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,...
The Manufacturers Association of Nigeria (MAN) has issued a strong warning against the planned ban on single-use plastics (SUPs) in Lagos State, stating that the policy...
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...
Dangote Petroleum Refinery is set to begin direct distribution of Premium Motor Spirit (PMS) and diesel across Nigeria starting August 15, 2025 to disrupt the traditional...
Beta Glass Plc, Nigeria’s largest glass container manufacturer, has announced plans to invest €17.5 million in the reconstruction of one of its furnaces as part of...
Meta Platforms Inc. has acquired a 49% nonvoting stake in artificial intelligence infrastructure company Scale AI in a $14.3 billion strategic investment aimed at accelerating its...
