Tag: becomes

Dangote Plc becomes most valuable company in Nigeria
Business

Dangote Plc becomes most valuable company in Nigeria

Dangote Cement Plc on Wednesday, surpassed Airtel Africa Plc to become the most valuable company on the Nigerian Exchange Limited, with a 9.98 percent increase in share price. In little than a week, the richest man in Africa rose from third place to the top with his main firm. On November 1, 2023, Airtel Africa […]

Transcorp Hotels becomes first Nigerian firm to pass N1tn market cap
Business

Transcorp Hotels becomes first Nigerian firm to pass N1tn market cap

A hospitality subsidiary of Transnational Corporation Plc, Transcorp Hotels Plc, is Nigeria’s first hospitality organization to cross the N1 trillion market capitalization threshold, admitting it to the SWOOTs (Stocks Worth Over One Trillion) club. Transcorp Hotels Plc (TRANSCOHOT) gained 7.24% at the NGX on Wednesday, January 10, 2023, to close at a share price of N100, bringing […]

Rich kid Frédéric Arnault becomes LVHM watch division CEO
Business

Rich kid Frédéric Arnault becomes LVHM watch division CEO

The luxury conglomerate LVMH, owned by billionaire Bernard Arnault, has appointed Frédéric Arnault, 29, as CEO of its Watches segment. This newly created position is in charge of notable brands such as Hublot, Tag Heuer, and Zenith. His appointment, which took effect on January 1, aligns with LVMH’s ambition for robust and sustainable growth within […]

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