Category : Corporate News


Baruwa Takes Over NURTW, Unseats MC Oluomo

Tajudeen Baruwa has assumed control of the National Union of Road Transport Workers, displacing Musiliu Akinsanya as president following court rulings affirming his legitimacy.

Unilever Nigeria N214b Turnover in 2025, 43% Increase

Unilever Nigeria Plc achieved a turnover of N214 billion in 2025, marking a 43% rise from 2024. Gross profit grew 62% to N90 billion, and net profit doubled to N32 billion, driven by power brands like Knorr and Vaseline.

OnlyFans Owner Leonid Radvinsky Dies at 43

Leonid Radvinsky, the Ukrainian-American billionaire behind OnlyFans, has died at age 43 after a private battle with cancer, sparking uncertainty about the platform's future ownership.

Sanusi II Earns N442m from MTN as Telecom Giant Profits

Muhammadu Sanusi II received N442 million in 2025 as a non-executive director at MTN Group, marking an increase from the previous year. This compensation rise coincides with MTN's return to profitability and highlights the value of experienced board overs

Nestlé Pure Life Wins 2025 Product of the Year Award

Nestlé Pure Life has been honored with the 2025 Product of the Year award by Leadership Newspaper for its commitment to delivering safe, high-quality drinking water and advancing sustainability initiatives in Nigeria.

Daniel, Osoba Hail Newspapers' Resilience at Awards

Former Ogun State governors Gbenga Daniel and Olusegun Osoba commended Champion Newspapers Limited for its resilience amid Nigeria's economic challenges at its annual awards in Lagos, honoring over 50 individuals and organizations for excellence.

Abdulsamad Rabiu: Africa's 3rd Richest Man at $11.2B

Nigerian billionaire Abdulsamad Rabiu's net worth surges to $11.2 billion, making him Africa's third richest man. Explore his journey from Kano to building the BUA Group empire in cement, sugar, and consumer goods.

Breathometer's Collapse After Shark Tank Deal

Breathometer secured a historic $1 million investment from all five Sharks on Shark Tank but collapsed due to product inaccuracies and FTC intervention, becoming a cautionary business tale.

Cupbop's Shark Tank Journey to $200M Valuation

After securing a $1 million investment from Mark Cuban on Shark Tank, Cupbop expanded from a Utah food truck to a $200 million global Korean barbecue chain with locations in the US, Indonesia, and Dubai.

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