Samsung expects 1400% growth in profit as AI booms
Samsung Electronics anticipates a 1400% increase in profits for the second quarter of 2024, boosted by an artificial intelligence (AI) surge that has propelled...
Nigerian govt approves Eni’s sale of local unit to Oando
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has granted approvals for the sales of local units of Eni SpA and Equinor ASA, marking significant...
PZ Cussons holds revenue outlook despite naira problems
British personal care company PZ Cussons says it remains confident to deliver more than half a billion pound in revenue despite facing significant challenges...
TotalEnergies launches Ubeta gas development to supply Nigeria LNG
TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), have...
Diageo reduces presence in Nigeria, sells Guinness to Tolaram
Diageo Plc, the world's largest spirits producer, is selling its majority stake in Guinness Nigeria Plc., the latest multinational to either exit Nigeria or...