Companies

Dano milk maker Arla Foods opens Kaduna farm with big target

Danish-based Arla Foods, maker of Dano milk, has opened a dairy farm in Kaduna...

Buhari leaving without fixing refineries as Dangote Refinery opens

President Muhammadu Buhari has commissioned the 650,000 barrels a day (b/d) Dangote Refinery in...

LinkedIn to lay off 716 employees

Microsoft-owned LinkedIn has announced its plans to lay off 716 employees. The figure represents...

Nigerians may pay more for drinks if Sudan crisis lingers

The conflict in Sudan is threatening the supply gum arabic, a key ingredient used...

Elumelu, Otedola fight for control of Transcorp

The billionaires have each raised their stakes in the company in the last two weeks, with each trying to outmanoeuvre the other.

MultiChoice increases Nigeria DSTV rates by over 18%

South African Pay TV provider, Multichoice, has announced new rates for its Nigerian subscribers. The...

Falcon Aero unveils platforms for business jet booking

From its base in Nigeria, Falcon Aero plans to extend its operations to other African countries with West and East Africa being focus regions.

Exxon declares force majeure on oil liftings, a blow to Nigeria

ExxonMobil says its units in Nigeria cannot load oil due to an industrial action by its staff, a development with implication for Nigeria's revenue.

Nigerian govt files immigration suit against Seplat Energy

The federal government has filed charges against energy company Seplat Energy and some of...

Fanta changes logo with launch of first-ever global identity

Fanta has become the latest soft drink brand to unveil a new look, following...

Google tackles online loan sharks, a relief for Nigerian debtors

Google has announced it will further tighten its policies for loan apps on its...

Nigeria’s ailing economy ends iconic brands Omo, Lux. And it’s big deal

Nigerians will no longer have the iconic products Omo and Lux in the market....

Elon Musk replaces Twitter’s bird icon with Doge meme

The price of cryptocurrency Dogecoin spiked more than 30% on Monday after Twitter CEO...

Capital Hotels, owners of Sheraton, leave Nigeria exchange after another loss

Capital Hotels, owner of former Sheraton Hotel, says it is delisting from the Nigeria...

Scramble for Oando ‘payout’ as firm announces delisting

Energy firm Oando Plc says it will cease to be a public company by...

Pepsi has a new logo — first in 14 years

Pepsi has designed a new logo, its first since 2008, as part of its...

SLB, formerly Schlumberger, opens new regional office in Lagos

The world's largest oilfield firm SLB, formerly called Schlumberger, has opened a new West...

Norway’s Dolphin Drilling picks $325,000-a-day Nigeria job

Norway-based Dolphin Drilling, a company that drills for oil offshore, has signed a new...

Seplat ends consultancy with founder and ex-chairman Orjiako

Energy firm Seplat says it has terminated a consultancy agreement with its co-founder, A.B.C...

Amazon to lay off 9,000 workers

E-commerce giant Amazon says it will lay off 9,000 more staff by the end...