Dangote takes ‘Staying Safe Together’ initiative to schools, women, others
Businessam StaffNovember 21, 2020
The year 2020 has been a tough year globally with the advent of the coronavirus pandemic and as part of activities marking the 2020 Global Sustainability Week, employees of the Pan-African conglomerate, the Dangote Group flagged off an employee volunteering initiative tagged “Staying Safe Together, TheDangote Way”. The initiative is focused on enlightening the public about preventive and […]
Tetra Pak Nigeria commits to protect food, people, planet at 2020 Sustainability Report launch
Zainab IwayemiNovember 19, 2020
By Zainab Iwayemi To invest €2.5m in waste recycling in Nigeria by 2030 Following an annual tradition since 1999, Tetra Pak for the 21st time has published its 2020 Sustainability Report in celebration of this year’s progress in the drive towards the protection of food, people and futures, especially as the year […]
Farmcrowdy unveils new agro-tech platforms, eyes 2 countries in 2021
Hamid AyodejiNovember 19, 2020
By Hamid Ayodeji Farmcrowdy, a leading technology driven agricultural firm in Nigeria has launched new e-commerce, trading and aggregation platforms for smallholder farmers and other stakeholders, as it gave hints of a possible berth in two other countries in 2021. The new platform is part of the firm’s expansion strategy to grow its service […]
Jobberman, Coursera partnership to empower 5m Nigerian youths
Hamid AyodejiNovember 17, 2020
By Hamid Ayodeji Jobberman, the single largest job placement platform in Nigeria, and Coursera, the world’s leading online learning platform, have formed a partnership driven towards offering its widely recognised soft skills training in order to empower young peoples with the skills and technical knowhow required for enhanced performance at their careers. The partnership […]
Analyst sees NAICOM adopting Tier-based minimum capital structure earlier proposed
Zainab IwayemiNovember 17, 2020
By Zainab Iwayemi As recapitalisation deadline draws near It is less than 60 days left to the big day when Nigerian insurance and reinsurance companies are expected to present at least 50 per cent and 60 per cent of their respective capital bases as prerequisites from the Nigerian Insurance Commission (NAICOM). Consequently, it […]
Dangote Cement sees Q3 revenue rise 34.2% as 9-months’ in at N761.4bn
Charles AbuedeNovember 11, 2020
By Charles Abuede PAT = N208.68bn Dangote Cement Plc, a subsidiary of the Dangote Group and the largest cement manufacturer in Africa, has reported a 34.2 per cent year-on-year growth in its revenue to N284.59 billion for the three months ended September 2020 from N212.06 billion recorded during the same period in 2019, […]
Coumantaros, Flours Mills chief, canvasses adequate infrastructure, policy consistency for economic growth
Hamid AyodejiNovember 11, 2020
By Hamid Ayodeji John Coumantaros, one of Nigeria’s biggest industrialists and investors, and chairman of Flour Mills of Nigeria, has said that adequate infrastructural development and enforcement of prosperous policies and regulations by the Nigerian government are crucial for the sustainable development of the agricultural sector, and the economy as a whole,as they make […]
P+ Measurement gets praises as it marks 5 years of operation in Nigeria
Zainab IwayemiNovember 10, 2020
By Zainab Iwayemi P+, anagency with expertise in media monitoring, public relations measurement and audit, has marked five years of operation in Nigeria, with two senior corporate executives praising its work, according to a statement made available to Business A.M. In its five years of operation, the agency said it has earned a position […]
Analysts see subdued market reactions to Fidelity Bank shares as Q3 PBT come in at N9.4bn
Charles AbuedeNovember 5, 2020
By Charles Abuede But shares outperformed NSE-ASI to rally at +19% return on the index Customers deposit grew 7% Q/Q Following a third quarter earnings decline analysts at FBN Quest Capital Research say they expect to see a subdued reaction from the market to the shares of Fidelity Bank, even while noting that […]
Sahara Energy Geneva appoints Mignot as CFO to drive growth strategy
Zainab IwayemiNovember 5, 2020
By Zainab Iwayemi Sahara Energy Geneva, a leading international energy and infrastructure conglomerate with business operations in over 42 countries, has appointed Nicholas Mignot as the new chief financial officer to oversee the growth and expansion of the company’s strategies globally. The appointment, which is to take effect from January 4 2021, is expected […]