Nigeria’s business activity hits 13-month high as inflationary pressures ease
Business activity in Nigeria rose in February to the highest level in 13 months as prices dropped to the lowest
Read more
TOP STORIES
Dangote loses N16bn as customers who bought petrol at old prices get refund
Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase petrol at rates higher than the
Read more
Lafarge displaces BUA as Nigeria’s second-most profitable cement maker
Lafarge Africa Plc, the third-biggest cement manufacturer in Nigeria, reported the second-highest profit in 2024 after Dangote, overtaking BUA Cement
Read more
Cement battle: Lafarge outshines Dangote, BUA in profit growth
Lafarge Africa Plc, the third-biggest cement manufacturer in Nigeria, recorded the highest growth in earnings last year, outperforming its two
Read more
Dangote Cement’s net profit hits N1trn for first time
Dangote Cement Plc saw its profit after tax hit the N1 trillion mark last year for the first time ever.
Read more
Tantalizers’ loss narrows to N266m as finance cost drops by a third
Tantalizers Plc, one of Nigeria’s fast-food pioneers, saw its loss after tax narrow by 8.6% last year. The company’s latest
Read more
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
Read more
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
Read more
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
Read more
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
Read more