Guinness declares N265bn revenue, PAT up 53% to N25.3bn
By Etop Ekanem Guinness Nigeria Plc has reaffirmed its confidence in the strength and future of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its […]
Transcorp, NNPC sign production sharing contract on OPL 281
Transnational Corporation of Nigeria (Transcorp) Plc, Nigerian shareholders, and the Nigerian National Petroleum Corporation (NNPC), have signed a production sharing contract for the exploration and production of OPL 281, under which Transcorp committed to a work programme to prove and develop an estimated 104 million barrels of oil reserves, an additional 335 million barrels of probable reserves, and approximately 4 trillion cubic feet (tcf) of natural gas reserves.
Police can change PFAs with transfer window –PenCom
THE National Pension Commission, PenCom, has said that every police officer will, in line with section 11(2) of the Pension Reform Act, PRA, 2004, be at liberty to transfer to another Pension Fund Administrator, PFA, of his/her choice as soon as the transfer window is opened by the Commission
Businesstoday online unveils nominees for 2013 insurance award
BUSINESSTODAY Online, a Nigerian business news website has released the names of nominees for the 2013 Nigerian Insurance Businesstoday award.
Custodian & Allied records 90.7% profit increase in Q1
Custodian & Allied Plc has announced profit before tax of N1.3billion for the unaudited first quarter results ended 31 March 2014. This indicates an increase of 78.5 per cent over the N746.9 million recorded in the corresponding period of 2013.
Transcorp Hilton set for World Economic Forum
With few days to go to the 24th World Economic Forum on Africa (WEF), the management of the Official Host Hotel, Transcorp Hilton Abuja has assured the public of its preparedness to host a hitch-free event and provide a world class hospitality experience for all the visiting delegates.
