Company News

Nvidia becomes first company to hit $5 trillion market value amid AI boom

October 29, 2025

Appointments

Okomu Oil appoints Amina Maina as Independent Non-Executive Director

October 29, 2025

Nestlé Nigeria swings back to profit of N39.6 billion in Q3 2025

October 29, 2025

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Company News

All the latest Nigerian company news, market intelligence and analysis

Lafarge Africa, Lafarge dismisses Alleged SEC probe

Quick take: Deleveraging of balance sheet buoys Lafarge’s earnings

by CSL Stockbrokers

Following an improved performance in Q1 2019, Lafarge Africa Plc sustained growth in earnings in its recently released H1 2019...

Thato Motlanthe replaces Nik Kershaw as MTN Group’s Investor Relations Executive

by Amaka Obioji

MTN Group has appointed Thato Motlanthe as its new Investor Relations Executive. His appointment takes effect from September 1, 2019.

NSDC lauds BUA on Sugar Estate in Lafiagi

by NM Partners

@BUAgroup has been commended by the National Sugar Development Council (NSDC) for its investment in the Nigeria sugar industry.

PZ Cussons to trim down its subsidiary in Nigeria

PZ Cussons has disclosed that it would be trimming down its operations in Nigeria after the country's hostile business environment...

Lafarge approves the sale of its South African Subsidiary for $316 million

by Bamidele Samuel Adesoji

The shareholders of Lafarge Africa Plc have collectively approved the proposed sale of Lafarge South Africa Holding Limited (LSAH) to...

Virtus secures N446 million from Sterling Bank

Virtus (@rensourceenergy) secures N446 million from Sterling Bank

Buhari signs Siemen's deal, Nigeria-Siemens electricity deal, Power: FG signifies financial commitment to Siemens agreement, Nigeria denies plan to hand over electricity distribution to Siemens

President Buhari finally signs Siemens electricity deal facilitated by Germany’s Angela Merkel

@MBuhari has signed the Nigerian Electrification Roadmap which was presented to him by @Siemens in November 2018. The deal was...

TCN ready to waive Discos' N270 billion debt, TCN want Discos to recapitalise, Discos investment in power sector

TCN ready to waive DisCos’ N270 billion debt, but DisCos don’t want it

It seems the Transmission Company of Nigeria (TCN) is willing to waive the N270 billion debt owed by Power Distribution...

Discos, TCN suspends KEDCO, TCN suspend Kano Electricity Distribution Company, Kano Electricity Distribution Company, Transmission Company of Nigeria, Market Operator in Nigeria's power sector

TCN suspends KEDCO, withholds payment due to it

@kedcoplc has been suspended by @TCN_NIGERIA from the Market Operator-administered market after defaulting one of the rules in the Market...

President Buhari to sign deal with Siemens, President Buhari and Angela Merkel meeting, German Chancellor Angela Merkel, Siemens, Egypt megaproject

FG, Siemens to sign electricity deal today