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Corporate News

Read the latest company news in Nigeria across all sectors, including insurance, oil, and investment.

Managing Directors (MDs) of Portland paints and Chemical and Allied Products (CAP), Bolarin Okunowo, and David Wright, have respectively reacted to a proposed acquisition deal. Recall that Chemical and Allied Products was set to take over Portland Paints’ assets, liabilities, and business undertakings including its real property and intellectual property...
Nigerian Exchange Group (NGX) was launched  in Lagos on the 18th of May, to show its commitment to the African financial markets. The event which was titled “The Stock Africa Is Made Of” hosted some business moguls and captains of Industries, with the likes of Alhaji Aliko Dangote, GCON, Chairman, Dangote...
Dangote Cement has launched a circular economy programme, called “DangCircular”. The new initiative aims to promote recycling and reuse of scarce resources in society to reduce landfilling and create wealth as a contribution to environmental sustainability. DangCircular was rolled out during this year’s Dangote Sustainability Week, targeting students of Nigerian higher institutions....
Flour Mills of Nigeria Plc (FMN) and Honeywell Group Limited (HGL) would soon finalise their plan to merge, as they signed an agreement for the proposed combination of FMN through its affiliates. The merger would see the establishment of Honeywell Flour Mills Plc (HFMP), a portfolio company of HGL, at...
The Nigerian government says it lifted the ban placed on the operation of microblogging site Twitter, because the company has made some concessions, and talks between both parties have been fruitful. A senior government official disclosed that the government decided to lift the suspension because Twitter has agreed to terms...