Wednesday, March 12, 2025

Companies

Nigeria, Vietnam drag Heineken’s global beer volume down by 2.8%

Heineken NV posted a 6.3% revenue growth in the first half of the year over the same period last year, recording €17.44 billion in revenue. -...

Unilever Nigeria reports 17% fall in second-quarter profit

Consumer goods maker Unilever Nigeria has reported a 17% decline in second quarter profit as it faced increased costs. - Top numbers While Unilever’s revenue in...

Otudeko’s Honeywell buys N91 billion shares to become First Bank’s top owner

Honeywell Group, owned by Oba Otudeko, has stepped up its stake in FBHoldings Plc, the owner of First Bank, by acquiring nearly five billion...

Corporate Updates: Stanbic IBTC Ventures gets new chief executive, Cutix sees earnings growth

A quick run through notable corporate announcements today. - Stanbic IBTC Holdings PLC appointments Stanbic IBTC Holdings PLC has made the following new appointments for its...

Lafarge Africa appoints Chinedu Richard acting CFO, gets Nigeria approval for Roadcem

Cement maker Lafarge has appointed Chinedu Richard its acting chief financial officer. Mr Richard is to serve from July 1 pending the appointment of a...

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