Tuesday, March 11, 2025

Companies

Jumia appoints new Nigeria chief executive officer

E-commerce company Jumia has appointed Sunil Natraj to lead its Nigeria operation from Jan. 1, 2024. Francis Dufay, the chief executive officer of Jumia Group...

Internet firm Tizeti gets Chapel Hill Denham loan to expand to Abuja, others

Internet company Tizeti says it has obtained an undisclosed long-term financing from Chapel Hill Denham to finance its planned rollout across 15 Nigerian states. The...

Unilever Nigeria reports reduced Q3 loss after product shift

Unilever Nigeria reported a reduced loss for the third quarter ending September Friday. The consumer goods giant announced a loss of N1.1 billion for the...

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...

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