Monday, June 16, 2025

Companies

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...

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...