Sunday, March 29, 2026
KAM Steel buys SMC’s plant, to create 10,000 jobs in months
By Onome Amuge KAM Steel Integrated Company Limited, the Nigerian indigenous steel and allied manufacturing company has purchased a steel...
Read moreDetailsShobo, former Agusto CEO, gets special recognition at African Banker Awards
Vivien Shobo, the former Augusto & Co chief executive, came up for special recognition at the 2020 Africa Banker Awards...
Read moreDetailseTransact posts N118.25m loss in three months
By Omobayo Azeez Even as some listed companies churn out positive numbers that beat expectations, operations of eTransact between...
Read moreDetailsEllah Lakes pushes expansion plan, IMC Plantations acquisition in sight
Charles Abuede Barely 15 months after the full acquisition of Telluria Farms in 2019, Ellah Lakes Plc, Nigeria’s leading oil...
Read moreDetailsAirtel, MoneyGram partner to ease money transfer for 19m customers
By: Charles Abuede Airtel Africa Plc, which provides telecoms services across 14 countries in Africa said on Thursday that it...
Read moreDetailsUnilever begins journey to separate tea business entity
By Charles Abuede Generated €2bn in 2019 global revenues Unilever Nigeria plc, a leading personal care and consumer goods...
Read moreDetailsNestle Nigeria appoints new MD
Mauricio Alarcon, managing director of Nestle Nigeria Plc, has been appointed as the market head of Nestlé Central and West...
Read moreDetailsFears of job losses mount as Shoprite moves to leave Nigeria
The announcement by Shoprite, a South African retail giant with branches in Nigeria, to gradually end its operations in the...
Read moreDetailsShoprite: Analyst says exit will give rise to more entrants, opportunity for investment Â
Should South African retail giant, Shoprite, leave the Nigeran market as was initially being suggested on Monday, it will open...
Read moreDetailsOkomu Oil posts N4bn profit, pays N1.92bn dividend in H1 2020
By Omobayo Azeez Agricultural company, Okomu Oil Palm Plc, made N4.007 billion as profit after tax (PAT) from its operations in the...
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