BUA Cement’s staff, finance costs surge to N80bn
BUA Cement Plc, Nigeria’s second-biggest producer of the building material, saw its combined staff and finance cost jump 160.74 percent
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MTN Nigeria’s wider loss of N400bn denies shareholders dividends
MTN Nigeria Communications Plc, the country’s biggest telecommunication company, posted a threefold surge in its loss after tax for the
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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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Telecoms sector growth falls to six-year low on naira woes, tariff freeze
The growth of Nigeria’s telecommunication and information sector fell to the lowest in at least six years owing largely to
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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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[OPINION] Late bloomers produce amazing fruits
By Harvey Mackay In 1860, a 38-year-old man was working as a handyman for his father, a leather merchant. He
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Nigeria LNG builds third jetty for exports across Africa
Nigeria LNG (NLNG), the country’s biggest gas exporter, is building a third jetty to support small-scale vessels in supplying gas
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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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