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Caverton Offshore Support Group Plc, (COSG), provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria, has recorded improved financial results for the half year(H1) ended June 30, 2018. The results show significant increases in the revenue, profit before tax (PBT) and profit after tax (PAT), earnings per share among others…
More details through: https://www.thisdaylive.com/index.php/2018/07/27/caverton-offshore-support-group-records-profit-of-n1-56bn-in-six-months/
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Shoprite Nigeria recently opened its 25th store in Novare Central, the newly launched shopping mall in Wuse, Abuja. Shoprite Wuse promises to be a destination of choice for shoppers in Abuja. In addition to offering consumers the lowest prices on everyday grocery items, the new store also has an extensive range of quality products and a number of in-store fresh food departments including a Meat Market, Bakery and Fresh Fruit & Vegetables…
More details through: https://www.vanguardngr.com/2018/07/shoprite-nigeria-opens-its-25th-store/ Google launched a network of free Wi-Fi hotspots in Nigeria on Thursday, part of its effort to increase its presence in Africa’s most populous nation. The U.S. technology firm owned by Alphabet Inc has partnered with Nigerian fibre cable network provider 21st Century to provide its public Wi-Fi service, Google Station, in six places in the commercial capital Lagos, including the city’s airport…
More details through: https://www.reuters.com/article/nigeria-alphabet/google-launches-free-wi-fi-hotspot-network-in-nigeria-idUSL5N1UL6EC Edmark group of companies, a multinational, has unveiled its state of the art international event centre in Lagos, just as it announced its venture into real estate business in Nigeria. It also revealed that its second project is currently under construction in Lekki, Eti Osa Local Government Area of the state, to mark the flag off the project…
More details through: https://guardian.ng/business-services/edmark-to-invest-in-real-estate-unveils-n5billion-centre/ The Federal Government on Wednesday unveiled the branding and livery for the new national carrier, Nigeria Air, and stated that the airline would be inaugurated at the end of this year…
More details through: http://punchng.com/fg-unveils-new-national-carrier-nigeria-air-targets-81-routes/ United States of America’s companies operating in Nigeria invested $1.3bn in the economy in 2017, a survey by the American Business Council has shown.
The investment, according to the council, generated over N2.6tn revenue for the 74 American companies that participated in the survey… More details through: http://punchng.com/us-companies-invest-1-3bn-in-nigeria/ MB Automobile Services Limited – one of the authorised passenger car dealers of Westar Associates Limited, says it has unveiled a world-class, state-of-the art showroom in Lagos.
It said in a statement that the decision was informed by its resolve to establish a strategic point of sale location that would appeal to customers and provide easy access and better customer service for existing and prospective high net worth clients in Lagos… More details through: http://punchng.com/mercedes-benz-gets-new-lagos-showroom-sells-1-18-million-cars/ The Africa Finance Corporation, (AFC) has signed a $35 million debt facility agreement with Waltersmith Refining and Petrochemical Company Limited, for a proposed 5,000 barrel per day (bpd) refinery project to be situated in Imo state…
More details through: https://www.thisdaylive.com/index.php/2018/07/18/afc-grants-waltersmith-35m-facility-for-refinery-project/ The International Monetary Fund (IMF) yesterday upgraded its growth rate forecast for Nigeria’s Gross Domestic Product (GDP) in 2019 to 2.3 percent, while retaining 2.1 percent for 2018, citing improved crude oil prices…
More details through: https://www.vanguardngr.com/2018/07/imf-upgrades-nigerias-2019-gdp-growth-forecast-to-2-3/ KWESÉ TV, Nigeria’s newest satellite pay-TV network, and 9mobile have signed a distribution agreement for the sale of Kwesé TV decoders through 9mobile experience centres across Nigeria. The partners, in a statement on Sunday, stated that prospective Kwesé TV customers could visit any participating 9mobile store and purchase a Kwesé kit, comprising a dish, decoder with one-month free subscription and installation for N10,960…
More details through: http://punchng.com/kwese-tv-9mobile-sign-distribution-agreement/ |
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