Companies
All the latest Nigerian company news, market intelligence and analysis
Ethiopia to sell stake in Ethio Telecom, to open it’s economy
Ethiopia has disclosed plans to sell off a 40% stake in the state-owned carrier, Ethio Telecom to private investors.
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CBN refutes report on alleged nationalisation of Unity Bank
The CBN has refuted allegations that it plans to nationalise Unity Bank Plc.
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What Total’s CEO told President Buhari in France
The board of Total Plc has revealed its intention to expand its investments plans in Nigeria, to the Federal Government.
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First Bank’s board replacement won’t affect profitability – Fitch
CBN's remedial actions will not have a material effect on the group's asset quality, profitability and capitalisation.
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Airtel Nigeria announces appointment of Surendran as new Chief Executive Officer
Airtel Nigeria, has announced the appointment of Mr C. Surendran as the new MD/CEO with effect from August 1, 2021.
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Our First Bank loan is being serviced, reduced by 30% in 2 years – Honeywell Group
The credit facilities accessed from First Bank were granted after due negotiations, with the necessary documentation and in line with...
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Airtel Africa signs new $500 million loan with Bank of America, HSBC, others
The new committed facility consists of a combination of a revolving credit facility and term loans with tenor of up...
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Unilever earmarks N62 million as remuneration to its Non-Executive Directors in 2021
Unilever Nigeria has fixed its remuneration to the Non-executive Directors of the company in 2021 at N62 million.
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COVID-19, VAT, FX scarcity adversely impacted our operations in 2020 – Nigerian Breweries boss says
NB Plc’s operations in 2020 were adversely impacted by the COVID-19 pandemic, VAT increase and FX devaluation.
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Highest paid Nigerian bank MD/CEOs of 2020
Bank MD/CEOs in Nigeria earned a combined N1.5 billion in salaries in 2020.
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