Companies

Onome Amuge The Odu’a Investment Company Limited (OICL), a strategic investment and asset management firm, has announced a 7 per cent growth in  its operating revenue from N3.67 billion in 2022 to N3.95 billion in 2023. The impressive financial performance was revealed at the company’s recent Annual General Meeting (AGM) held at the  Oranmiyan Hall at […]

Cynthia Ezekwe PZ Cussons, an international consumer goods manufacturer, has announced intentions to strategically review its business operations in Africa, including the possibility of exiting the continent. This consideration stems from the unfavorable economic conditions in Nigeria, such as naira devaluation and inflation, which have markedly affected the company’s sales and operations, leading to a […]

Business a.m. Nigeria’s largest cement manufacturer, Dangote Cement Plc, recorded 101 per cent increase in revenue within a year, propelled by an upswing in economic activities across key markets, according to its latest unaudited financial statement. In the first three months of 2024, the company reported a revenue of N817.4 billion, a significant jump from […]

Joy Agwunobi In a country brimming with potential, Nigeria’s thriving blue and green economies, estimated at about $100 billion annually in sustainable investment opportunities, remain tantalisingly close, yet largely untapped.   According to industry stakeholders, unlocking this vast mine  of economic potential could prove to be a game-changer for Nigeria, breathing new life into the country’s […]

  Lawyer calls on NCC to sanction telecom giant Business a.m. Reporter   Airtel Networks Ltd, a major telecom service provider in Nigeria, has been petitioned by a human rights lawyer, Olubunmi Odeniyi over an explosion resulting in an inferno at one of its base transceiver stations (BTS) at Abaranje, Ikotun, in the outskirts of […]