Companies

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...
Companies

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

Plu Team -
MTN Group and Airtel Africa have signed an agreement to share mobile network infrastructure...
Companies

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

Plu Team -
MTN Nigeria has suffered another setback after a Federal High Court in Lagos ordered...
Companies

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

Plu Team -
Shell has finalized the sale of its Nigerian subsidiary, Shell Petroleum Development Company of...
Companies

Huaxin offers Lafarge minority investors 20% premium after Holcim exit

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

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

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

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

Plu Team -
A Chinese battery materials company, Canmax Technologies, has entered into an agreement to invest...
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...
1...456...12Page 5 of 12