Corporate and Commercial

The Kogi state government, yesterday, responded to Dangote Industries Limited’s insistence on 100 per cent ownership of Obajana Cement Company, saying that DIL’s efforts at making the state’s demand appear unreasonable had only justified the state’s protest against what it described as…

Dangote Industries Limited, the parent organisation of Dangote Cement Plc has maintained that the process of acquiring its cement plant located in Obajana, Kogi State, followed due process. This followed claims by the government of Kogi State that the company had no concrete…

Exactly six years after it acquired Mobil Oil Nigeria Plc, now known as 11plc, an integrated energy solutions provider, NIPCO Plc, has acquired the Abuja Sheraton Hotel in a conscious move to drive its mission to diversify into the hospitality industry. In this…

The Management of Dangote Cement Plc. yesterday firmly declared that the Obajana Cement plant in Kogi State is owned 100 per cent by it and that the invasion of the plant last Wednesday by armed vigilantes “on the orders of the state…

Telecommunications services provider, Globacom, yesterday, unveiled current African, Commonwealth and World 100m hurdles champion, Tobi Amusan, as its latest brand ambassador. Tobi became the first Nigerian world champion in an athletic event, when she won the gold medal in metres hurdles at the 2022 World Athletics Championships.…

Shell has made its first power sector acquisition in Africa with the purchase of a Nigerian renewable energy provider, as the oil major seeks to build out a green energy business that will eventually reduce its dependence on fossil fuels. Daystar Power, which…

KPMG, one of the leading global professional services firms in the country has announced the appointment of Tola Adeyemi as the Regional Senior Partner and Chief Executive of KPMG in Nigeria and West Africa. The appointment which becomes effective from October 1, 2022,…

Global technology giant, Microsoft has appointed a Nigerian as the new head of its Africa transformation office. Kunle Awosika who has been with the company since 2000 takes over from Wael Elkabbany as the head of the Africa Transformation Office (ATO). Kunle has held…

The Corporate Affairs Commission (CAC) has pledged to support the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) Business Women Working Group (NAWORG) in its quest to provide customized advocacy training for women entrepreneurs to motivate them to register…

PwC Nigeria has announced the direct partner admission of Olusegun Zaccheaus, who is expected to lead the firm’s Strategy and Practice in the West Market. In view of his latest admission into the firm, the company is looking forward to working with Olusegun,…