Company Report
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Nestlé Nigeria celebrates 6th batch of technical training program graduates
Oluwadarasinmi Adesakin is a beneficiary of Nestlé Nigeria’s 18-month Technical Training program which aims to bridge the skills gap by equipping youth with the required expertise to support industrialization. He is the best graduating student of Batch 6. A citizen of Oyo State, Darasinmi obtained his National Diploma in Mechanical Engineering from the Petroleum Training Institute in Warri, Delta State. The…
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Talent development is key to economic sustainability, says Head, Governance, Sustainability, Honeywell Group
Head, Governance and Sustainability at Honeywell Group, Yewande Giwa andHead, Startups, Lagos Innovates, Ireayo Oladunjoye discussed the impact of Honeywell Group’s partnership with the Lagos State Employment Trust Fund (LSETF). The conversation centered on the role of the partnership in equipping young Nigerians with tech skills for employability and global competence aired on Traffic Radio (96.1 FM), Lagos. A report…
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N6.1bn other income lifts PZ Cussons Nigeria profit to N7.6bn in Q2
A total of N6.1billion other income pushed PZ Cussons Nigeria Plc profit to N7.6billion in the second quarter (Q2) ended November 30, 2022, representing an increase of 228 per cent from N2.57billiion reported in second quarter of 2021. The Household company reported N6.1billion other income in the period under review as against N3.1billion in Q2 2021. The latest unaudited financial…
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Increase market engagement, NGX nudges Red Star on 30th anniversary
Nigerian Exchange Limited has urged Red Star Express Plc to extend its market engagement activities. The Exchange, on Thursday, held a Closing Gong Ceremony to commemorate the 30th anniversary of Red Star Express Plc. The Divisional Head, Capital Markets, NGX, Mr Jude Chiemeka congratulated the firm on successfully weathering the challenges of the Nigerian business environment while delivering value for…
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Dangote Cement shareholders approve 10% share buy-back programme
Shareholders of Dangote Cement, on Tuesday unanimously authorised the management of the company to undertake a share buyback of up to 10 percent of its issued shares, effective from the date of the resolution. The company had earlier indicated an interest in undergoing a share buyback programme, in respect of up to 10 percent of its issued shares, for the…
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Heritage Bank supports over 500 widows, receives UN Award for Humanitarian Service
Heritage Bank has been bestowed with the 2022 United Nations Award for Humanitarian Service by the Widows & Orphans Support Society of Nigeria (WOSSA). The award ceremony was held in Lagos to mark this year’s International Widows Day with the theme: “Gender Equality Today for a Sustainable Tomorrow”. The event was an opportunity to recognize Heritage Bank’s Corporate Social Responsibility…
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Accolades as Buhari presents another award to BUA Chairman, Abdul Rabiu
President Muhammadu Buhari was on hand to present yet another award to the Chairman of BUA Group, Abdul Samad Rabiu at the instance of the Nigeria military. The event was the Chief of Army Staff Annual Conference which took place in Sokoto. The Army used the occasion to honour some Nigerians with Recognition Awards for their support. Chief among them…
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2022: Dangote Industries wins FMDQ largest corporate lodgment award
In a blaze of honour, the Pan-African conglomerate, Dangote Industries Limited (DIL) and its Africa’s leading cement manufacturing subsidiary, Dangote Cement Plc were adjudged the Largest Corporate Bond lodgment on FMDQ in gold category and the 2022 Most Trusted Brand of the Year respectively. On the back of the Largest Corporate Bond lodgment on FMDQ award came another recognition with…
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Honeywell Group shares insights on effective public-private sector partnership
Honeywell Group’s Senior Adviser on Government Relations, Oluwayemisi Busari, has said that effective public-private partnership is a must in building businesses that transcend generations. She shared her thoughts with newsmen on the sidelines of the 28th Nigeria Economic Summit (NES28) held in Abuja recently. According to a World Bank Report, about 800 million people live without electricity; 2.2 billion people…
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LCCI hails Dangote on provision of infrastructure, job creation
Sustained efforts of Dangote Industries Limited at providing basic infrastructure through various intervention projects have received the commendation of the Lagos Chamber of Commerce and Industry (LCCI). President of LCCI, Dr. Micheal Olawale-Cole in his remarks yesterday at Dangote Group’s Special Day at the ongoing Lagos International Trade Fair said the foremost indigenous conglomerate has contributed significantly in providing solutions…
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