Company News
All the latest Nigerian company news, market intelligence and analysis
Cadbury Nigeria reports N28.3 billion pre-tax loss for 2024 despite 60% revenue growth
Cadbury Nigeria Plc has released its audited financial results for the year ended December 31, 2024, reporting a pre-tax loss...
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Fidelity Bank’s pre-tax profit hits a record N385 billion in 2024, up 210%
Fidelity Bank Plc has announced a pre-tax profit of N385.215 billion for the 2024 financial year that ended December 31,...
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BUA Foods hits N1.5 trillion in revenue, profits soar 162% as it overtakes multinational competitors
BUA Foods Plc has reported record-breaking results for its 2024 financial year, with revenue crossing the trillion-naira mark for the...
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VFD Group secures Board approval for investments in Abbey Mortgage Bank and Bvndle, unveils capitalization strategy
VFD Group Plc has announced that its Board of Directors approved significant investments in Abbey Mortgage Bank Plc and the...
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Unilever Nigeria appoints Adenike Ogunlesi as Independent Non-Executive Director, reveals board structure
Unilever Nigeria Plc has announced the appointment of Mrs. Adenike Ogunlesi as an Independent Non-Executive Director of the Board. This...
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The evolution of Nigerian media: A deep dive into New Telegraph Newspaper
In today’s digital age, the media landscape is constantly evolving. With the rise of social media platforms and online news...
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NGX lifts suspension on Mutual Benefits Assurance shares after compliance update
The Nigerian Exchange Ltd. (NGX) has announced the lifting of the trading suspension on the shares of Mutual Benefits Assurance...
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Alitheia Capital and Goodwell Investment exit Baobab Nigeria after 12 years
Alitheia Capital and Goodwell Investments have announced their successful exit from Baobab Nigeria, marking the first exit of their joint...
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FirstHoldco announces 25% oversubscription of N150bn rights issue, plans N350 billion private placement
FirstHoldco Plc has disclosed the successful completion of its N150 billion Rights Issue, which was oversubscribed by an impressive 25%....
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Dangote Cement appoints Dr. Gbenga Fapohunda as Group Financial Officer
Dangote Cement Plc has announced the appointment of Dr. Gbenga Fapohunda as its substantive Group Financial Officer, effective January 1,...
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