Saturday, June 14, 2025

Companies

Tinubu govt to sell stakes in 20 state-run companies

The Nigerian government is planning to sell stakes in about 20 state-owned companies in a bid to raise funds and improve governance in those...

Caverton’s half-year revenue falls 4.9% as profit rises

Caverton Offshore Support Group Plc, which provides marine, aviation and logistics services to local and international oil and gas companies in Nigeria, recorded less...

GSK, maker of Ampiclox and Panadol, closes business in Nigeria

GlaxoSmithKline (GSK) Nigeria has announced its intention to cease operations, citing its consideration of transitioning to a third-party distribution model for its pharmaceuticals and...

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...