Business

BUA Foods Plc slumped by 10% in the equities market as investors sell down their interest in the company. At the close of trading session on Friday, BUA Foods fell to N373.50 per share, lost N747 billion due to a single day sell pressure. The market recorded that BUA Foods …

Shareholders under the aegis of the New Dimensional Shareholders Association have voiced strong opposition to PZ Cussons Nigeria Plc’s proposed $34.3m debt-to-equity conversion, describing the plan as unfair to minority shareholders and a move that leaves them marginalized. PZ Cussons Nigeria Plc announced its intention to convert a $34.3m loan …

Airtel Nigeria, the country’s second-largest telecommunications operator (Telco) has announced a significant adjustment to its data pricing structure. A check by the News Agency of Nigeria (NAN) using the *312# code and on the Airtel website showed the revised data prices. According to the telco’s website, the revision, which affects …

Nigerian customers of Moniepoint, a fintech bank, have expressed widespread frustration and discontent with the company’s operations, citing numerous difficulties and challenges. One such customer, Suleiman Abubakar Audu, shared his ordeal with PM News, revealing that his account, containing N522,000, had been inexplicably closed for over ten weeks. Audu noted …

Emirates launches an elevated array of new Business Class inflight dishes designed by renowned chefs and paired with exclusive Moët & Chandon Champagne Emirates’ Business Class customers can look forward to yet another elevation of the inflight experience, as an array of 18 new dishes will be launched onboard this …

African Voices, the 30-minute magazine programme sponsored by Globacom on CNN International, will showcase Nigeria’s Afrobeats and reggae-dancehall singer and songwriter, Patoranking. The programme equally hosts Derrick Cobinnah, A Ghanaian that has been rehabilitating war veterans in the country. The hugely successful Nigerian singer and songwriter and is expected to …

The Federal Government has affirmed the Dangote Group’s pivotal role in the country’s push towards industrialization, as the company took the center stage at the ongoing Kaduna International Trade Fair. Acting Permanent Secretary in the Ministry of Industry, Trade and Investment, Dr. Dafang I. Sule, who represented President Bola Ahmed …

As a show of love this Valentine’s season and in line with its commitment to support female-owned businesses, Stanbic IBTC Bank has partnered with the International Finance Corporation (IFC) to roll out the Goldman Sachs 10,000 Women online course to promote women’s entrepreneurship. The programme is championed by Goldman Sachs …

Guaranty Trust Bank Ltd has announced the removal of processing fees on all GTBank POS terminals, reinforcing its commitment to supporting businesses with cost-effective payment solutions. This initiative, which took effect Tuesday, 11 February 2025, communicates that merchants using GTBank POS terminals will no longer incur Merchant Service Charges (MSC) …

Nigeria’s largest telecom operator, MTN, has issued a public apology to its customers following widespread complaints about a sudden 200% increase in the price of its popular 15GB data bundle. The price hike where internet subscribers will have to pay N6,000 for a 15GB weekly data plan which is a …