Company News
All the latest Nigerian company news, market intelligence and analysis
Afromedia Plc appoints new GCEO, COO
Afromedia Plc has announced the appointment of Otunba Ireola Olopade and Engr. Patrick Nwabunie as its new Group CEO and COO...
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Unity Bank Plc appoints new Company Secretary
Unity Bank Plc has announced the appointment of Mr Adejumobi Alaba Williams as its new Company Secretary.
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Hyundai to invest $87 billion into producing 44 new electric vehicles
Hyundai Motor Group has disclosed its plans to invest $87 billion in the production of electric vehicles and autonomous driving.
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CHI receives NAICOM’s approval to establish micro insurance
Consolidated Hallmark Insurance has taken steps to increase its footprint in the insurance market in Nigeria after it received a...
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Promotions, lay-offs as UBA effects corporate right sizing
One of Nigeria's largest banks and largest by employees, United Bank of Africa has reportedly laid off several of its...
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UBA Recruits 4000 New Staff, Promotes Over 5,000 Staff members; increases Salaries Up to 170%.
Lagos, Nigeria, January 06, 2020: Over 5,000 staff of the United Bank for Africa (UBA) Plc, started the new year...
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MTN sells assets worth R14 billion in 2019
MTN has announced the sale of R14 billion worth of assets in 2019, as asset sales are expected to be...
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Lekoil secures $184m funding to finance OPL 310 drilling
Lekoil 310 Limited, has secured $184 million funding to finance the drilling and all initial development plans on the Ogo...
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Paga records over $2 billion worth of transactions in 2019
The founder and CEO of Paga, Tayo Oviosu, has disclosed that the mobile payment company recorded over $2 billion worth of...
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Chevron crisis deepens as NUPENG issues new threat
NUPENG has threatened to take action against Chevron Nigeria Limited after the oil and gas company sacked some workers.
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