Company News
All the latest Nigerian company news, market intelligence and analysis
Prestige Assurance names Umesh Mohan Rathod as new MD, announces other appointments
Prestige Assurance Plc has announced the appointment of Mr. Umesh Mohan Rathod as the company’s new Managing Director, effective June...
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Wilmar buys out PZ Cussons in $70M deal to fully own PZ Wilmar
PZ Cussons PLC and Wilmar International Limited (“Wilmar”) on Wednesday jointly announced that the two parties have agreed on definitive...
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CAP Plc appoints Oladele Ajayi as Non-Executive Director
Chemical and Allied Products Plc (CAP Plc) has announced the appointment of Mr. Oladele Ajayi as Non-Executive Director of the...
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Aliko Dangote retires as Chairman of Dangote Sugar Refinery after two decades, banking expert Arnold Ekpe takes over leadership
Billionaire industrialist Aliko Dangote has officially retired as Chairman of the Board of Directors of Dangote Sugar Refinery Plc, ending...
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Oando secures $375 million injection from Afreximbank and Mercuria, eyes 100,000 barrels per day
Oando Plc has announced that its upstream subsidiary, Oando Oil Limited, has successfully increased its reserve-based loan facility to $375...
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Sahara Power Group, Crescendough boost Nigeria’s Power Supply with 180MW Afam II Power Plant
Africa's largest private power business, Sahara Power Group (SPG), in partnership with Crescendough Nigeria Limited (CNL), has successfully commissioned the...
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Northern Nigeria Flour Mills declares 25 kobo dividends, reveals payment criteria and date
Northern Nigerian Flour Mills Plc has announced a final dividend of 25 kobo for every share of 50 kobo, payable...
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Drum maker Greif Nigeria settles obligations, plans final company meeting ahead of dissolution
Greif Nigeria Plc has announced that it has settled its tax obligations and other outstanding liabilities, a key requirement for...
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Access Holdings appoints Akinyemi Odusolu as Independent Non-Executive Director
Access Holdings Plc has announced the appointment of Mr. Akinyemi Odusolu as an Independent Non-Executive Director of its subsidiary, Access...
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Fitch upgrades Fidelity Bank’s National Rating to ‘A+(nga)’, affirms long-term IDR at ‘B’
Global credit rating agency Fitch Ratings has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded...
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