Mining firm Panthera exits Nigeria as DFR takes over Gurara project
Panthera Resources, a gold exploration and development company, says it is exiting its interest in the Nigerian Gurara Gold project as another company takes...
Dangote says devaluation of naira “biggest mess” of 2023
Nigerian billionaire Aliko Dangote has blamed the Nigerian government's devaluation of the naira for his company's woes in 2023, calling it the “biggest mess”...
Auditor: Oando’s future uncertain as liabilities balloon
Oando is facing serious financial difficulties, with its independent auditor raising concerns about the company's ability to stay afloat.
The oil company’s 2022 financial report,...
Sugar in Cerelac: Nestlé Nigeria admits “slight variations” amid outcry
Nestlé Nigeria is facing public backlash after a report said the company adds large amounts of sugar to baby foods sold in Nigeria and...
Transcorp Hotels sells Calabar unit after mounting losses
Transcorp Hotels Plc., a subsidiary of Nigerian Conglomerate Transnational Corporation Plc. (Transcorp Group), has announced the sale of its Calabar unit, which has recorded...