Management of the pan-African cement manufacturer, Dangote Cement Plc has revealed that once the shareholders at the AGM slated for April 13, 2023, approve the proposal, the shareholders whose names are registered in the Company's Register of Members at the close of business on 30 March 2023 will be...
Austin Avuru, the Chief Executive Officer (CEO) of Seplat Petroleum Development Company Plc, has exited the oil and gas company after 11 years. His exit will take effect from Friday, July 31, 2020.
Avuru made the disclosure of his exit in the company's latest financial statement, where he confirmed Roger...
Group of Shareholders Associations in Nigeria have urged the Federal Government to urgently intervene and prevail on the government of Kogi State to stop further harassment of investors in Kogi State.
They described as barbaric the use of thugs to embarrass investors, such as meted out on Dangote cement and...
Nigerian airline, Arik Air has retrenched over 300 workers.
While making the disclosure, the airline’s Public Relations and Communications Manager, Adebanji Ola, in a statement said the company took the decision to downsize its workers due to the COVID-19 pandemic which has caused the airline a major setback financially.
The statement...
The Dangote Group has been described as a significant premium player as over 300 corporate exhibitors are participating in the 17th Abuja International Trade Fair (AITF) that is expected to be declared open by President Muhammadu Buhari on Friday.
Speaking to newsmen, the Director-General of the Abuja Chamber of Commerce...
Shoprite, one of Africa's foremost retailers, has called it a quit in Nigeria after 15 years of operations in the country.
Disclosing its decision to abandon Nigeria's consumer market, Shoprite stated that it's considering a potential divestment from its Nigerian operation – Retail Supermarkets Nigeria Limited.
“Following approaches from various potential...
Aliko Dangote Foundation (ADF), in conjunction with the World Economic Forum (WEF) and Forum of Young Global Leaders (YGL), has unveiled gifted and high calibre individuals for the esteemed 2024 class of the World Economic Forum Young Global Leaders (YGL) Dangote Fellows.
ADF and WEF, in a release, said, “With great excitement and anticipation,...
Touch and Pay (TAP), a cowry card payment system, has now joined the W22 Y Combinator accelerator programme as the tech startup seeks to realise its core objective of widespread adoption of cashless transactions.
The addition of Touch and Pay to the accelerator programme brings the number of tech...
First Bank has finally confirmed that billionaire Femi Otedola is now its largest shareholder.
This development came after the financial institution released a statement that said the report published on Unmask NG that has it that Otedola had become a major shareholder in the bank after securing the acquisition of...
Parallex Bank, a newly-established financial institution, has transited into a Deposit Money Bank (DMB) barely three days after its launch.
Addressing stakeholders at the bank's corporate head office in the Victoria Island area of Lagos, Parallex Bank's Chief, Adeola Philips disclosed that the financial institution has secured the Central Bank...