Company News

All the latest Nigerian company news, market intelligence and analysis

NGX lifts suspension on IEI shares as active trading returns in October 2025

IEI Plc targets N22 billion capital raise amid leadership transition

November 20, 2025

International Energy Insurance Plc (IEI Plc) has announced an ambitious N22 billion capital raise, marking a pivotal phase in its...

Dangote Sugar swings to N13.3 billion Q3 profit, trims nine-month loss

Companies

Dangote Sugar CEO resigns, South African takes over

by Kelechi Mgboji

November 18, 2025

Dangote Sugar Refinery Plc has announced the resignation of its Group Managing Director/Chief Executive Officer, Mr. Ravindra Singhvi, effective November...

Q1 2025 unaudited report: Unilever Nigeria grows profit by 65% in Q1 2025, delivers 45% revenue growth

Appointments

Meet Unilever Nigeria’s new Executive Director, Uchenna Nwakanma

by Izuchukwu Okoye

November 18, 2025

Unilever Nigeria Plc has announced the appointment of Mr. Uchenna Nwakanma as an Executive Director on its Board, effective 13...

Companies

NMX-100: See Nigeria’s top 10 largest companies by revenue

by Samson Akintaro

November 18, 2025

The NMX-100 list captures the scale and substance of Nigeria’s business landscape, spotlighting firms that not only generate impressive earnings...

Companies

Jumia says Nigeria is driving its recovery as global rivals retreat

by Ayoola Olaitan

November 17, 2025

Nigeria is at the center of Jumia’s ongoing recovery, with the e-commerce company reporting a 30% year-on-year increase in physical...

Companies

FCMB appoints Oluyinka Johnson as Non-Executive Director

by NM Partners

November 17, 2025

FCMB has appointed Ms. Oluyinka Johnson as a Non-Executive Director, following approval from the Central Bank of Nigeria. She brings...

Tantalizers Plc secures N1.07 billion through fully subscribed private placement

Companies

Tantalizers signs five-year multimillion-dollar deal to export prawns, shrimps to US buyer

by Izuchukwu Okoye

November 16, 2025

Tantalizers Plc has announced a five-year offtake agreement with its subsidiary, Tantalizers Fisheries Limited, and Harvester Fisheries LLC, a seafood importer based...

Companies

IHS Holding rakes in $268 million in 3 months from Nigeria, cites tariff hikes, stronger naira

by Oluwatosin Osho

November 16, 2025

IHS Nigeria generated $268 million in revenue in the third quarter of 2025, accounting for nearly 59% of IHS Holding’s total revenue...

Companies

Jumia cuts pre-tax loss to $17.7 million on robust Nigeria earnings

by Kelechi Mgboji

November 16, 2025

Jumia Technologies AG has reported a pre-tax loss of $17.7 million for the nine-month period ended September 30, 2025, showing a slight improvement from...