230+ EU companies active in Nigeria, creating 130,000 jobs: Study
Over 230 European Union companies are currently operating in Nigeria, accounting for over 130,000 jobs in the country’s economy, according to the report of...
PZ Cussons cuts dividend, warns on profits over naira’s fall
PZ Cussons, the consumer goods company behind brands like Carex and Imperial Leather, issued a profit warning and cut its interim dividend today, citing...
Shell quits Nigeria onshore after 86 years
Shell said on Tuesday that it has agreed to sell its Nigerian unit Shell Petroleum Development Company (SPDC), which operates its shallow water and...
Cadbury Nigeria gives parent company more stake to settle dollar debt
Nigeria's foreign exchange crisis is forcing a major sweet maker to take bitter medicine.
Cadbury Nigeria, struggling under dollar debt and a devalued naira, plans...
Syringe company endorsed by former Akwa Ibom governor shuts down
Jubilee Syringe Manufacturing Ltd., a syringe company that set up in Akwa Ibom in 2016 with the backing of the state government, has ended...