Yam, potato, flour drive down Nigeria’s food inflation for second month
Nigeria’s annual food inflation dropped to 23.51% in February from 26.08% in the previous month, according to the latest Consumer
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Economics
‘We must buy made-in-Africa products’, says Access Bank CEO
Roosevelt Ogbonna, managing director/CEO of Access Bank, has stressed the need for Africans to patronise locally-made products and invest in
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Nigeria’s trade surplus soars to record N16.9trn under Tinubu
Nigeria’s trade surplus surged to the highest on record under President Bola Tinubu as exports grew at a faster pace
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Manufacturers kick against FRCN’s charges imposed on private firms
The Manufacturers Association of Nigeria (MAN) has expressed concerns over the implementation of certain provisions of the Financial Reporting Council
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Transcorp’s profit nearly triples to N94bn, dividend rises
Transnational Corporation Plc, chaired by tycoon Tony Elumelu, posted a profit after tax of N94.09 billion last year, up from
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Dangote Sugar’s annual loss widens more than twofold to N193bn
Dangote Sugar Refinery Plc, Nigeria’s biggest sugar producer, has reported an annual loss for the second year in 2024 largely on higher cost
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Nigeria’s business activity hits 13-month high as inflationary pressures ease
Business activity in Nigeria rose in February to the highest level in 13 months as prices dropped to the lowest
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Lafarge displaces BUA as Nigeria’s second-most profitable cement maker
Lafarge Africa Plc, the third-biggest cement manufacturer in Nigeria, reported the second-highest profit in 2024 after Dangote, overtaking BUA Cement
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Cement battle: Lafarge outshines Dangote, BUA in profit growth
Lafarge Africa Plc, the third-biggest cement manufacturer in Nigeria, recorded the highest growth in earnings last year, outperforming its two
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Dangote Cement’s net profit hits N1trn for first time
Dangote Cement Plc saw its profit after tax hit the N1 trillion mark last year for the first time ever.
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