The Asset Management Corporation of Nigeria (AMCON) has confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC) for ₦100 billion as the Federal Government moves...
Microsoft Corporation has announced the layoff of approximately 9,000 employees across its global operations with its Xbox gaming division bearing a significant portion of the cuts....
Accugas Limited, the midstream gas subsidiary of Savannah Energy, has secured a significantly expanded ₦773 billion local currency facility from a consortium of five Nigerian banks...
The Dangote Group has confirmed plans to list Dangote Fertiliser Limited on the Nigerian Exchange (NGX) as part of an ambitious strategy to expand operations and...
Shell Nigeria has announced the retirement of Country Chair Osagie Okunbor after a 39-year career that spanned several international assignments and contributed significantly to Nigeria’s oil...
Oando PLC has reported a profit of ₦113.06 billion for the first quarter (Q1) ended March 31, 2025, a strong rebound from its previous year’s Q1...
Dangote Cement Plc has approved a final dividend of ₦30.00 per share following shareholder resolutions passed at its 16th Annual General Meeting (AGM) held on Monday,...
Olufemi Soneye has formally stepped down from his position as Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd). In a farewell...
Conoil Plc reported a 93.3% plunge in first-quarter profit for 2025 as revenue dropped by 12.8% amid mounting cost pressures and weaker sales performance. The company’s...
PZ Cussons Plc has agreed to sell its 50 percent equity stake in PZ Wilmar Limited to Wilmar International Limited for a total consideration of $70...
