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Economics

Economics FEATURED Latest TOP STORIES 

Lafarge Africa’s Three-Month Profit Doubles to N98 Billion

April 29, 2026April 29, 2026 Markets Reporters 0 Comments Huaxin Building Materials Group Co., Lafarge Africa

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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Economics FEATURED Latest TOP STORIES 

Ibukun Awosika Bows Out of Cadbury Nigeria After 16 Years

April 29, 2026April 29, 2026 Markets Reporters 0 Comments Cadbury Nigeria, Ibukun Awosika

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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Economics FEATURED Latest TOP STORIES 

Nigeria’s i-Fitness Reaches 30 Branches in Decade-Long Expansion Drive

April 29, 2026April 29, 2026 Markets Reporters 0 Comments Foluso Ogunwale, i-Fitness Gym and Wellness Centre

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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Economics FEATURED Latest TOP STORIES 

Iran War Drives Cost of Nigerian Jollof to 10-Year High

April 29, 2026April 29, 2026 Markets Reporters 0 Comments Iran war, Nigerian jollof, SBM Intelligence Jollof Index

The cost of preparing a pot of jollof rice for a Nigerian family of five has climbed to its highest

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Economics FEATURED Latest TOP STORIES 

Nigerian Breweries Posts 26% Profit Growth Despite Headwinds from Middle East Crisis

April 23, 2026April 23, 2026 Markets Reporters 0 Comments Middle East conflict, Nigerian Breweries

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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Economics FEATURED Latest TOP STORIES 

DP World Pledges Fresh $500,000 to Expand Eye Hospital in Nigeria

April 21, 2026April 21, 2026 Markets Reporters 0 Comments Abuja eye hospital, DP World, Tulsi Chanrai Foundation

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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Economics FEATURED Latest TOP STORIES 

AB InBev’s Nigerian Unit International Breweries Posts First Profit in Eight Years 

April 21, 2026April 21, 2026 Markets Reporters 0 Comments AB InBev, International Breweries

International Breweries, one of the major brewers in Nigeria, has reported its first annual profit since 2018, according to a

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Economics FEATURED Latest TOP STORIES 

Dangote Sugar Shareholders Okay N500bn Rights Issue, Share Capital Increase  

April 20, 2026April 20, 2026 Markets Reporters 0 Comments Dangote Sugar Refinery

Shareholders of Dangote Sugar Refinery Plc have approved a plan to raise up to ₦500 billion through a rights issue,

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Economics FEATURED Latest TOP STORIES 

‘What Would Dangote Do?’ Elumelu Hails Africa’s Richest Man in Time’s Most Influential People of 2026 List

April 15, 2026April 15, 2026 Markets Reporters 0 Comments 2026 TIME100, Aliko Dangote, TIME100 list, Tony Elumelu

Billionaire banker and philanthropist Tony Elumelu has hailed industrialist Aliko Dangote as “one of the greatest African entrepreneurs of our

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Economics FEATURED Latest TOP STORIES 

Iran War Breaks Nigeria’s 11-Month Disinflation Streak

April 15, 2026April 15, 2026 Markets Reporters 0 Comments Iran war, Nigeria inflation

Nigeria’s annual inflation rate rose to 15.38 percent in March from 15.06 percent in the previous month, ending an 11-month

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