Companies

In the wake of news flying around that Ecobank, a leading tier-2 financial institution in Nigeria, has warned Nigerians and the investing public against the acquisition of Honeywell Flour Mills by Flour Mills of Nigeria, the Nigerian food producer, Honeywell Flour Mills, has come forward to assure stakeholders that the majority stake acquisition was made […]

Tetra Pak, a world-leading food processing and packaging solutions company, says it is launching a fully renewable aseptic package by 2023 and that it would achieve a 70 percent recycling rate in Europe by 2025 while also setting an ambitious commitment to reach a 46 percent GHG reduction across its value chain by 2030, in […]

  Important for retaining shareholder value Crisis inevitable, but timely information provides data-driven response   Rapid, carefully thought-out and consistent response across channels is critical to retaining shareholder value in corporate crisis management scenarios, Obi Emekekwue, former director and global head of communications and events management at the African Export-Import Bank (Afreximbank) has said. Emekekwue […]

Konga, the Nigerian e-commerce company, and tier-1 lender, Access Bank, through a partnership are offering free delivery of essential and quality food items to needy Nigerians across the country during the 2021 edition of Konga Yakata.   In a statement made available to Business A.M., the company said interested and public-spirited Nigerians at home and […]

Standard Bank and Flutterwave, two well regarded institutions in Africa, have teamed up to explore digital transformation frontiers in the areas of e-commerce, card issuing, payments, collections, USSD, lending, and buy-now-pay-later for millions of Africans. The collaboration will also be channelled to enhance digital payments experiences for customers in Nigeria, Zambia, Tanzania, Uganda, Ghana, Mauritius, […]

Transcorp Hotels Plc., which owns Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has reported a massive 149 percent rise in its gross profit to N10.8 billion on a revenue growth of 115 percent to N14.6 billion for the third quarter ended September 30, 2021, according to its unaudited financial results seen […]