Company News
All the latest Nigerian company news, market intelligence and analysis
Seplat Energy announces extension agreement for ExxonMobil acquisition
Seplat Energy Plc has announced an extension of the share sale and purchase agreement (SSPA) for the acquisition of ExxonMobil’s...
Read more
Diageo to begin paper bottle packaging of Baileys drink
Johnny Walker maker Diageo has announced it would start paper packaging Irish cream liquor, Baileys as part of a trial.
Read more
International Breweries opens rights issue, seeks to raise N588 billion
International Breweries opened its N588 billion rights issue programme on May 21, 2024.
Read more
Seplat Energy awards MD Roger Brown shares worth N14.644 billion under LTIP
Seplat Energy Plc has announced that share awards have been granted to the company’s Managing Director, Mr. Roger Brown under...
Read more
Airtel Africa completes $550 million bond repayment from cash reserves
Airtel Africa has confirmed that its subsidiary, Bharti Airtel International (Netherlands) B.V., has completed a $550 million bond repayment that...
Read more
Inflation: International Breweries to increase price of Trophy, Malt on June 1
Nigerian brewer, International Breweries, has announced price reviews of its Trophy, malt and lager products beginning from the 1st of...
Read more
Basil Omiyi retires as Stanbic IBTC Holdings chairman
Mr Basil Omiyi has retired as Chairman of Stanbic IBTC Holdings after seven years of heading the group.
Read more
Stanbic IBTC seeks to raise N550 billion through rights issue and debt placement
Stanbic IBTC Holdings Plc is looking to raise N150 billion through a rights issue programme and N400 billion through a...
Read more
Restructuring: FMN’s packaging division to operate as Bagco Industrial Solutions Ltd in Nigeria
Shareholders of Flour Mills Nigeria Plc have approved a resolution pertaining to the restructuring outlined in the scheme document dated March 22,...
Read more
Shareholders of Seplat Energy approve 15 cents per share dividend
Seplat Energy Plc’s shareholders have approved the payment of US 15 cents per share recommended by the company’s board of...
Read more
