Companies

First HoldCo hits N140 share price as market value rises to N6.3trn

First HoldCo Plc’s share price climbed to an all-time high of N140 on Thursday, August 6, 2027, lifting its market…

2 months ago

H1 2026: BUA Foods posts N292bn profit as total assets hit N1.6trn

BUA Foods Plc has reported a profit after tax of N292.27 billion for the first half of the year ended…

2 months ago

Glovo unveils AI shopping assistant for ChatGPT, Claude users

Glovo has launched its new AI-powered Shopping Assistant for ChatGPT and Claude, allowing users to discover products, compare prices and…

2 months ago

H1 2026: United Capital posts N21bn profit as shareholders’ funds rise to N187bn

United Capital Plc has recorded an increase in profit in the first half of the year ended June 2026. The…

2 months ago

Axxela connects Sheraton, Radisson Blu, others to gas network to boost distribution

Axxela Limited, a leading gas and power company in sub-Saharan Africa, has successfully onboarded new customers to its vast natural…

2 months ago

inDrive appoints Abhey Lamba as Chief Financial Officer

Global mobility and delivery platform inDrive has announced the appointment of Abhey Lamba as the company’s Chief Financial Officer. inDrive…

4 months ago

Nike to sack 1,400 workers

Sportswear company Nike has announced it is laying off about 1,400 employees to streamline workflows. Nike announced this via a…

5 months ago

Meta begins mass layoffs May 20 as Zuckerberg invests in AI

Meta is preparing to roll out the first phase of significant job cuts on May 20, with additional layoffs likely…

5 months ago

Meta set to sack many workers as AI costs mount

Meta is planning sweeping layoffs ​that could affect 20% or more of the company, three sources familiar with the matter…

6 months ago

MultiChoice to discontinue Showmax after Canal+ takeover

MultiChoice Group has announced plans to discontinue its streaming platform, Showmax, following a strategic review of its digital operations. MultiChoice…

7 months ago

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