By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE) – Courteville Business Solutions Plc, operating in the Commercial/Services Sector of the Nigerian Stock Exchange (NSE) has stormed London United Kingdom (UK) to promote Nigerian Investment Opportunities.

Courteville is the Platinum Sponsors to the African & Caribbean Business Expo, the biggest business-focused event taking place anywhere in London during the Olympic Games.

Adebola Akindele, Group Managing Director/Chief Executive Officer (GMD/CEO) of Courteville at the Company’s “Fact behind the Figures” in May 2012 at the Nigeria’s Exchange in Lagos Nigeria said already, plans were in top gear to expand its operations to most African countries within the next 18 months.

Akindele affirmed that the Company had concluded plans to boost its business beyond the shores of the country.

“Plans are in top gear to expand our operations to most African countries within the next 18 months; Courteville listed in the Commercial/Services sector of the Nigeria’s Exchange is currently operating in over 18 states of the Federation.

Apart from our plans to expand into the African and Caribbean Markets, we also plan an increased concentration on e-business solutions, as well as the expansion of AutoReg MVAD franchise into other States in Nigeria” he affirmed.

As earlier reported, Courteville since listing on the Floor of the Nigeria’s Exchange in 2009 has been consistent in declaring Profit, from 2009 to 2011 Financial Year Ends (FYEs).

In the three year (3) periods, the Firm has posted a Profit After Tax (PAT) of N181, 144,102 million, 179,427,759 million and N245, 353,061 million in years 2009, 2010 and 2011 respectively.

Also, since listing on the Floor of the Nigeria’s Bourse in year 2008, Courteville has consistently paid investors of the Company a higher dividend.

The Company paid 0.4 Kobo dividend for years 2009 and 2008 respectively, a dividend of 4.5 Kobo in year 2010 and now has rewarded its shareholders with a 5 Kobo dividend living up to its promise of paying a higher dividend on a consistent basis.

In the same vein, Courteville and 12 other Firms are amongst the 13 Quoted Companies that were commented for Good Corporate Governance by the Nigerian Stock Exchange (NSE) in April 2012.

The NSE said the Companies were given this commendation for exceeding the minimum Post-Listing standards prescribed for Financial Disclosure by filling their Audited Accounts for the Year Ended December 31 2011 ahead of time.

“The Exchange is pleased to recognise Quoted Companies who exceeded the minimum Post-Listing standards prescribed for financial disclosure by filing their Audited Accounts for the year end December 31, 2011 ahead of time” the Statement said.

According to the Nigeria’s Exchange, under the Post-Listing rules, Companies are expected to file their Audited Accounts within three (3) months after the Year-End and for Companies in the December category the scheduled filing date is March 31.

For Courteville and the other 12 Firms to earn the commendation for Good Corporate Governance, the NSE said as at close of business on Friday, March 23, 2012, 13 out of 119 active listed Companies on the Main Board had submitted their financial information to The Exchange.

“We recognise the efforts as well as the Good Corporate Governance standards adopted by these Companies who took appropriate steps to ensure that their financial statements were filed ahead of time” the NSE said.

About Courteville

Courteville Business Solutions PLC was incorporated in 2005 as a Limited Liability Company. At this time, the company was set up as a business and financial advisory institution.

The Company migrated towards the provision of business solutions based on the opportunities that exist in the motor vehicle administration documentation and other government public service processes.

In November 2008, our Operations and Management Systems were certified to be in line with International Standards under the ISO 9001:2008 approved standards. We are the only company so certifed from the Business Solutions Development Sector of the Nigerian economy.

Our mission is to become a business solutions development company driven by the passion to touch the life of every citizen of the world.

Mission

Our mission is to deepen business relationships and to optimize stakeholders’ values. We believe that the relationship with each set of stakeholders is unique and all should be mutual, satisfactory and optimal. Client, shareholders, government, staff, the community, alliance partners.

Quality Policy

– The provision of Business Solution products/services that meet both customer and    consumer requirements with the use of automated processes.

– This is done in strict compliance with all applicable regulatory and satisfactory     requirements.

– We are committed to periodic review and continual improvement of the company’s quality    management systems in order to achieve maximum resource utilization and profitability   (benefits).

Quality Objectives

– Improving service delivery process with the aim of achieving customer satisfaction.

– Implementation of quality driven processes capable of responding the dynamism of the    industry.

– Implementation of a quality management system (based on ISO 9001:2008 Standard)    which ensures compliance with customer, regulatory and statutory requirements.
Our Symbol

Symbolism

The company logo presents six specific images. These six images form the various points of the Courteville Value Hexagon, which are incorporated in the logo.

Bond

A line down the middle creates matching elements on both sides and the seamless fusion signifies a bond. A strong bond exists between Courteville and her stakeholders.

Support from the base, two hands are seen supporting the rest of the form. This image represents the primary mission of Courteville, which is to provide a strong and sure support to its clients’ businesses.

Solidity

The beige background symbolizes the firm and permanent ground on which the values of Courteville are cast. These unshakeable principles, encapsulated in our E-expressions, guide our business relationships and service delivery.

Anchor

The beige background, symbolic of marble, on which the blue center rests represents the solid foundation on which Courteville’s values are built. The two lines represent the cords that hold Courteville in place, never wavering, never indecisive.
   
Relationship

The two lines also demonstrate our belief that each relationship is unique and to be treasured. At Courteville we recognize that each client’s business needs are unique and we treat them as such. Our clients are our greatest assets.

Source: Courteville Business Solutions website

Related Articles:

1.Shareholders Commends Courteville for consistent dividend payment

2. Courteville Reports 352 unclaimed dividend Warrants

3. Courteville projects N89.695 million PAT in Q3 of 2012

4. Courteville Grows Shareholders fund by 17% in Q1 of 2012

5. 2009-2011: Courteville, Dangote , Zenith, 59 others record consistent Profit

6. Corporate Governance: Courteville, Nestle earn NSE commendation

7. 2011 end: Courteville Board recommends 5 Kobo dividend to shareholders

8. Courteville signs $10 million deal with Sierra-Leone on vehicle documentation

9. Courteville extends AutoReg to 18 states, post Turnover of N810.173 million in Q3 of 2011