Company News

September 18, 2025

Sterling Bank celebrates first cohort of N2 billion Beyond Education Scholarship at Sterling Leadership Series

September 18, 2025

United Capital confirms death of six staff in Afriland Tower fire

September 18, 2025

Appointments

Airtel chairman Sunil Bharti Mittal, one director join BT Group Board

September 16, 2025

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Company News

All the latest Nigerian company news, market intelligence and analysis

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

by Oluwatobi Odeyinka

March 14, 2025

Renaissance Africa Energy Holdings, a consortium of Nigerian and international energy firms, has completed the acquisition of the Shell Petroleum...

Roger Brown, Chief Executive Officer, Seplat Energy

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

March 13, 2025

Seplat Energy Plc has announced to the public and the NGX that its Chief Executive Officer and Executive Director, Mr....

Non-harmonisation of exchange rate is killing foreign portfolio investment – Dayo Obisan

Appointments

Former SEC director Obisan appointed to Canary Point Holdings board

by Israel Ojoko

March 11, 2025

Former Executive Director of Operations at the Securities and Exchange Commission (SEC), Dayo Obisan, has been appointed as a board...

Seplat reports increased production from newly acquired Mobil asset SEPNU

March 9, 2025

Seplat Energy Plc has reported an 11% increase in total production following the acquisition of Mobil Producing Nigeria Unlimited (MPNU),...

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

by NM Partners

March 7, 2025

The cost of preparing beef stew in Lagos rose from ₦6,902 in 2022 to ₦8,060 in 2023 (a 16.77% increase)...

NNPC no longer owns 20% of Dangote Refinery, says Aliko Dangote

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

by Olalekan Adigun

March 6, 2025

The Dangote Industries Limited (Dangote Group) has disclosed that it paid over N402 billion in taxes in 2024, reaffirming its...

MTN MoMo active wallet users decline by 47% in 2024

by Samson Akintaro

March 1, 2025

MTN Nigeria has said that its mobile money subsidiary, MoMo PSB, recorded a 47% decline in active wallet users at...

MTN Nigeria records N400.4 billion loss after tax in 2024 despite revenue growth

by Samson Akintaro

February 28, 2025

MTN Nigeria Communications Plc recorded a N400.4 billion loss after tax in the full year of 2024 despite a 35.9%...

Caverton announces joint venture with NNPC’s Stena Bulk, reveals foreseeable benefits

February 26, 2025

Caverton Offshore Support Group Plc has announced a joint venture involving the Nigerian National Petroleum Corporation (NNPC) Shipping, Stena Bulk,...