Transcorp Power Lists on the Nigerian Exchange; Gains 10% First Day of Trading

Transcorp Power Plc, a power subsidiary of Transnational Corporation Plc (Transcorp Group), has listed its shares via introduction on the Main Board of the Nigerian Exchange (NGX), adding more than N1.8 trillion to the market capitalization of NGX and further boosting liquidity in the Nigerian capital market.  The listing was celebrated on the 4th of March 2024,…

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Harvard Business School Launches Tony Elumelu Foundation Case Study

…….Spotlights Role of African Philanthropy in Transforming the Development Agenda in Africa The Founder, Tony Elumelu Foundation and Group Chairman, UBA, Mr. Tony O. Elumelu: Faculty member and Professor of Business Administration, Harvard Business School(HBS), Professor Paul Gompers, flanked by students of the HBS during the introduction of Tony Elumelu Foundation Case Study as part…

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PZ Cussons Nigeria financially distressed as liabilities surpass assets

  PZ Cussons Nigeria   is facing possibly its biggest existential problem since setting foot in the country 125 years ago after Nigeria’s harrowing foreign exchange crisis plunged the country deeper into troubled waters. The local unit of British healthcare products and consumer goods giant PZ Cussons Plc slipped into a negative net asset position…

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Heirs Energies Celebrates Third Anniversary with Significant Milestones in Production Growth, Transformational Community Engagement, and a Sound Safety Record

Heirs Energies, Africa’s foremost indigenous-owned integrated energy company, commemorated its three-year anniversary. In a short timescale, Heirs Energy has implemented a track record of significant production increases, pioneered a new model of community engagementand built at world class Nigerian management team, all contributing to a new beginning in ensuring Nigeria’s sustainable energy future. Heirs Energies…

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AEDC, Others Partner to Deliver Uninterrupted Power Solution in Abuja

Abuja Electricity Distribution  Plc (AEDC), on Thursday, 18th January, 2023, consolidated its lead in the provision of integrated power solutions with the signing of a tripartite agreement with Daystar Power Solutions Limited (Daystar Power)  and The Wood Factory Limited (Wood Factory), to pioneer the delivery of its first grid-connected and solar hybrid power solution for…

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