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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Economics
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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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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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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