Company News

Shareholders of Stanbic IBTC Holdings Plc yesterday approved a dividend payment of N15.36 billion, proposed by the board, for the...

Baba Ijebu is now the largest shareholder in Wema Bank Plc

by Ronald Adamolekun

A new majority shareholder may have taken shelter in Wema Bank Plc, going by the recently-recorded spike in the company's...

Yamaha and Novastar Ventures lead Max.ng’s $7 million capital raise

by Damilare Famuyiwa

Motorbike hailing service, Max.ng, has raised $7 million funding. This round is led by Novastar Ventures, with the participation of...

Forte Oil Plc, Femi Otedola, Forte Oil to change name, Olumide Adeosun

Blurb

What next for Forte Oil Plc following Prudent Energy’s takeover?

by Onome Ohwovoriole

Femi Otedola's exit from the @forteoilng means Prudent Energy the new key shareholder will have to make several key decisions.

Mastercard buys Jumia shares, Jumia get $56 million from Mastercard, Jumia NYSE IPO listing, MTN, Jumia Investors, Q3 ’19: Jumia grows revenue by 52%, Like Gabon, Congo, Jumia shuts operations in Cameroon, Jumia: Platform that holds the Ace in Africa , Jumia Reports Improvement in Q4 and FY 2020 With a 23% Growth from Black Friday

DEAL: Jumia has sold its real estate assets portal to EMPG’s Mubawab

by Damilare Famuyiwa

Dubai-based Emerging Markets Property Group (EMPG), Mubawab has secured the purchase of Jumia's North-African real estate portal, Jumia House.

PricewaterhouseCoopers unveiled its first experience centre in Lagos

Governor Sanwo-Olu and Jim Ovia step into virtual reality at PwC’s new Experience Centre

by Aruoture Oddiri

Multinational professional services firm PricewaterhouseCoopers unveiled its first experience centre in Lagos, yesterday.

Shareholders endorse Eterna Plc’s dividend payment despite decline in profit

by Ronald Adamolekun

Shareholders of Eterna Oil and Gas Company Limited have approved a total dividend payout of N326 million for the financial...

LinkedIn’s newest feature could help you scale through your next job interview

by Amaka Obioji

Professional networking site, LinkedIn, recently added a feature on their app which enables individuals to practice for their interviews right...

Internet World Stats, Nigerian Communications Commission remittance, Network operators in Nigeria, Telecoms companies in Nigeria, MTN Nigeria, Airtel Africa, Globacom data, 9mobile court case, Top 10 states in Nigeria with the highest Internet subscribers , Telecommunications: The bright spot in a fragile economy, Telcos add 5.64 million voice and data subscribers in Q3 2019 - NBS , Alleged N200bn Debt: EFCC, DSS to probe telcos, Network glitch, as poor internet speed continues to impede banking services, Telecoms record 725% increase in foreign capital investment, as GDP contribution hits N6 trillion, Coronavirus: Instant messaging platforms, Telcos raking in funds from the work-from-home policy, Telecoms: Bright spot amidst the gloom, Nigerians lambast MTN, Airtel for offering free SMS, ignoring request for free data, airtime

NCAA to begin demolition of 7,012 Globacom Masts

by Fakoyejo Olalekan

The demolition of masts and high structures belonging to telecommunication companies and commercial banks will begin with immediate effect, the...

Otedola again explores his philanthropic prowess, Nigerians are freaked out as Femi Otedola donates N5 billion to charity , Dangote’s multi billion-dollar refinery is 75% complete, Otedola says. , COVID-19: Otedola pledges N1 billion donation for Nigeria to combat disease

Otedola completes sale of Forte Oil, pivots fully to power generation

by Ronald Adamolekun