AXA Mansard Non-Executive Director Melina Cotlar Resigns
Melina Cotlar has resigned as a Non-Executive Director at AXA Mansard Insurance Plc, effective 29 May, after serving since April 2023. The board commended her contributions.
Category : Corporate News
PZ Cussons posts N260.46bn revenue, 388% profit surge
PZ Cussons recorded N260.46 billion in revenue for 2026, a 22% increase, while profit surged 388% to N49.10 billion, driven by brand strength and execution discipline.
Coca-Cola Marks 75 Years in Nigeria with 60cl Anniversary Bottles
Coca-Cola celebrates 75 years in Nigeria with limited-edition 60cl anniversary bottles giving 20% more value across Coca-Cola Less Sugar, Zero Sugar, Fanta and Sprite.
Fashola: Lagos Discounted Land for Dangote Refinery
Former Lagos Governor Babatunde Fashola revealed the state discounted land for the Dangote Refinery to secure the $19 billion investment, emphasizing strategic economic benefits.
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Golden Penny rewards dealers with over ₦266M prizes
Golden Penny Foods awarded over ₦266 million in cash and three Toyota Hilux trucks to dealers at its 2026 B2C Conference, also launching Golden Penny Penne 500g.
Entrepreneur Visits Dangote Oil Refinery, Shares Joy in Video
Simon Guobadia, CEO of Simcol Group, visited the Dangote Oil Refinery in Lagos for the first time and expressed excitement on Facebook ahead of the impending IPO.
Spiro Raises $215M: Not Just an Electric Okada Company
Spiro raised $215 million from infrastructure investors, not typical VCs. The pan-African firm is building a battery-swap network across seven countries, including Nigeria, positioning itself as a distributed power grid rather than just an e-bike maker.
Fan Milk Danone Nigeria Appoints Oreoluwa Atinmo MD
Fan Milk Danone Nigeria has appointed Mrs. Oreoluwa Atinmo as its new Managing Director, effective July 3, 2026, succeeding outgoing MD Mr. X.
PZ Cussons Nigeria appoints new Company Secretary
PZ Cussons Nigeria Plc has appointed Oghenekevwe Ogefere as Company Secretary effective July 1, succeeding Alsec Nominees Limited. Ms. Ogefere brings over 13 years of legal and governance experience.
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PZ Cussons Appoints Oghenekevwe Ogefere as Company Secretary
PZ Cussons Nigeria has appointed Oghenekevwe Ogefere as Company Secretary, effective July 2, 2026, succeeding Mrs. Oluwakemi Ogunleye.
Diaspora Insurance Eases Funeral Financial Burden for Africans Abroad
Diaspora Insurance offers tailored funeral insurance to Africans abroad, providing guaranteed acceptance, immediate cash payouts, and worldwide coverage to ease repatriation and burial costs.
NDIC Pays N37.65 Billion to Failed Bank Depositors
NDIC disbursed N37.65 billion to failed bank depositors in 2025, including N4.06 billion to insured depositors and N33.59 billion in liquidation dividends, while recovering N42.69 billion in debts.
Unilever Nigeria Names New Executive Director
Unilever Nigeria Plc has appointed Modupe Femi-Okunbanjo as Executive Director, replacing Ibrahim Sodipe who resigned effective 30 June, citing her finance and governance expertise.
Ford Hires Back 300 Engineers After AI Fails
Ford rehires over 300 veteran quality inspectors after AI tools failed to match human expertise in detecting defects and supply issues at manufacturing plants.
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From Mobile Phones to Smart Homes: itel Home Evolution
itel Home expands to 112 stores across Nigeria, evolving from mobile phones to a one-stop digital home appliance retail chain, enhancing access to technology.
Access Holdings Executive Director Bolaji Agbede Retires
Access Holdings Plc announces the retirement of Executive Director Bolaji Agbede, effective June 30, 2026, after over two decades of service, including a stint as Acting Group CEO.
Lafarge Africa Rebrands to HBM Nigeria Plc
Lafarge Africa Plc has officially changed its corporate identity and name to HBM Nigeria Plc, marking a new chapter in its transformation journey and reinforcing commitment to Nigeria's industrial growth.
Elon Musk Loses Trillionaire Status as Net Worth Drops
Elon Musk's net worth fell below $1 trillion, losing his trillionaire status after a 30% drop in Tesla shares and a court ruling blocking his $56 billion pay package.
CAP Plc appoints executive director, company secretary
CAP Plc announces the appointment of a new executive director and a company secretary, effective immediately, to strengthen its management team.
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Lafarge Changes Name to HBM Nigeria Plc
Lafarge Africa Plc rebrands to HBM Nigeria Plc, unveiling a new corporate identity to align with its global parent company's strategy. The change reflects a unified vision.
Supreme Court to Launch E-Filing and Digital Case Management
The Supreme Court of Nigeria will unveil an electronic filing system and digital case management platform on 1 July, announced Chief Registrar Kabir Akanbi, aiming to modernize justice administration.
Zedvance Finance Appoints Three New Directors to Board
Zedvance Finance Limited has appointed three new independent non-executive directors to bolster its board and drive growth in Nigeria's consumer finance sector.
NITDA, Meta Partner for Youth Online Safety
NITDA and Meta launch a partnership to enhance online safety for Nigerian youth, focusing on digital literacy and data protection.
GTBank Staff Promoted After 3 Years, Shares Inspiring Story
Samuel Shobande, a GTBank employee, celebrates promotion from Executive Trainee to Assistant Banking Officer after three years, highlighting consistency and praise from leaders.
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Lafarge Africa Plc Rebrands to HBM Nigeria Plc
Lafarge Africa Plc has officially changed its name to HBM Nigeria Plc, unveiling a new corporate identity that aligns with its shareholder structure and signals a forward-looking phase of growth.
Lagos businesswoman evicted after spending millions on renovations
A Lagos entrepreneur lost two business locations after investing millions in renovations, sparking debate on tenant protections as Lagos considers new tenancy laws.
CBN Employee Celebrates 5 Years, LinkedIn Post Sparks Reactions
Abigail Qurix, a fixed assets officer at the Central Bank of Nigeria, celebrated her 5th work anniversary on LinkedIn, drawing mixed reactions from netizens.
NCC, CAC Mandate Approval for Telecom Share Transfers Over 10%
NCC and CAC now require telecoms to obtain a Letter of No Objection before transferring 10% or more shares, aiming to ensure fair competition and regulatory oversight.
US $750 Premium Visa Fee: Fast-Track Interviews for B1/B2
The US State Department introduces a $750 non-refundable premium fee for expedited B1/B2 visa interviews, reducing wait times to 10 days, effective July 1 to December 31, 2026.
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Reckitt Nigeria Appoints Toyin Ojora Saraki, Abimbola Olashore
Reckitt Nigeria appoints Toyin Ojora Saraki and Abimbola Olashore as independent non-executive directors, strengthening its board amid strategic growth in Nigeria.
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