Companies

Companies

TotalEnergies expects lower Q1 2025 profit after strong 2024

Plu Team -
TotalEnergies Nigeria Plc has projected a profit after tax (PAT) of ₦2.4 billion for...
Companies

Nigeria’s move to raise telecom tariffs sends MTN to 6-month high

Ini Ekott -
The Nigerian government has confirmed there will soon be an increase in phone, SMS,...
Companies

Meta ends fact-checking programme for Facebook

Plu Team -
Meta, the parent company of Facebook, has announced that it will be ending its...
Consumer

MTN, Airtel, Glo close to get approval for higher tariffs

Plu Team -
Nigeria's telecommunication companies, including MTN, Airtel, and Glo, are intensifying efforts to secure regulatory...
Companies

Tantalizers expands into seafood supplies with DanBethel acquisition

Plu Team -
Tantalizers Plc, a leading name in Nigeria’s quick-service restaurant industry, is venturing into the...
Companies

Dangote begins petrol sales at filling stations, sells below NNPC price

Plu Team -
Dangote Refinery has commenced its first retail sale of petrol, pricing it at N935...
Companies

After 88 years, Shell ends onshore operations in Nigeria

Eric Ojo -
Shell Plc has received final approval from the Nigerian government through the petroleum minister...
Companies

Saipem secures $900 million Shell’s Bonga contract in Nigeria

Plu Team -
Italian oil services giant Saipem, in partnership with KOA Oil & Gas and AVEON...
Companies

Norwegian oil giant Equinor completes exit from Nigeria

Plu Team -
Equinor ASA, Norway’s state-controlled energy company, has finalized the sale of its Nigerian assets,...
Companies

Nigerian govt rejects Shell’s $1.3 billion asset sale to Renaissance

Plu Team -
Nigeria’s oil regulator has rejected Shell’s proposed $1.3 billion sale of its onshore oilfields...
Companies

BUA Foods Plc to boost pasta production capacity by 400,000mtpa

Plu Team -
BUA Foods Plc has announced a significant expansion of its pasta production capacity. The company...
Companies

Coca-Cola plans $1 billion investment to support Nigeria operations

Plu Team -
Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five...
Companies

Fidson teams up with Chinese firms to set up pharma plant in Nigeria

Plu Team -
Press Release Fidson Healthcare Plc, a leading Nigerian pharmaceutical company, signed a Strategic Cooperation Memorandum...
Companies

Firms in Nigeria tell CBN insecurity their biggest headache

Olawale Afolabi -
A survey conducted by the Central Bank of Nigeria (CBN) has revealed that insecurity...
Companies

BUA Foods expands wheat flour milling capacity with four new plants

Plu Team -
BUA Foods Plc, a top food manufacturing company in Nigeria, has announced a significant...
Companies

Digital ad company Taboola secures Apple deal

Plu Team -
Taboola.com, a digital advertising company, has struck a deal with tech giant Apple to...
Companies

Samsung expects 1400% growth in profit as AI booms

Glory Okah -
Samsung Electronics anticipates a 1400% increase in profits for the second quarter of 2024,...
Energy

Nigerian govt approves Eni’s sale of local unit to Oando

Plu Team -
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has granted approvals for the sales of...
Companies

PZ Cussons holds revenue outlook despite naira problems

Plu Team -
British personal care company PZ Cussons says it remains confident to deliver more than...
Companies

TotalEnergies launches Ubeta gas development to supply Nigeria LNG

Plu Team -
TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, together...
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