Monday, March 10, 2025

Companies

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...

Mastercard’s “contactless payment” allows Nigerians pay without PIN or swiping card

Mastercard says it has launched its contactless payment solutions, aiming to transform Nigeria's payment landscape. The solution will allow businesses to accept card payments easily...

Here’s what’s sending multinationals like P&G out of Nigeria

The Tinubu administration must address mounting economic related problems for the country to stand a chance of retaining foreign investments as more multinationals exit...

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