Nigeria SEC blocks PZ Cussons takeover by UK parent company
PZ Cussons says Nigeria's securities regulator, SEC, has blocked the move by its parent company to buy out all minority shares in the company.
The...
MTN Nigeria shares plunge to two-year low after record loss
Shares of MTN Nigeria tumbled to their lowest level in over two years after the company reported its biggest annual loss in at least...
Seplat Energy appoints Udo Udoma board chairman
Nigerian energy firm, Seplat Energy, has appointed former budget minister Udo Udoma as board chairman.
Mr Udoma will replace former Shell executive Basil Omiyi who...
Heineken sells Uyo-based Champion Breweries to new owner
Nigerian beer maker Champion Breweries is getting a new owner. The brewer said an agreement has been reached with food and beverage company, EnjoyCorp,...
Coca-Cola says AI-driven “innovation” contributed 30% of profit growth
Coca-Cola's CEO James Quincey credits robust innovation across products, packaging, and processes for driving a "competitive advantage" and propelling profit growth.
Speaking to investors at...