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Daily Business News Brief – March 28th, 2024

28
Mar

Access Holdings grows profit by 306% as assets hit N26tn – Punch
Access Holdings grew profits by 306.91 per cent to N619.32bn for the financial year 2023 from N152.20bn recorded in the previous year.
This was disclosed in the consolidated and separate statement of financials for 2023 filed with the Nigerian Exchange Limited on Wednesday………………………………………………………… ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
Caverton injects N1bn in local boat building – Dailytrust
The management of Caverton Offshore Support Group said it has so far injected about N1bn in in-country boat building to check capital flight in local boat building by 70 per cent.
The Chief Executive Officer of Caverton Offshore Support Group, Mr Olabode Makanjuola, made the revelation during a guided tour of Caverton Marine Boatyard in the Badore area of Ajah, Lagos, on Wednesday…………………………………………………………… ……………………… .. . .,.. ………… …….. ………………… … .. …… ..  …. . ……….. ………. …………. . ….. . … …………….……..Read More
VFD Group targets SplitXchange for alternative finance – Vanguard
VDF Group Plc has stressed the need for increased financing for the entertainment, media and other industries to boost foreign exchange earnings and economic development.
The Managing Director of Splitar Limited, Mr Folagbade Adeyemi, stated this while speaking at the Capital Market Correspondents Association of Nigeria (CAMCAN) quarterly Forum, hosted by VFD Group Plc.. .  . … ………. …………………..,……………………………………………….. …. …… . ……… . ……………… . …………………………. ….:,….. … ……….. .. ……..  . ……… .., … .. .,……. .. …… . ….. . … …………….……..Read More
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