Companies

Earnings and Dividend

Cadbury Nigeria returns to profit as price hikes, cost controls lift margins

Plu Team -
Cadbury Nigeria Plc returned to profitability in 2025, marking a sharp turnaround from a...
Earnings and Dividend

Nigeria Infrastructure Debt Fund raises payout as yields beat govt bonds

Plu Team -
Nigeria’s first listed infrastructure debt fund increased its quarterly payout after posting another year...
Companies

MTN to push home internet as next growth engine in Nigeria, CEO says

Plu Team -
MTN Group plans to deepen investment in home internet connections in Nigeria, betting that...
Companies

Presco’s majority owner, SIAT, names new Group CEO

Plu Team -
SIAT NV, the Belgian agro-industrial group that owns a controlling 60% stake in Presco...
Companies

Eterna to raise ₦21.5bn by selling new shares at 37% discount

Plu Team -
Eterna Plc has commenced a ₦21.52 billion rights issue priced at a sharp discount...
Companies

Champion Breweries launches ₦42 billion public offer to fund expansion

Plu Team -
Champion Breweries Plc says it has received regulatory clearance to launch a ₦42 billion...
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...
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