Companies

Companies

After Otedola’s Exit, Geregu Power appoints serving senator as board chairman

Plu Team -
Geregu Power Plc has appointed serving Nigerian senator Abdul-Aziz Abubakar Yari as chairman of...
Companies

Femi Otedola exits Geregu Power in $750 million deal

Plu Team -
Billionaire investor Femi Otedola has sold his controlling interest in Geregu Power Plc in...
Companies

Transcorp Hotels appoints Awele Elumelu, wife of group chair, as board chair

Plu Team -
Transcorp Hotels Plc has appointed Dr. Awele Vivien Elumelu as chair of its board,...
Companies

Buy in Naira, Get paid in dollars: Dangote unveils unusual dividend plan for Refinery IPO

Plu Team -
Aliko Dangote has unveiled a rare dividend plan aimed at making the upcoming listing...
Earnings and Dividend

Geregu Power cuts 2026 Q1 outlook after sharp revenue miss in early 2025

Eric Ojo -
Geregu Power Plc has issued a lower earnings projection for the first quarter of...
Companies

Saipem wins major Dangote Fertilizer contracts in Nigeria and Ethiopia

Plu Team -
Italian engineering giant Saipem has secured two major contracts from Dangote Fertilizer, expanding the...
Oil & Gas

TotalEnergies sells 40% stake in Nigerian offshore licenses to Chevron

Plu Team -
TotalEnergies has moved to shed part of its Nigerian offshore portfolio after signing a...
Companies

Dangote picks Indian firm to oversee major expansion of fertilizer plant

Plu Team -
The Dangote Group has appointed India’s Engineers India Limited (EIL) as project manager for...
Companies

Honeywell to help Dangote Refinery double capacity, become world’s largest

Plu Team -
Dangote Refinery has sealed a partnership with multinational giant Honeywell to provide services that...
Marine Economy

Tantalizers signs major U.S. seafood export deal amid Nigeria’s fisheries scrutiny

Olawale Afolabi -
Tantalizers Plc has signed a five-year multimillion-dollar offtake agreement with U.S.-based Harvester Fisheries LLC...
Companies

Veritas Kapital raising ₦15 billion after new insurance law

Plu Team -
Veritas Kapital Assurance Plc says it will raise ₦15 billion through a private placement,...
Technology

Legend Internet to buy rival provider & microfinance bank

Olawale Afolabi -
Legend Internet Plc, Nigeria’s first publicly listed internet service provider, is set to expand...
Companies

Guinness owner Diageo names new CEO to drive growth

Plu Team -
Diageo, the maker of Guinness, Johnnie Walker, and Baileys, has appointed Sir Dave Lewis...
Companies

Tesla shareholders approve Elon Musk’s record $1 trillion pay package

Plu Team -
Tesla shareholders have approved CEO Elon Musk’s record-breaking pay package —potentially worth up to...
Earnings and Dividend

BUA Foods profit doubles, but sugar and pasta face strain

Plu Team -
BUA Foods Plc has reported a strong jump in earnings for the third quarter...
Earnings and Dividend

Caverton eyes air cargo expansion amid narrowing losses

Plu Team -
Caverton Offshore Support Group Plc says it is moving into air cargo services as...
Earnings and Dividend

UAC blames maize, soybean price slump for quarterly loss

Plu Team -
Nigerian conglomerate UAC of Nigeria Plc (UAC) reported a ₦703 million pre-tax loss for...
Earnings and Dividend

Presco Plc approves second interim dividend as profit doubles

Plu Team -
Presco Plc, Nigeria’s leading integrated edible oil producer, reported a sharp jump in profit...
Companies

Nestlé to cut 16,000 jobs

Olawale Afolabi -
Nestlé, the world’s largest packaged food company, said on Thursday it will cut 16,000...
Earnings and Dividend

Mounting unpaid bills overshadow Transcorp Power’s strong profit

Plu Team -
Transcorp Power PLC, a leading player in Nigeria's power generation sector, delivered a robust...
123...11Page 2 of 11