Mars Inc. has announced its acquisition of Kellanova, the maker of popular brands such as Cheez-It, Pringles, and Pop-Tarts, for an estimated $36 billion. The deal,...
Dangote Refinery has issued a strong denial against claims that it has set the price of Premium Motor Spirit (PMS) at N600 per litre, dismissing the...
The long-awaited launch of the Port Harcourt refinery has been postponed once again, making it the sixth delay for a project that was initially scheduled to...
BUA Cement Plc has seen a significant drop in its market value, losing over 20% in just two days following the release of its disappointing first-half...
The alcoholic drinks market in 2023 saw a total volume decline globally for only the third time in 15 years, data analytics firm Euromonitor International can...
Google’s multi-billion dollar agreement with Apple has come under intense scrutiny following a U.S. antitrust verdict that has shaken the tech industry. The Justice Department’s recent...
Business activity in Nigeria has taken a significant hit as steep price pressures have driven the Purchasing Managers’ Index (PMI) down to 49.2 in July, the...
Tomato prices across Nigeria have dropped sharply by 58% as the new harvest season begins, offering much-needed relief to families who have struggled with soaring food...
The Dangote Group has issued a statement to clarify recent reports concerning its crude oil supply arrangements with the Nigerian National Petroleum Corporation (NNPC). Contrary to...
The manufacturing sector is facing a severe crisis following the Central Bank of Nigeria’s (CBN) delay in settling $2.4 billion worth of foreign exchange forward contracts....