Saturday, June 14, 2025

Companies

Nigerian electric cable maker Cutix Plc appoints new board chairman

Nigerian electric cable maker Cutix Plc has named a new board chairman after as its co-founder Okwudili Nwosu retires. Mr Nwosu was re-appointed to the...

Transcorp appoints two new CEOs after increasing Abuja electricity stake

Transnational Corporation Plc or Transcorp has appointed two chief executives for its power units after increasing its stake in the Abuja Electricity Distribution Company...

World’s most indebted property developer, Evergrande, files for bankruptcy

China's Evergrande Group, reputed as the world's most heavily indebted company, has filed for bankruptcy protection in a US court. The company initiated bankruptcy proceedings...

Hopes fade for missing Seplat rig workers as search enters third day

Three crew members who went missing on Tuesday after an oil rig operated by Seplat Energy collapsed in Delta state were not found by...

One killed, three missing as Seplat rig collapses in Delta

At one person died on Tuesday when a rig operated by Seplat Energy collapsed in Delta state, the company said. Seplat said the Depthwise swamp...