Companies

Companies

Canal+ Acquires MultiChoice in $3 Bn Deal: Here’s what you need to know

Ubong Ekott -
French media conglomerate Canal+ has officially completed its landmark $3 billion acquisition of MultiChoice...
Corruption

TIMELINE: Otudeko cleared of N12.3bn fraud a week after massive share sale

Plu Team -
Nigeria’s anti-graft agency has withdrawn a high-profile ₦12.3 billion fraud case against Oba Otudeko,...
Companies

Lafarge Africa profit soars 352% in H1 2025 as cement prices and volumes rise

Plu Team -
Lafarge Africa Plc delivered one of its strongest earnings performances in recent history, posting...
Companies

Briclinks Africa grows profit despite cash burn, heavy loans

Plu Team -
Briclinks Africa Plc, a Nigerian telecoms and internet service provider, has posted a ₦9.27...
Companies

Exclusive | AEDC office sealed over unremitted VAT charged on electricity consumers

Plu Team -
Nigeria’s Federal Inland Revenue Service (FIRS) on Friday sealed off the headquarters of Abuja...
Banks

GTCO makes history as first Nigerian banking company to hit ₦100

Plu Team -
Shares of Guaranty Trust Holding Company Plc (GTCO) surged past the ₦100 mark on...
Companies

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

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

Tantalizers moves to take over DBN Television

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

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

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

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

Plu Team -
Neimeth International Pharmaceuticals has secured shareholder approval to raise fresh capital and clean up...
Companies

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

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

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

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

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

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

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

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

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

Plu Team -
Japaul Gold & Ventures Plc is seeking shareholder approval to raise up to ₦500...
Companies

Veritas Kapital Assurance board chairman resigns

Plu Team -
Veritas Kapital Assurance Plc, the insurance firm, has announced the resignation of its board...
Companies

Cement maker Lafarge Africa amends mandate to expand waste services

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

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

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

VFD Group bounces back strongly in 2024, returns to profit

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

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

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