Company News
All the latest Nigerian company news, market intelligence and analysis
Multichoice rejects $2.5 billion Canal+ acquisition offer, says it was undervalued
Pan-African Pay-tv operator, Multichoice, said it has turned down the $2.5 billion acquisition offer by French media company, Canal+.
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UBA Group appoints Mary Mulili, Mohamed Alhajie Samoura as MD/CEO in Kenya, Sierra Leone
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced the appointments of Ms. Mary Mulili and Mr Mohamed...
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Chams Holdings reports 390% profit growth, unaudited pre-tax profit hits N373.9 million in 2023
One of Nigeria’s foremost information technology groups, Chams Holding Company Plc has released its unaudited consolidated financial statement for 2023.
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International Breweries records N87.64 billion unaudited loss in 2023, posts 226% profit decline
International Breweries Plc has posted its unaudited results for 2023, with the company recording a pre-tax loss of N87.64 billion,...
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BUA Foods defies FX woes to record N120.8 billion unaudited pre-tax profit in 2023 FY
In a marketplace where others falter, BUA Foods stands firm, showcasing resilience and strength, overcoming foreign exchange challenges to achieve...
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Multichoice, NBC Universal want to invest $177 million in Showmax
Africa's leading pay TV company, MultiChoice Group, and U.S. media powerhouse Comcast's NBCUniversal Media are set to embark on a...
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FBN Holdings posts unaudited pre-tax profit of N362.24 billion, reflects 129% profit growth
FBN Holdings has posted its unaudited condensed financial statements for FY 2023. The group posted a profit before tax of...
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Airtel Africa posts $2 million profit in nine months, as Naira devaluation costs company $748 million
Airtel Africa Plc has released its financial results for the nine months ending December 31, 2023.
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FG commends Dangote Cement for vital roles in economic diversification
The Federal Government has commended the leading roles being played by the Dangote Group to complement government’s efforts to diversify...
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Fidelity Bank releases unaudited financial statements for 2023, posts 128% pre-tax profit
Fidelity Bank Plc has released its condensed unaudited financial statements for 2023.
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