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
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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
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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
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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.
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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
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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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