Dangote Cement Slashes Net Debt by 83% as Cash Pile Grows
Dangote Cement Plc cut its net debt by 83% in the first quarter of 2026, driven by strong operating cash
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Economics
Dangote Cement Posts 53% Profit Rise in Three Months
Dangote Cement reported a profit after tax of N321.09 billion for the first three months of this year, up from
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Lafarge Africa’s Three-Month Profit Doubles to N98 Billion
Lafarge Africa Plc, the Lagos-listed cement producer now majority-owned by China’s Huaxin Building Materials Group Co., Ltd, reported a profit
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Ibukun Awosika Bows Out of Cadbury Nigeria After 16 Years
Cadbury Nigeria Plc has announced the resignation of Ibukun Awosika from its board of directors, ending a 16-year tenure that
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Nigeria’s i-Fitness Reaches 30 Branches in Decade-Long Expansion Drive
i-Fitness Gym and Wellness Centre Ltd has expanded its footprint to 30 outlets with the opening of a new branch
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Iran War Drives Cost of Nigerian Jollof to 10-Year High
The cost of preparing a pot of jollof rice for a Nigerian family of five has climbed to its highest
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Nigerian Breweries Posts 26% Profit Growth Despite Headwinds from Middle East Crisis
Nigerian Breweries Plc has reported a profit growth of 25.6 percent in the first quarter of this year, navigating a
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DP World Pledges Fresh $500,000 to Expand Eye Hospital in Nigeria
Global logistics company DP World has announced an additional investment of $500,000 to expand the Tulsi Chanrai Foundation (TCF) Eye
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AB InBev’s Nigerian Unit International Breweries Posts First Profit in Eight Years
International Breweries, one of the major brewers in Nigeria, has reported its first annual profit since 2018, according to a
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Dangote Sugar Shareholders Okay N500bn Rights Issue, Share Capital Increase
Shareholders of Dangote Sugar Refinery Plc have approved a plan to raise up to ₦500 billion through a rights issue,
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