Companies

Companies

MTN Nigeria shares plunge to two-year low after record loss

Plu Team -
Shares of MTN Nigeria tumbled to their lowest level in over two years after...
Companies

Seplat Energy appoints Udo Udoma board chairman

Plu Team -
Nigerian energy firm, Seplat Energy, has appointed former budget minister Udo Udoma as board...
Companies

Heineken sells Uyo-based Champion Breweries to new owner

Plu Team -
Nigerian beer maker Champion Breweries is getting a new owner. The brewer said an...
Companies

Coca-Cola says AI-driven “innovation” contributed 30% of profit growth

Plu Team -
Coca-Cola's CEO James Quincey credits robust innovation across products, packaging, and processes for driving...
Companies

Nigerian sues Google for $150 million and it’s getting interesting

Olawale Afolabi -
A Nigerian entrepreneur has launched a blistering lawsuit against American tech companies Google and...
Companies

Access Holdings appoints CEO following Wigwe’s death

Plu Team -
Access Holdings Plc, parent company of Access Bank, announced the appointment of Bolaji Agbede...
Companies

Exxon Mobil leaves Equatorial Guinea after nearly 30 years

Plu Team -
Exxon Mobil is leaving Equatorial Guinea after nearly three decades, citing its strategy to...
Companies

Uber records first annual profit

Plu Team -
Uber, the ride-hailing and delivery giant, has finally reached a significant milestone: its first...
Companies

MultiChoice agrees to pay Nigerian govt N35.4 billion as tax settlement

Plu Team -
MultiChoice Group, Africa's largest pay TV company, announced on Thursday that its subsidiaries have...
Jobs

230+ EU companies active in Nigeria, creating 130,000 jobs: Study

Plu Team -
Over 230 European Union companies are currently operating in Nigeria, accounting for over 130,000...
Companies

PZ Cussons cuts dividend, warns on profits over naira’s fall

Jane Kalu -
PZ Cussons, the consumer goods company behind brands like Carex and Imperial Leather, issued...
Companies

Shell quits Nigeria onshore after 86 years

Oge Udegbunam -
Shell said on Tuesday that it has agreed to sell its Nigerian unit Shell...
Companies

Cadbury Nigeria gives parent company more stake to settle dollar debt

Jane Kalu -
Nigeria's foreign exchange crisis is forcing a major sweet maker to take bitter medicine. Cadbury...
Companies

Syringe company endorsed by former Akwa Ibom governor shuts down

Plu Team -
Jubilee Syringe Manufacturing Ltd., a syringe company that set up in Akwa Ibom in...
Companies

Mastercard’s “contactless payment” allows Nigerians pay without PIN or swiping card

Plu Team -
Mastercard says it has launched its contactless payment solutions, aiming to transform Nigeria's payment...
Companies

Here’s what’s sending multinationals like P&G out of Nigeria

Olawale Afolabi -
The Tinubu administration must address mounting economic related problems for the country to stand...
Companies

Jumia appoints new Nigeria chief executive officer

Plu Team -
E-commerce company Jumia has appointed Sunil Natraj to lead its Nigeria operation from Jan....
Companies

Internet firm Tizeti gets Chapel Hill Denham loan to expand to Abuja, others

Jane Kalu -
Internet company Tizeti says it has obtained an undisclosed long-term financing from Chapel Hill...
Companies

Unilever Nigeria reports reduced Q3 loss after product shift

Eric Ojo -
Unilever Nigeria reported a reduced loss for the third quarter ending September Friday. The consumer...
Companies

Nokia to cut 14,000 jobs amid dwindling sales

Plu Team -
Nokia has announced significant job cuts as part of cost-reduction measures following a 20%...
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