Sunday, June 15, 2025

Companies

MultiChoice agrees to pay Nigerian govt N35.4 billion as tax settlement

MultiChoice Group, Africa's largest pay TV company, announced on Thursday that its subsidiaries have reached a settlement with Nigerian tax authorities, agreeing to pay...

230+ EU companies active in Nigeria, creating 130,000 jobs: Study

Over 230 European Union companies are currently operating in Nigeria, accounting for over 130,000 jobs in the country’s economy, according to the report of...

PZ Cussons cuts dividend, warns on profits over naira’s fall

PZ Cussons, the consumer goods company behind brands like Carex and Imperial Leather, issued a profit warning and cut its interim dividend today, citing...

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...