Company News Archives - Business Journal

The new strategic plan, which redefines the strategic objectives and specific actions to be taken is a blue print document that reviews the organisation’s current performance status in comparison with its abilities, expectations from its members and stakeholders, requirements of African’s insurance and reinsurance markets as well as comparison with peers with a similar mandate.

Since its initial introduction in April of this year, the DHL Africa eShop app has seen its user base grow rapidly, and within the first three months of operation, it had already been rolled out to 20 countries across Sub-Saharan Africa (SSA). DHL Express announced this week that the innovative mobile and desktop platform is now available

Red Star Express Plc has consistently posted profit in its annual turnover. For the year ended in March 2019, the company recorded an impressive turnover of N10billion in the year under review which is 20% higher than the preceding year. This was announced at the 26th Annual General Meeting of the company held recently in Lagos.

Ford has officially launched SHE-MOVES (Strengthen Her: Mobilising Ventures for Social Innovation), a programme from Ford Motor Company and its philanthropic arm, the Ford Fund, which supports social enterprises that benefit women and children, and promotes access to sustainable mobility. “Through the concept of Whole-Person Leadership, SHE-MOVES provides female entrepreneurs and beneficiaries with opportunities to

RedStar Express Plc has expanded its operations to Benin Republic effective August 2, 2019 as it bids to provide logistics solutions for businesses across West Africa. The opening of the company’s office in Cotonou, the capital of Benin Republic, falls in line with an expansion drive that has seen the company open offices in Burkina

Nigerian distributed utility company, Arnergy, yesterday announced it has raised $9 million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI ElectriFI and All On. “We are excited to enter this next phase in Arnergy’s development with investors that share

One of Nigeria’s leading logistics and cargo generating company, Red Star Express Plc, has ventured into the cargo General Sales Agent services (GSA) as part of its expansion drive. This was announced at an exclusive interview with some of the company’s top management staff recently. This service which was introduced last Friday (June 14th), according

Gokada, the Lagos-based on-demand motorcycle taxi app, has secured a Series A fundraise of $5.3 million. Led by Rise Capital with participation from Adventure Capital, First MidWest Group, IC Global Partners and several local investors, Gokada will deploy its investment to expand its driver fleet, increase daily rides by 10 fold  and acquire local tech

Managing Director and Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has again reiterated that the over N5 trillion bad debts, which Nigerians expect AMCON to fully recover before its sunset should be seen as a collective problem that concerns all Nigerians irrespective of their socio-political, ethnic and cultural ideologies.