Nestle Nigeria Plc has reported an after-tax loss of N176.9 billion for the first half of 2024 as the naira devaluation plunged profitability. This represents a...
Oando PLC, Nigeria’s leading energy solutions provider, has firmly denied recent allegations claiming it holds interests in a Maltese oil storage facility, Ras Hansir Oil Terminal...
Transcorp Power Plc, a leading power subsidiary of the Transcorp Group, has reported a 214% increase in profit before tax (PBT) from N16.2 billion recorded in...
Oando PLC, Nigeria’s foremost indigenous energy solutions provider, has announced that the Nigerian Government has approved its acquisition of 100% of the shares of Nigerian Agip...
Dangote Cement PLC, Africa’s largest cement producer, has announced profit after tax (PAT) of ₦189.9 billion for the first half of 2024. This represents a notable...
Guinness Nigeria Plc has reported a loss of N54.77 billion for the financial year ending June 30, 2024. This represents a 201% increase compared to the...
The Dangote oil refinery has firmly denied recent allegations that it is reselling cargoes of U.S. and Nigerian crude. These claims were labeled as “outright falsehood”...
“Goya Olive Oil” trademark in Nigeria, Goya Foods Incorporated has initiated legal proceedings against the Registrar of Trademarks under the Federal Ministry of Trade and Investment....
Dangote Industries Limited (DIL) has accused International Oil Companies (IOCs) of obstructing direct crude oil sales to its refinery and forcing the company to use costly...
Aliko Dangote announced on Monday that his long-awaited $20 billion refinery complex will commence petrol sales starting next month. The announcement came during a press briefing...
