Saturday, January 11, 2025

Companies

Norway’s BW Offshore sells oil storage vessel for $20m to Nigerian buyer

The Norwegian FPSO leasing firm BW Offshore says it has closed a transaction for the sale of the Abo FPSO to a Nigerian company. BW...

Olam confirms paying bond for Nigeria director over forex case

Agricultural commodities trader Olam Group has confirmed it paid a bond to secure the release of its director in Nigeria. The company said Olam Nigeria...

Olam shares fall to 15-year low after Nigeria forex fraud allegation

Olam Group Ltd. shares fell to their lowest level in almost 15 years on Tuesday after the agricultural commodities trader denied allegations of a...

MTN Nigeria dumps tower manager IHS for American Tower

Telecoms company MTN Group Ltd. said American Tower Corp. will take over its Nigerian tower operations from IHS Holding Ltd. from 2025. The company said...

PZ Cussons confirms it’s delisting Nigeria unit amid forex woes

Consumer goods maker PZ Cussons has confirmed it plans to delist its Nigeria unit from the Nigerian stock exchange after buying out 26.73% stake...

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