Friday, January 10, 2025

Companies

Nokia to cut 14,000 jobs amid dwindling sales

Nokia has announced significant job cuts as part of cost-reduction measures following a 20% drop in third-quarter sales due to weaker demand for 5G...

Elumelu’s Heirs Holdings rebrands with new name to focus on oil and gas

Billionaire Tony Elumelu’s investment company Heirs Holdings has rebranded and changed its name to Heirs Energies Ltd. with a refreshed logo colour scheme to...

Truecaller expands Nigeria presence, appoints Onwuzurike country manager

Truecaller has appointed Ogochukwu Onwuzurike as the new Country Manager for Nigeria, signalling the communication firm's expansion in the country. Ms Onwuzurike will be responsible...

Regulator hints Seplat buy of Mobil Nigeria to move forward

The Nigerian Upstream Petroleum Regulatory Commission says it is hopeful that the stalled $1.28 billion sale of ExxonMobil’s shallow water business to Seplat Energy...

Electronics giant Toshiba leaving stock market after 74 years

Troubled electronics and energy giant Toshiba will leave the stock market after 74 years to become to a private company. - Key details to note One...

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