Dangote Sugar Refinery Plc, Nigeria’s leading producer of sugar, has announced its first annual loss in the wake of the ongoing devaluation of the naira. The...
Lafarge Africa’s Board of Directors has recommended a dividend payout of N30.60 billion for the year ended December 2023, a reduction from the previous year’s dividend....
South African billionaire Christo Wiese remains optimistic about Nigeria’s economic prospects, predicting the eventual return of major players despite a recent exodus from the West African...
Seplat Energy, a prominent Nigerian energy company listed on the Nigerian Exchange Limited and the London Stock Exchange, has made significant changes to its board leadership....
EnjoyCorp Limited, a conglomerate known for its ventures in food, beverage, and hospitality, has successfully secured a strategic acquisition deal with Heineken B.V. The agreement entails...
Apple Inc. has announced the termination of its decade-long effort to develop an electric car, marking the end of one of the company’s most ambitious projects....
Olam Group Ltd., a prominent agricultural trader, reported an improvement in its second-half performance following a report of an ongoing investigation in Nigeria. The company disclosed...
Renowned African architect and global leader Olajumoke Adenowo has been appointed to the Board of Directors of Flutterwave, Africa’s leading payments technology company. With a sterling...
Universal Music Group (UMG), the global music powerhouse, has announced its acquisition of a majority stake in Mavin Global, one of Africa’s most prominent independent record...
The Manufacturers Association of Nigeria (MAN) has issued a stark warning about the escalating inventory of unsold goods, a crisis that threatens the very existence of...