Lafarge Africa profit doubles to N100bn ahead of Huaxin takeover
Lafarge Africa Plc, the third-biggest cement manufacturer in Nigeria, saw its earnings almost doubled to N100 billion last year, according
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Economics
Cape Town Declaration: Obasanjo, other African leaders call for debt relief
Eight former African heads of state and government have signed the Cape Town Declaration, calling for the critical need for debt
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Job conditions in Nigeria’s manufacturing sector hit 18-month high
Employment conditions in Nigeria’s manufacturing sector saw an improvement in the fourth quarter of last year owing largely to an
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Nestle Nigeria returns to quarterly profit as revenue surges 95%
Nestle Nigeria Plc, a major fast-moving consumer goods company, swung to a profit after tax of N19.7 billion in the
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Nestle Nigeria posts wider loss of N165bn on naira weakness
Nestle Nigeria, a major fast-moving consumer goods company, has reported an annual loss for the second time in 2024 largely
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Nigeria’s economy grows at faster pace in 2024
Nigeria’s economy expanded by 3.4 percent last year, compared to a growth rate of 2.74 percent in 2023, new official
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Nigeria inches closer to first census in 19 years
Nigeria took a step closer on Monday to conducting a new national population and housing census with biometric and digital
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Nigerian manufacturers breathe easier as FX scarcity eases
By Mary Adenike The scarcity of foreign exchange in Nigeria is gradually easing as more manufacturers reported an improvement in
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Dangote: IBB asked five Nigerians to pay N1m each for oil blocks
The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, said on Thursday that Ibrahim Badamosi Babangida, former head
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Nigerian drugmakers’ fortunes improve on forex stability, waivers
By Mary Adenike Some major Nigerian pharmaceutical companies reported an improvement in their financial performance for 2024 largely due to
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