Friday, July 3, 2026
Revealed: Dangote Cement paid almost as much income tax as all banks in Nigeria combined for Q1 ’21
Wale Ameen Online Editor Data from the Nigerian Exchange corporate filings show that Dangote's Cement paid almost as much...
Read moreDetailsBUA debunks N300 cement price hike, accuses retailers of exploiting demand surge
Onome Amuge West Africa’s top cement producer, BUA Cement Plc, has refuted claims of a purported increase in the...
Read moreDetailsMore snubs for Nigeria as Hyundai and Kia plan to set up assembly plants in Ghana by 2022
Wale Ameen Online Editor Automobile giants, Hyundai and Kia are set to establish assembly plants in Ghana by 2022. The...
Read moreDetailsPandemic takes good slice off Nestle Nigeria as profit down 14% to N39.21bn
By Charles Abuede Full-year revenue up 1%y/y to N287.08bn from N284.04bn PBT dips 15% y/y to N60.64 from N71.12bn...
Read moreDetailsDangote Sugar hits sweet spot with 33% y/y revenue growth to N214.3bn
Gross profit rose 40.4% y/y to N53.7bn despite a covid-19 disrupted economy Charles Abuede Dangote Sugar Refinery (DSR) Plc,...
Read moreDetailsNigeria’s rising inflation worries manufacturers, MAN wants economic diversification
By Onome Amuge Says threatens industrial sector recovery The Manufacturers Association of Nigeria (MAN), has registered its frustration...
Read moreDetailsHeineken to cut 8,000 jobs, restructure, amid COVID-19
By Zainab Iwayemi Reveals plans to move beyond beer Heineken sold more non-alcoholic drinks, driven by Heineken 0.0 and Maltina...
Read moreDetailsCadbury Nigeria posts weak numbers as profit tumbles 84% to N35.4bn in FY20
By Charles Abuede Cadbury Nigeria has posted a set of weak numbers in its financial performance for the...
Read moreDetailsFlour Mills shows operational resilience with 31% growth in Q3 revenue to N200bn
By Charles Abuede YTD revenue stood at N555.3bn after 9 months, while TCI grew to N15.59bn in Q3’ 2020/21 ...
Read moreDetailsUnilever Nigeria cuts operating loss significantly as revenue rises 1.3% to N61.6bn
By Charles Abuede Gross profit surged to N13.8bn, but with N3.05bn operating loss in FY20 Growth was chiefly driven by...
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