Tuesday, June 10, 2025

Companies

Dano milk maker Arla Foods opens Kaduna farm with big target

Danish-based Arla Foods, maker of Dano milk, has opened a dairy farm in Kaduna targeting the production of 4 million kilograms or 4,000 tonnes...

Buhari leaving without fixing refineries as Dangote Refinery opens

President Muhammadu Buhari has commissioned the 650,000 barrels a day (b/d) Dangote Refinery in Lagos at an event attended by politicians and business leaders. With...

LinkedIn to lay off 716 employees

Microsoft-owned LinkedIn has announced its plans to lay off 716 employees. The figure represents about 3.5% of the company's 20,000-strong workforce. The online professional networking...

Nigerians may pay more for drinks if Sudan crisis lingers

The conflict in Sudan is threatening the supply gum arabic, a key ingredient used in the consumer goods industry, from drinks, food, pharmaceutical to...

Elumelu, Otedola fight for control of Transcorp

The billionaires have each raised their stakes in the company in the last two weeks, with each trying to outmanoeuvre the other.