Exxon Mobil Corp., a key player in Equatorial Guinea’s oil sector for almost three decades, has announced its plans to withdraw from the country in the...
The MultiChoice Group has rebuffed an acquisition offer from Canal Plus, asserting that the bid significantly undervalues the company. The rejection comes after Canal Plus proposed...
Yandex NV, the Russian tech giant, has announced the divestment of its Russian business in a landmark $5.2 billion deal. This sale includes the transfer of...
French media conglomerate Canal+ has made a move to acquire South African pay-TV giant MultiChoice for $1.7 billion. The offer, valued at approximately R31.7 billion, represents...
BUA Foods, a leading Food and Fast-moving consumer goods (“FMCG”) grew revenue by 74% from N418.348 billion in 2022 to N728.477 billion in the year ended...
Geregu Power, the brainchild of business magnate Femi Otedola, has announced a 60% surge in its bottom line, boasting a record profit of N16.1 billion for...
UAC of Nigeria PLC reported a 9% increase in revenue to N119 billion in the 2023 financial year as key segments recorded solid growth in the...
Flour Mills of Nigeria Plc (FMN) grew profit before tax by 29% to N8.5 billion in the third quarter (q3) ended December 31, 2023. According to...
China Evergrande, the embattled real estate giant, is set to face liquidation as it grapples with its inability to settle $300 billion debt. The decision for...
Berger Paints, a leading paint manufacturer in Nigeria, reported a remarkable 25% increase in revenue, surging from N6.332 billion in 2022 to N7.910 billion in 2023....
