Thursday, January 9, 2025

Companies

TomTom maker Cadbury records big loss despite sales growth

Nigeria's Cadbury Plc, known for its Bournvita and TomTom sweets, suffered a big loss in 2023 despite a sales increase. The company reported a...

Indorama: Nigeria fertilizer firm gets $75 million AFDB loan

Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited (IEFCL) has secured an additional $75 loan from the African Development Bank (AfDB). The Port Harcourt-based IEFCL is...

Access Bank reports record profit and asset growth in 2023

Access Bank Holding Company, Nigeria’s largest bank by asset, has released its annual report for the fiscal year 2023, revealing impressive financial performance and...

Shell paid Nigeria more than any other country in 2023

British energy giant Shell said it paid a total of $67 billion to governments in 26 countries it operates in 2023, and Nigeria got...

Honda, Nissan team up on electric vehicle challenge

Japanese automakers Nissan and Honda announced a surprising partnership to explore ea joint venture in electric vehicles (EVs) and other sectors. The collaboration aims...

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