Guinness Nigeria Breathes Easier After Tolaram Takeover as Earnings Jump
Guinness Nigeria, a brewing company, posted a profit after tax of N16.2 billion for the year ended June 2025 compared
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Economics
New US Consul General in Lagos Assumes Office
The U.S. Mission has announced the arrival of its new Consul General, Rick Swart, who arrived in Lagos on Wednesday.
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IMF Gives Tinubu’s Tax Reform Thumbs Up
The International Monetary Fund has given a thumps up to the tax reform efforts introduced by President Bola Tinubu’s government
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Tinubu knocks AfDB boss Adesina over GDP per capita comment
The Nigerian presidency has faulted Akinwumi Adesina’s comments about the country’s GDP per capita, saying he spoke like politician Peter
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Dangote Cement Sales Drop Amid Growing Chinese Competition
Africa’s biggest cement producer saw its sales in most of its markets decline in the first quarter of this year
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Lafarge Beats Dangote, BUA in Profit Growth as Cement Battle Rages
Lafarge Africa Plc, the third-biggest cement producer in Nigeria, recorded the highest growth in earnings in the first three months
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Nigeria Eyes Return to JP Morgan GBI-EM 9.5 Years After Removal
Nigeria is looking to return to the JP Morgan Government Bond Index-Emerging Markets (GBI-EM) on the back of major foreign
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Africa’s Growth Momentum Thwarted by Shift in Global Outlook, Says IMF
The sudden shift in global outlook has pulled the plug on Africa’s growth momentum, a group comprising the management of
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Nigeria Registers 118 Mineral Buying Centres in Three Months
The Federal Government collected N6.96 billion mining fees and registered 118 new private mineral buying centres in the first quarter
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CPPE Opposes Bill Seeking to Ban Raw Materials Imports into Nigeria
The Centre for the Promotion of Private Enterprise (CPPE) has said the bill seeking to ban the importation of raw
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