Company News
All the latest Nigerian company news, market intelligence and analysis
MTN Nigeria stock climbs over 20% month-to-date, eyeing N280 amid capital raising efforts
Shares of MTN Nigeria have soared by over 20% month-to-date in early January, with market activity exceeding 13 million shares...
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General Hydrocarbons issues statement addressing $225 million freezing injunction on its bank accounts
General Hydrocarbons Limited (GHL), owners and operators of OML 120, Deep Offshore Nigeria, has addressed a recent Mareva court injunction...
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FBN Holdings takes steps to safeguard company interests amid EGM demand reports
FBN Holdings says it is taking all necessary steps to safeguard the interests of the company and its subsidiaries. This...
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Fidelity Bank launches “Bundles of Joy” initiative to support children with special needs and their families
As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative...
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BUA Refinery in Akwa Ibom not 90% complete, Management clarifies
The management of BUA Group has refuted a purported report claiming that the BUA Refinery and Petrochemicals in Akwa Ibom...
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Saudi company SALIC to buyout Olam’s stake in Olam Agri
Singapore-based agribusiness giant Olam Group has confirmed receiving an offer from the Saudi Agricultural and Livestock Investment Company (SALIC) to...
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North-South Power, Axxela, and Stanbic Infrastructure Fund Consortium wins bid to acquire majority stake in Eko DisCo
WPG, the parent company of Eko DisCo is close to selling its entire stake in the electricity company to a...
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FirstBank exits 100 Senior Staff members in major reorganizational shakeup
FirstBank, the oldest bank in Nigeria and part of FBN Holdings’ entities has exited close to 100 senior staff members...
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Tantalizers signs MoU to acquire Apapa-based DanBethel Marine, reveals expansion plans
Tantalizers Plc has announced the signing of a Memorandum of Understanding (MoU) to acquire all assets of DanBethel Marine Services...
Read moreDetailsMTN Nigeria renews spectrum lease with NTEL to enhance connectivity across 19 states
MTN Nigeria Communications PLC (MTN Nigeria) has announced the renewal of its spectrum lease agreement with Natcom Development and Investment...
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