Seplat Energy Plc has announced that it will redeem the entire outstanding principal on its U.S. dollar-denominated notes issued under the April 1, 2021 indenture agreement...
Electricity Distribution Companies (DisCos) across Nigeria recorded an improved collection efficiency of 77.44 percent in the fourth quarter of 2024 and generated ₦509.8 billion in revenue...
Tesla Inc. Chief Executive Officer Elon Musk has moved to calm growing internal unease after the company’s stock plunged over 40% year-to-date, coupled with a rise...
Elon Musk-owned company Tesla is facing a wave of violent attacks across multiple cities in the United States with its vehicles and facilities targeted in coordinated...
The Board of Unity Bank Plc has announced the appointment of Mr. Ebenezer Kolawole (FCA) as the Acting Managing Director/Chief Executive Officer following the retirement of Mrs....
PepsiCo has strengthened its foothold in the functional beverage sector with the acquisition of Poppi in a deal valued at $1.95 billion. Announced on Monday, the...
Nigeria’s agricultural trade recorded a major shift in 2024 with exports surpassing imports for the first time in five years. Official data show that the sector’s...
Billionaire industrialist and President of Dangote Group, Aliko Dangote, has disclosed that his proposed cement plant in Itori, Ogun State, was demolished twice under the administration...
The landscape of Nigeria’s petrochemical industry is undergoing a transformation as the Dangote Refinery commences production at its polypropylene facility in Lagos. The development represents a...
Shipping operators have raised concerns over rising port charges in Nigeria and warned that excessive costs will push businesses to neighbouring countries. Following a 15 percent...
