Needs Of Customers Across The Middle East And Africa

AGRIC BUSINESS
Ofi, a global leader in naturally good food and beverage ingredients, has increased its ingredient manufacturing footprint by adding significant capacity to its dairy...

ANKA Secures $5M Funding In Pre-Series A Extension To Export Africa

BUSINESS & ECONOMY
ANKA, the “all-in-one SaaS for global African businesses'', has announced the closure of a US$5M pre-Series A extension round led by the International Finance...

Sustainability Report 2022: Building A Future-Fit, Resilient Interplex

COMPANY PROFILE
Specialist in advanced design and manufacturing of customized connectors and high precision product solutions, Interplex has released its Sustainability Report 2022. Key highlights of...

Google Appoints Alex Okosi As Managing Director For Africa

BRAND WATCH
Google today announced that Alex Okosi, currently Managing Director for YouTube in EMEA Emerging Markets, will take on the role of Managing Director for...

Finverity Hires New CMO And Repositions Brand And Products As It Prepares For Next Phase Of Growth

BUSINESS & ECONOMY
 Finverity, the trade and supply chain finance digital ecosystem, today announces the repositioning of its brand and product offering, together with the appointment of...

Coca-Cola Named Most Valuable, Strongest Non-alcoholic Drinks Brand

BRAND WATCH
Coca-Cola (brand value down 5% to USD33.5 billion) retains its title as the world’s most valuable non-alcoholic drinks brand, according to a new report...

Sterling Bank CEO Increases Stake By 50m Shares

BANKING & FINANCE
Abubakar Suleiman, the Chief Executive Officer (CEO) of Sterling Bank, has acquired 50 million units of the shares of Sterling Financial Holdings Company Plc...

Chain Reactions Africa Leverages Growth Plan, Appoints Nkiru Oguadinma As Executive Director, Growth 

COMPANY PROFILE
In keeping with its recently announced ambitious 10-year growth strategy, leading public relations and reputations management consultancy, Chain Reactions Africa has announced the appointment...

Transcorp Revenue Rises by 31% To N82bn

BUSINESS & ECONOMY
Transnational Corporation Plc (TRANSCORP), has disclosed that its revenue for the half year of 2023 grew by 31 per cent and that it achieved...

Cadbury Declares N14.52b Loss In 2023 Half-year

CAPITAL MARKET
With about N20.77billion foreign exchange losses, Cadbury Nigeria Plc has declared N14.52 billlion loss before tax in half year (H1) ended June 30, 2023...

NGX Market Cap Nears N36trn As Seplat, MTNN And Geregu Rally

CAPITAL MARKET
On Tuesday, investors on the Nigerian Exchange (NGX) kept the fire burning as market capitalization climbed near N36 trillion. Following a N1.33 trillion gain...
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