Companies

Ibom Air targets 100% growth in travel agent sales, eyes ₦150bn revenue

Ibom Air is targeting ₦150 billion in revenue by the end of 2025, up...

Tantalizers moves to take over DBN Television

Tantalizers Plc, once known strictly for its fast-food chain, has taken another step in...

DStv Decoder Price Cut: MultiChoice Nigeria reduces price amid subscriber losses

In an effort to regain market share, MultiChoice Nigeria has announced a price cut...

Drugmaker Neimeth rises on plan to raise ₦20 billion and clear losses

Neimeth International Pharmaceuticals has secured shareholder approval to raise fresh capital and clean up...

Beta Glass: How we engineered 600% growth – and what’s coming next

Shares of Beta Glass have surged 329% in the last six months, closing at...

Nigeria drives MultiChoice’s revenue decline as DSTV owner loses subscribers

MultiChoice Group has reported a steep drop in its subscriber numbers, with Nigeria responsible...

Shell faces fresh pressure over Niger Delta pollution as activists storm AGM

Shell came under renewed pressure on Tuesday as campaigners stormed the oil giant’s annual...

Fast-food company Tantalizers diversifies into entertainment, acquires Grand Media

Tantalizers Plc, once known strictly for its fast-food outlets, has made another move in...

Japaul Gold wants to raise ₦500 billion, increase shares sevenfold

Japaul Gold & Ventures Plc is seeking shareholder approval to raise up to ₦500...

Veritas Kapital Assurance board chairman resigns

Veritas Kapital Assurance Plc, the insurance firm, has announced the resignation of its board...

Cement maker Lafarge Africa amends mandate to expand waste services

Lafarge Africa Plc is taking a step to expand its environmental solutions business, seeking...

Nestlé Nigeria returns to profit in Q1 2025 with ₦30.2 billion

Nestlé Nigeria Plc has made a strong comeback to profitability, posting a ₦30.2 billion...

VFD Group bounces back strongly in 2024, returns to profit

VFD Group Plc has made a strong comeback in 2024, returning to profitability and...

Lafarge is foreign-owned. Why is Senate suddenly afraid of sale to China?

The Nigerian Senate’s Thursday debate over the proposed sale of Lafarge Africa, the country’s...

Rivals MTN and Airtel agree to share networks in Nigeria, Uganda

MTN Group and Airtel Africa have signed an agreement to share mobile network infrastructure...

Another MTN pain as little-known firm wins N880m trademark case

MTN Nigeria has suffered another setback after a Federal High Court in Lagos ordered...

Shell’s Nigeria unit SPDC renamed as sale to Renaissance is completed

Shell has finalized the sale of its Nigerian subsidiary, Shell Petroleum Development Company of...

Huaxin offers Lafarge minority investors 20% premium after Holcim exit

The Chinese firm acquiring Swiss company Holcim’s 83.81% stake in Nigeria-based Lafarge Africa Plc...

Transcorp Power board approves ₦75m salary for chair, ₦50m for directors

At its twelfth Annual General Meeting (AGM) held on Wednesday Transcorp Power Plc approved...

China’s Canmax signs lithium deal with Nigeria’s Kebbi state

A Chinese battery materials company, Canmax Technologies, has entered into an agreement to invest...