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Nestle Nigeria’s H1 profit falls despite revenue growth

July 30, 2021 Markets Reporters 0 Comments Nestle Nigeria

Nestle Nigeria Plc has reported a profit before tax of N33.38 billion for the first half of this year, one

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FEATURED Latest Technology TOP STORIES 

QIA to invest $200m in Airtel Africa’s mobile money business

July 30, 2021July 30, 2021 Markets Reporters 0 Comments Airtel Africa, Mobile money business, Qatar Holding LLC, Qatar Investment Authority

Airtel Africa announced on Friday the signing of an agreement under which Qatar Holding LLC, an affiliate of the Qatar

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FEATURED Latest Stocks TOP STORIES 

FBN Holdings’ quarterly profit grows to N26.33bn

July 30, 2021July 30, 2021 Markets Reporters 0 Comments FBN Holdings

FBN Holdings Plc, the holding company of First Bank of Nigeria Limited, has reported a profit before tax of N26.33

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FEATURED Latest Stocks TOP STORIES 

Dangote Cement posts 73% rise in half-year profit

July 30, 2021July 30, 2021 Markets Reporters 0 Comments clinker exports from Nigeria, Dangote Cement, Largest cement producer in Africa

Dangote Cement Plc, Africa’s largest cement producer, has reported an increase of 72.7 percent in its profit for the first

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FEATURED Latest Stocks TOP STORIES 

Transcorp’s H1 profit soars 658% as hotel industry rebounds

July 30, 2021July 30, 2021 Markets Reporters 0 Comments Transcorp, Transcorp Hotels

Transnational Corporation of Nigeria Plc has reported a profit before tax of N7.05 billion for the first half of the

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FEATURED Latest Stocks TOP STORIES 

MRS Oil Nigeria posts N228m loss despite revenue growth

July 29, 2021July 29, 2021 Markets Reporters 0 Comments MRS Oil Nigeria

MRS Oil Nigeria Plc has posted a loss before tax of N227.89 million for the second quarter of the 2021

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FEATURED Latest Technology TOP STORIES 

Airtel Africa reports 67.6% quarterly profit rise

July 29, 2021July 29, 2021 Markets Reporters 0 Comments Airtel Africa, Raghunath Mandava

Airtel Africa Plc has posted an operating profit of $352m for the quarter ended June 30, 2021, up 67.6 percent

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Economics FEATURED Latest TOP STORIES 

Delta variant, threat to Nigeria’s economic outlook: Capital Economics

July 29, 2021July 29, 2021 Markets Reporters 0 Comments Capital Economics, Delta variant of COVID-19

As the highly contagious Delta variant of COVID-19 seems to be dominant now across much of Sub-Saharan Africa, Nigeria’s economic outlook faces

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FEATURED Latest Stocks TOP STORIES 

Lafarge Africa posts higher profit, sells stake in Ghanaian cement firm

July 29, 2021July 29, 2021 Markets Reporters 0 Comments Continental Blue Investment Ghana LtdContinental Blue Investment Ghana, Khaled El Dokani, Lafarge Africa

Lafarge Africa Plc has reported a profit before tax of N23.98 billion for the second quarter of the 2021 financial

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Energy FEATURED Latest TOP STORIES 

Loss of 611MW caused power grid collapse, says TCN

July 29, 2021July 29, 2021 Markets Reporters 0 Comments power grid collapse in Nigeria, TCN

The Transmission Company of Nigeria has said the loss of 611 megawatts at two power stations caused the collapse of

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