Section

COMPANY NEWS

All the latest Nigerian company news, market intelligence and analysis

Company News 1 min
The evolution of Nigerian media: A deep dive into New Telegraph Newspaper
By NM Partners
Companies 1 min
NGX lifts suspension on Mutual Benefits Assurance shares after compliance update 
By Israel Ojoko
Companies 1 min
Alitheia Capital and Goodwell Investment exit Baobab Nigeria after 12 years 
By Samson Akintaro
Companies 1 min
FirstHoldco announces 25% oversubscription of N150bn rights issue, plans N350 billion private placement 
By Israel Ojoko

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Appointments

Dangote Cement appoints Dr. Gbenga Fapohunda as Group Financial Officer 

Appointments

Unity Bank appoints Ebenezer Kolawole as Acting MD/CEO as Tomi Somefun retires  

Companies

PZ Cussons’ debt-to-equity conversion proposal fails to meet voting threshold following shareholder rejection

Company News

Renaissance finalizes acquisition of Shell’s Nigerian subsidiary, renames company

Companies

Seplat Energy CEO Roger Brown acquires 50,000 ordinary shares worth N285 million, reveals total stake and voting interest

Appointments

Former SEC director Obisan appointed to Canary Point Holdings board 

Companies

Seplat reports increased production from newly acquired Mobil asset SEPNU 

Company News

Lagosians now spend 120% more as beef stew as price rises from N8,060 in 2023 to N17,817- PricePally 2024 Stew Index Report Shows

Companies

Dangote Group paid N402 billion in taxes for 2024, retains position as Nigeria’s highest taxpayer 

Companies

MTN MoMo active wallet users decline by 47% in 2024