Thursday, May 22, 2025

Companies

MTN Nigeria shares plunge to two-year low after record loss

Shares of MTN Nigeria tumbled to their lowest level in over two years after the company reported its biggest annual loss in at least...

Seplat Energy appoints Udo Udoma board chairman

Nigerian energy firm, Seplat Energy, has appointed former budget minister Udo Udoma as board chairman. Mr Udoma will replace former Shell executive Basil Omiyi who...

Heineken sells Uyo-based Champion Breweries to new owner

Nigerian beer maker Champion Breweries is getting a new owner. The brewer said an agreement has been reached with food and beverage company, EnjoyCorp,...

Coca-Cola says AI-driven “innovation” contributed 30% of profit growth

Coca-Cola's CEO James Quincey credits robust innovation across products, packaging, and processes for driving a "competitive advantage" and propelling profit growth. Speaking to investors at...

Nigerian sues Google for $150 million and it’s getting interesting

A Nigerian entrepreneur has launched a blistering lawsuit against American tech companies Google and GoDaddy over trademark rights relating to Youtube, and is asking...

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