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Economics

Economics FEATURED Latest TOP STORIES 

Dangote Industries GMD Alake Invests N1bn to Boost Stake in Cement Subsidiary

August 3, 2025August 3, 2025 Markets Reporters 0 Comments Dangote Cement, Olakunle Alake

Olakunle Alake, the group managing director of Dangote Industries Limited, has boosted his stake in the conglomerate’s cement subsidiary. Alake,

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Economics FEATURED Latest TOP STORIES 

Mr Bigg’s Stuck in Doldrums as Half-Year Loss Widens to N780m

August 2, 2025August 2, 2025 Markets Reporters 0 Comments Debonairs Pizza, Mr Bigg's

Mr Bigg’s, a once-thriving fast-food restaurant, saw its loss in the first six months of this year deepen to N780

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Economics FEATURED Latest TOP STORIES 

Caverton Offshore Partners China’s ExploMar for Nigeria’s First All-Electric Ferry

August 1, 2025August 1, 2025 Markets Reporters 0 Comments all-electric OMIBUS ferry, Caverton Offshore Support Group, Explomar

Caverton Offshore Support Group Plc, a Nigerian company providing marine, aviation, and logistics services, says it has entered into a

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Economics FEATURED Latest TOP STORIES 

UAC Agrees to Buy Chivita, Hollandia Maker CHI From Coca-Cola

July 30, 2025July 30, 2025 Markets Reporters 0 Comments CHI Limited, Chivita, Chivita|Hollandia, Hollandia, UAC

UAC of Nigeria Plc (UAC) has entered into an agreement to acquire Chivita|Hollandia (CHI Limited), the maker of Chivita and

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Economics FEATURED Latest TOP STORIES 

Cadbury Nigeria Rebounds With N10bn Half-Year Profit

July 29, 2025July 29, 2025 Markets Reporters 0 Comments Cadbury Nigeria

Cadbury Nigeria, a fast-moving consumer goods firm, reported a profit after tax of N10.17 billion in the first six months of

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Economics FEATURED Latest TOP STORIES 

Heineken’s Nigerian Breweries Swings to N88bn Profit in First Half

July 29, 2025July 29, 2025 Markets Reporters 0 Comments Heineken, Nigerian Breweries

Nigerian Breweries, the country’s biggest brewer, swung to a profit after tax of N88.42 billion in the first six months

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Economics FEATURED Latest TOP STORIES 

Dangote Cement Swings to N45.7bn FX Gain on Naira Stability

July 28, 2025July 28, 2025 Markets Reporters 0 Comments Dangote Cement, FX gain

Dangote Cement posted a net foreign gain of N45.7 billion in the first half of the year compared to a

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Economics FEATURED Latest TOP STORIES 

Dangote Cement’s Half-Year Profit Soars 174% Despite Sales Decline

July 28, 2025July 28, 2025 Markets Reporters 0 Comments Dangote Cement

Africa’s largest cement producer saw its profit after tax for the first half of the year jump 174 percent to

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Economics FEATURED Latest TOP STORIES 

Who is Emmanuel Ikazoboh, Aliko’s successor in Dangote Cement?

July 25, 2025July 25, 2025 Markets Reporters 0 Comments Aliko Dangote, Dangote Cement, Emmanuel Ikazoboh

Aliko Dangote retired on Friday as the chairman of Dangote Cement after over 22 years of leading its board of

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Economics FEATURED Latest TOP STORIES 

BUA Cement’s Q2 Profit Soars on Higher Revenue, FX Gain

July 25, 2025July 25, 2025 Markets Reporters 0 Comments BUA Cement

BUA Cement, the second-largest manufacturer of the building material in Nigeria, reported more than a sixfold increase in its profit

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