Companies

Court rejects Lafarge’s suit to stop planned sale to Huaxin Cement

A Federal High Court sitting in the Ikoyi area of Lagos State has dismissed a motion by Lafarge Africa Plc…

1 year ago

Burberry threatens to sack 1,700 employees over $100m loss

British luxury fashion label Burberry says it could shed almost one-fifth of its global workforce over two years to reduce…

2 years ago

Microsoft to sack 6,000 workers

Microsoft has announced its readiness to sack 6,000 employees across all levels. Microsoft, on Tuesday, May 13, 2025, said it…

2 years ago

Nissan records $4.5bn loss, sets to sack 20,000 workers

Nissan posted a huge annual net loss of $4.5 billion on Tuesday, May 13, 2025. Nissan also confirmed reports that…

2 years ago

Dangote: We’re not competing with NNPC

The President of Dangote Group, Aliko Dangote, says the Dangote Petroleum Refinery and Petrochemicals is not in a competition with…

2 years ago

Seplat to begin gas exports to boost forex earnings

Seplat Energy Plc says it will start exporting gas to enhance foreign exchange (FX) earnings and deliver greater value to…

2 years ago

Shell profit sinks 35% in Q1 2025 as oil prices fall

British energy giant Shell has reported a drop in its net profit in the first quarter of 2025 as the…

2 years ago

BUA Foods generates N442.1bn revenue as profit hits N125.28bn in Q1 2025

BUA Foods Plc has announced a revenue growth of 24 per cent to N442.1 billion in the first quarter of…

2 years ago

GTCO posts N300.4bn profit in Q1 2025

Guaranty Trust Holding Company Plc (GTCO) has announced a profit before tax of N300.4billion in the first quarter of 2025.…

2 years ago

Seplat generates N1.228trn revenue, profit hits N535.4bn in Q1 2025

Seplat Energy Plc has announced that its revenue increased to N1.228 trillion in the first quarter of 2025. Seplat, on…

2 years ago

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