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...
Dangote Refinery, Africa’s largest oil refinery owned by Aliko Dangote, has initiated plans to import crude oil from the United States. The refinery, set to become...
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....
Chemical and Allied Products Plc (“CAP” or the “Company”), Nigeria’s leading paints and coatings company, today announced its unaudited results for the fourth quarter and twelve...
Access Holdings Plc, a prominent multinational financial services group, has solidified its presence in the pension industry by securing a majority stake in ARM Pensions Managers...
Shell has declared the forthcoming closure of its oil refinery in Wesseling, Germany, by 2025, as part of its commitment to reducing carbon emissions. The company...
Nigeria’s Special Economic Zones (SEZs) have emerged as focal points for economic growth as they attracted $66 billion in foreign direct investments (FDI) and fostered the...
