Wednesday, June 11, 2025

Companies

Diageo reduces presence in Nigeria, sells Guinness to Tolaram

Diageo Plc, the world's largest spirits producer, is selling its majority stake in Guinness Nigeria Plc., the latest multinational to either exit Nigeria or...

Jumia opens new integrated warehouses in Lagos, Casablanca

E-commerce company Jumia on Monday announced the opening of two new integrated warehouses: a 30,000 square metre facility in Isolo, Lagos and a 5,000...

Recapitalization: UBA offers shareholders over 17% yield to reinvest dividends

United Bank for Africa Plc (UBA) is offering its shareholders a lucrative opportunity to reinvest their 2023 dividends as the bank seeks funds for...

FBN Holding Q1 profit surges 316% — highest margin in at least 6 years

FBN Holding announced today an unprecedented surge in its first-quarter profits for 2024, reaching N208 billion, marking the highest year-over-year increase in six years. This...

Jaiz Bank proposes dividend after strong 2023, maintains momentum in Q1 2024

Jaiz Bank Plc reported strong financial performance for both full year 2023 and the first quarter (Q1) of 2024, according to results released today. 2023...