Exxon Mobil leaves Equatorial Guinea after nearly 30 years
Exxon Mobil is leaving Equatorial Guinea after nearly three decades, citing its strategy to focus on "lowest-cost and fastest-growth locations." The company will transfer...
Uber records first annual profit
Uber, the ride-hailing and delivery giant, has finally reached a significant milestone: its first annual operating profit. This achievement marks a pivotal moment in...
MultiChoice agrees to pay Nigerian govt N35.4 billion as tax settlement
MultiChoice Group, Africa's largest pay TV company, announced on Thursday that its subsidiaries have reached a settlement with Nigerian tax authorities, agreeing to pay...
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...