Nigerian Breweries’ Earnings Squeezed by New Tax Rates as Bill Jumps 45%
The brewer recorded an 18% increase in profit before tax, but a steep rise in income-tax expense restricted net-profit growth
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Economics
Dangote Cement Swings to N215bn Net Cash After Slashing Debt by 46%
Dangote Cement Plc strengthened its balance sheet in the first half of 2026, moving from a net debt position of
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Dangote Cement Posts Higher H1 Profit as Nigerian Exports Jump 62%
Dangote Cement Plc reported a 22.7% increase in profit after tax for the first half of 2026, supported by higher
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S&P Global to Buy Majority Stake in Nigeria’s Agusto & Co in African Ratings Push
The deal combines S&P Global Ratings’ international capabilities with Agusto & Co.’s local expertise across Nigeria, Kenya, Rwanda and Ghana.
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Trump’s New Tariff Unlikely to Hit Nigeria Hard, Says CPPE
Nigeria is unlikely to suffer significant economic damage from the latest United States tariff measures because more than 80 percent
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Moniepoint Says 75% of MSME Borrowers Were First-Time Formal Credit Users
*Fintech disbursed $700m loans in 2025 Three out of every four Micro, Small and Medium-sized Enterprises (MSMEs) that borrowed from
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FDI Inflow into Nigeria Hits 11-Year High on Oil Sector Recovery
*Foreign direct investments more than double to $4bn in 2025 Nigeria experienced a sharp rebound in long-term capital inflows last
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Nigerian Government Rebuts Claims of Off-Budget ₦8trn Spending
Nigeria’s Federal Ministry of Finance has rejected claims that the Federal Government spent about two percent of GDP — estimated
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Billionaire Aliko Dangote Eyes Massive Investment Push in Tanzania
Aliko Dangote, president and CEO of Dangote Industries Limited, has met with the president of the United Republic of Tanzania,
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Islamic Insurer Commits $626m to Tinubu’s Lagos-Calabar Coastal Highway Project
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer
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