Company News

Bike-hailing startups, Gokada, ORide, MaxNG and other commercial motorcycles have been banned from plying 15 LGAs in Lagos State.

Appointments

Onajide gets appointed as Brooks and Blake’s Board Chairman

by Chidinma Nwagbara

Ms Olufunmilayo Onajide has been appointed as the Chairman, Board of Directors of marketing communications firm, Brooks and Blake Nigeria...

AXA Mansard to downsize business activities, awaits shareholders’ approval

AXA Mansard to downsize business, awaits shareholders’ nod

AXA Mansard Insurance Plc is trying to downsize its business activities as part of efforts to review its growth strategy.

Opera refutes Hindenburg Research’s allegation that it violated Google’s policy

by Emmanuel Abara Benson

Opera Ltd has denied claims by investment firm, Hindenburg Research, suggesting that its apps violate Google’s policy.

Libra, Paypal drops out of partnership with Facebook’s Libra

Five firms abandon Facebook’s ‘Libra’ currency, as Vodafone announces exit

Vodafone has announced its exit from Libra Association, a cryptocurrency owned by Facebook, three months after Mastercard and Visa pulled out.

Seplat to acquire more oil & gas assets after Eland’s acquisition

Seplat Petroleum is considering acquiring more oil and gas assets as it looks to expand its portfolio in the oil industry.

Blurb

Massive losses force management shakeup at Unilever Nigeria

by Nairametrics

With losses mounting, Unilever's aggressive revenue growth is coming home to roost.

Dangote Sugar Plc: Notice of Board Meeting

Dangote Sugar announces closed period

January 25, 2020

Dangote Sugar has stopped trading on its shares at the Nigerian Stock Exchange (NSE) following the announcement of its closed period.

Appointments

YouTube appoints Nigeria’s Alex Okosi to head its European, Middle East, African markets

January 24, 2020

YouTube has appointed Nigeria’s Alex Okosi as the MD of its Emerging Markets for YouTube in Europe, the Middle East and Africa (EMEA).