PZ Cussons Nigeria shares rise on takeover news
PZ Cussons Nigeria's shares jumped Monday after its majority shareholder, UK-headquartered PZ Cussons Holdings, announced plan to acquire all other shares in the Nigeria...
After 40 years, Lagos rail opens with offer of 15 minutes for 2-hour trip
Nigeria’s economic capital and one of its most chaotic cities, Lagos, finally has a functional light rail.
The long-planned rail service, opened Monday by Gov....
Eni sells Nigerian unit Agip to Oando
Italian energy group Eni has signed an agreement to sell its unit Nigerian Agip Oil Company (NAOC) to Nigeria's Oando, both companies announced on...
Coup: Without ‘big stick’ on Niger, we’ll suffer consequences – Tinubu
President Bola Tinubu said the coup in Gabon confirmed his fears that “copycats” will replicate military takeovers on the African continent until the trend...
South Africa’s Nampak closes Nigeria can plant; sells property, equipment
South African packaging company Nampak Ltd says it has closed its Nigeria metals business and is selling property, equipment and machinery to Twinings Ovaltine...