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    Financials

    New major investor acquires Dahiru Mangal’s shareholding in Oando

    Oando Plc Monday said a new substantial investor, Leaf Investment & Realtors Limited, has acquired 1,968,452,614 units of the company’s shares previously belonging to...

    MTN Nigeria launches sale of shares to retail investors, offers ‘free shares’

    MTN Nigeria Communications Plc (MTNN) has announced the price of its initial public offering to retail investors. The company is making 575 million of its...

    GCR Revises UBA Plc’s Long-term National and International Scale Ratings on Criteria Change

    GCR Ratings ("GCR") has revised United Bank for Africa Plc's long term national and international scale ratings to AA+(NG) and B from AA-(NG) and...

    MTN Nigeria launches equity book build for qualified investors

    MTN Nigeria Communications Plc (MTNN) have obtained the approval of the Securities and Exchange Commission (SEC) for the offer for the sale of up...

    Flour Mills to buy First Bank’s stake in Honeywell

    Flour Mills of Nigeria Plc and Honeywell Group Limited have announced the signing of an agreement for the proposed combination of FMN and Honeywell...

    Flour Mills Acquire 71.69% Stake in Honeywell Flour Mills

    Flour Mills of Nigeria (FMN) Plc and Honeywell Flour Mills on Monday announced a merger and acquisition deal valued at N80 billion. Honeywrll Group Limited,...

    U.S top premier omnichannel retailers Marcy to shut 185 department stores before 2023 in strategy shift

    Macy’s said Thursday it is reconsidering when it will close the roughly 60 remaining open stores out of a batch of 125 that were...

    U.S largest pharmacy and drugstore chain CVS shuts 900 stores as it shifts to digital strategy

    CVS Health said Thursday that it will close about 900 stores over the next three years, as it adjusts to shoppers who are buying...

    Unilever bags $5 bln deal with CVC for tea business

    Nov 18 (Reuters) - Unilever Plc (ULVR.L) has agreed to sell its global tea business to CVC Capital Partners for 4.5 billion euros ($5.1...

    Odu’a Investment Company Limited Undergoing Transformation into a World-Class Conglomerate

    Odu'a Investment Company Limited is undergoing restructuring to enhance its performance, achieve sustainable growth, and transform into a world-class conglomerate in no distant time....

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