Category : Search result: corporate restructuring


DSS dismisses 115 personnel in major shakeup

In a significant organizational restructuring, Nigeria's Department of State Services has terminated 115 staff members across various commands nationwide. Get exclusive details on this security sector reform.

Lagos Fashion Week Redefines Corporate Style

Discover how Lagos Fashion Week 2024 is transforming corporate wear with bold prints, vibrant colors, and sophisticated silhouettes that blend professionalism with Nigerian cultural heritage.

Lafarge Faces French Court Over Terror Funding Claims

French cement giant Lafarge stands trial in Paris for allegedly paying millions to jihadist groups including ISIS during Syrian operations. Discover the explosive corporate terrorism financing case.

BAT Nigeria Leads Private Sector Climate Action Drive

British American Tobacco Nigeria is spearheading Nigeria's energy transition with ambitious solar projects and advocating for stronger private sector leadership in climate initiatives across West Africa.

Profit Over Nigerians: Feyi Fawehinmi's Business Truths

Discover the eye-opening revelations from financial analyst Feyi Fawehinmi about how Nigerian businesses prioritize profits over citizens' welfare and what entrepreneurs can learn from this troubling trend.

CI Public Relations Wins Crisis Management Award

Leading Nigerian PR firm CI Public Relations has been honoured with the 'Crisis and Reputation Management Company of the Year' award at the 2024 Marketing World Awards, recognizing their exceptional work in navigating complex communications challenges.

SROL Champions Community Impact at Nigerian Mining Week

Strategic Resources Orthopaedics Limited (SROL) made waves at Nigerian Mining Week 2025, unveiling groundbreaking initiatives that promise to transform mining communities through sustainable development and local empowerment.

AI Giants Accumulate Massive Debt in Tech Race

Major tech corporations are accumulating unprecedented debt to finance artificial intelligence development, creating both opportunities and risks for emerging markets like Nigeria.

APPNL Gets Dual Credit Rating Upgrades

Africa Prudential PLC receives simultaneous rating upgrades from two leading agencies, signaling strong financial health and enhanced market confidence in Nigeria's business services sector.

Northern Governor Creates 29 New LGAs, Seeks NASS Approval

In a groundbreaking move, a northern Nigerian governor has officially signed legislation establishing 29 new Local Government Areas, marking a significant restructuring of governance at the grassroots level. The historic development now awaits crucial app

Taxaide Technologies Appoints Emeka Obi to Board

Taxaide Technologies Limited, Nigeria's leading tax technology solutions provider, announces the strategic appointment of Emeka Obi to its Board of Directors, strengthening corporate governance and digital innovation.

Nissan Projects ₦2.6 Trillion Loss for 2025-26

Japanese automaker Nissan projects massive ¥180 billion operational loss for 2025-26 fiscal year. Company announces aggressive turnaround strategy including new models and cost reduction measures.

Segilola Resources Wins Second CIPM HR Award

Segilola Resources Operating Limited continues to set new standards in human resource management, securing its second consecutive CIPM award while transforming Nigeria's mining sector through exceptional workforce development.

Bauchi Creates 29 New LGAs, Seeks National Assembly OK

Bauchi State Government has officially created 29 new Local Government Areas in a groundbreaking administrative overhaul. Discover how this constitutional amendment could reshape governance and development in Northeast Nigeria.

BASF Profit Dips 37%, Demands EU Cut Red Tape

German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.

Nigerian firm donates generously to Lagos orphanages

In a remarkable display of corporate social responsibility, a leading Nigerian company has brought smiles to vulnerable children across Lagos orphanages with substantial donations of essential supplies and educational materials.

Court Freezes Nestoil Assets in $1B Debt Case

Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.

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