Lafarge Africa reports 73% profit drop, proposes N16bn dividend
Lafarge Africa Plc has posted a profit after tax of N30.84 billion for the 2020 financial year, down from N115.10
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CBN disburses N1.49trn to farmers amid rising food inflation
The Central Bank of Nigeria said on Tuesday that it had so far disbursed N1.49 trillion to 3,038,649 farmers to
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Airtel to sell tower firms in Madagascar, Malawi for $108m
Airtel Africa has announced the signing of agreements to sell its telecommunications tower companies in Madagascar and Malawi to Helios
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Ecobank Group posts 68% drop in annual profit
Ecobank Group has said its profit after tax for the 2020 financial year dropped by 68 percent to $88.3 million
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Dangote Cement’s profit rises 38%, revenue hits N1.03trn
Dangote Cement Plc, Africa’s largest cement producer, saw its profit after tax for the 2020 financial year rise by 37.7
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Afreximbank to raise $1bn for Port Harcourt refinery rehabilitation – NNPC
The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said the African Export-Import Bank has
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Naira weakens further to 486/$1 at parallel market
The Nigerian currency extended its decline against the dollar on Monday at the parallel market. The naira fell to 486
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Foreign investors dump Nigerian stocks worth N39bn in Feb
Foreign investors offloaded Nigerian stocks worth N39.05 billion in February, compared with N30.79 billion withdrawn in the previous month. Total
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GTBank unveils plan to acquire Kenyan lender
Guaranty Trust Bank Plc, Nigeria’s biggest lender by market value, has said it plans to acquire a Kenyan lender as
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Nigeria plans to resume international flights at three more airports
The Minister of Aviation, Senator Hadi Sirika, has said plans are underway to resume international flight operations at the Mallam
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