Company News
All the latest Nigerian company news, market intelligence and analysis
Airtel and Telkom discontinue merger plans
The disclosure was made in a notification that was sent to the Nigerian Stock Exchange.
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Austin Avuru retires as CEO of Seplat petroleum, to receive huge benefits
According to the notice, Avuru will be considered a “good leaver” on his retirement.
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UBA denies N41 billion NITEL fraud allegations
United Bank for Africa (UBA) has described the alleged N41 billion fraud levied against its Chairman, Mr Tony Elumelu, as...
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Airtel Africa’s profit up 12.9%, customer base reaches 111.5 million
Airtel Africa had risen in customers’ base by 11.8% to 111.5 million in spite of the pandemic.
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MTN expands scope of tower service, targets rural connectivity
The development would also improve cost for future technology evolution and backhaul in the network.
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Top 3 rating agencies in Nigeria and what they do
We shall be focusing on what these rating agencies do and when they were incorporated.
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As AMCON nears possible ‘liquidation’, what should we expect?
Seeing as AMCON's job is not fully done, liquidation may not really be an option in the meantime.
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Tripple Gee: How a small company outlived its founder, 40 years and still counting
Tripple Gee must have driven home the message that it is here to stay.
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May & Baker receives N1 billion Intervention loan from CBN
The fund increased the company’s net loans from N482.5 million in December 2019 to N1.7 billion.
Read moreDetailsDeap Capital Management & Trust Plc reacts to ‘rumoured’ AMCON takeover
AMCON had dragged the company before a Court in a bid to recover the debt.
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