Companies

Companies

Elumelu’s Heirs Holdings rebrands with new name to focus on oil and gas

Plu Team -
Billionaire Tony Elumelu’s investment company Heirs Holdings has rebranded and changed its name to...
Companies

Truecaller expands Nigeria presence, appoints Onwuzurike country manager

Plu Team -
Truecaller has appointed Ogochukwu Onwuzurike as the new Country Manager for Nigeria, signalling the...
Companies

Regulator hints Seplat buy of Mobil Nigeria to move forward

Plu Team -
The Nigerian Upstream Petroleum Regulatory Commission says it is hopeful that the stalled $1.28...
Companies

Electronics giant Toshiba leaving stock market after 74 years

Eric Ojo -
Troubled electronics and energy giant Toshiba will leave the stock market after 74 years...
Sponsored

Norway’s BW Offshore sells oil storage vessel for $20m to Nigerian buyer

Plu Team -
The Norwegian FPSO leasing firm BW Offshore says it has closed a transaction for...
Companies

Olam confirms paying bond for Nigeria director over forex case

Olawale Afolabi -
Agricultural commodities trader Olam Group has confirmed it paid a bond to secure the...
Companies

Olam shares fall to 15-year low after Nigeria forex fraud allegation

Olawale Afolabi -
Olam Group Ltd. shares fell to their lowest level in almost 15 years on...
Companies

MTN Nigeria dumps tower manager IHS for American Tower

Plu Team -
Telecoms company MTN Group Ltd. said American Tower Corp. will take over its Nigerian...
Companies

PZ Cussons confirms it’s delisting Nigeria unit amid forex woes

Olawale Afolabi -
Consumer goods maker PZ Cussons has confirmed it plans to delist its Nigeria unit...
Companies

PZ Cussons Nigeria shares rise on takeover news

Olawale Afolabi -
PZ Cussons Nigeria's shares jumped Monday after its majority shareholder, UK-headquartered PZ Cussons Holdings,...
Companies

Eni sells Nigerian unit Agip to Oando

Olawale Afolabi -
Italian energy group Eni has signed an agreement to sell its unit Nigerian Agip...
Companies

South Africa’s Nampak closes Nigeria can plant; sells property, equipment

Olawale Afolabi -
South African packaging company Nampak Ltd says it has closed its Nigeria metals business...
Companies

Zenith Bank appoints ex-Google director as non-executive director

Plu Team -
Zenith Bank has appointed former Google West Africa director, Juliet Ehimuan, as non-executive director. Ehimuan...
Companies

Nigerian electric cable maker Cutix Plc appoints new board chairman

Plu Team -
Nigerian electric cable maker Cutix Plc has named a new board chairman after as...
Companies

Transcorp appoints two new CEOs after increasing Abuja electricity stake

Olawale Afolabi -
Transnational Corporation Plc or Transcorp has appointed two chief executives for its power units...
Companies

World’s most indebted property developer, Evergrande, files for bankruptcy

Plu Team -
China's Evergrande Group, reputed as the world's most heavily indebted company, has filed for...
Companies

Hopes fade for missing Seplat rig workers as search enters third day

Plu Team -
Three crew members who went missing on Tuesday after an oil rig operated by...
Companies

One killed, three missing as Seplat rig collapses in Delta

Plu Team -
At one person died on Tuesday when a rig operated by Seplat Energy collapsed...
Companies

Tinubu govt to sell stakes in 20 state-run companies

Olawale Afolabi -
The Nigerian government is planning to sell stakes in about 20 state-owned companies in...
Companies

Caverton’s half-year revenue falls 4.9% as profit rises

Plu Team -
Caverton Offshore Support Group Plc, which provides marine, aviation and logistics services to local...
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