Dangote Eyes Steel, Power, Ports in New Pan-African Expansion Push
President of Dangote Group, Aliko Dangote, has unveiled plans to expand into steel production, electricity generation and port development as
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Author: Markets Reporters
Champion Breweries Begins 14-Market African Beverage Play After Bullet Brand Buyout
Champion Breweries Plc has completed the acquisition of the Bullet brand portfolio from UK-based Sun Mark, a transaction that propels
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How Escalating Middle East Conflict Could Affect Nigeria, By CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has warned that the escalating conflict involving Iran, the United States
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Four in Five Seplat Employees Earn Above N10m Monthly
Nearly 80 percent of employees on the Nigerian payroll of Seplat Energy took home the equivalent of more than N10
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Dangote Cement Jacks Up Dividend by 50% as Net Profit Surges Past N1trn
Dangote Cement Plc, Africa’s biggest manufacturer of the building material, has proposed a 50% increase in dividend payment after posting
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BUA Cement Proposes 388% Dividend Hike as Profit Surges Nearly Fivefold
BUA Cement Plc, Nigeria’s second-biggest producer of the building material, has proposed a sharp increase in dividend payment for the
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Chinese-Controlled Lafarge Africa Soars as Revenue Tops N1trn for First Time
Lafarge Africa Plc, the Lagos-listed cement producer now majority-owned by China’s Huaxin Building Materials Group Co., Ltd, saw its share
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MTN Nigeria Rebounds With Record N1.1trn Profit, Ending Two-Year Loss Streak
MTN Nigeria Communications Plc has reported a dramatic turnaround in its 2025 financial year, swinging to a profit after tax
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Post-Acquisition Boom: Seplat Clears $326m ExxonMobil Balance as Revenue Soars 144%
Seplat Energy Plc has confirmed the payment of an additional $326.2 million to ExxonMobil in 2025, finalising the financial obligations
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Seplat Revives 49 Former ExxonMobil Wells, Eyes 50 More in 2026
Seplat Energy Plc has restored 49 idle oil wells one year after completing its landmark acquisition of Mobil Producing Nigeria
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