Tolaram Group has acquired a 58.02% stake in Guinness Nigeria from Diageo Plc. for ₦81.60 per share, representing approximately a 60% premium over Guinness Nigeria’s closing...
Africa’s largest oil refinery, the Dangote Refinery, has postponed the start of its premium motor spirit (PMS) production, commonly known as petrol, from June to mid-July....
The Nigerian National Petroleum Company Limited (NNPC) has firmly denied allegations that it inflated the subsidy on Premium Motor Spirit (PMS), commonly known as petrol, by...
International Breweries PLC, a subsidiary of AB InBev, the world’s largest brewer, has announced that non-shareholders will now have the opportunity to participate in its ongoing...
Nvidia has surpassed Apple in market capitalization as its dominance in the artificial intelligence (AI) sector continued to fuel interest in the company. On Wednesday, Nvidia’s...
Turkish Airlines is venturing into the manufacturing of aircraft components, including seats and engine parts. This initiative aims to leverage the airline’s substantial order book of...
Alhaji Aliko Dangote, the founder of the Dangote Group and Africa’s richest individual, has revealed ambitious plans for his conglomerate to reach over $30 billion in...
Shell Petroleum Development of Nigeria Limited (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) significantly increased their contributions to the Niger Delta Development Commission...
The $20 billion Dangote Oil Refinery is poised to be listed on the Nigerian Stock Exchange (NSE) by December 2024, according to statements made by Aliko...
The retail transactions on the Nigerian Exchange Limited (NGX) declined by 54.89% in April to N100.77 billion from N223.37 billion in March. This significant drop was...
