Saturday, October 31, 2026
Nigeria’s BoI lends N779.3bn, posts N53.4bn profit in 2021
BY CHARLES ABUEDE A slight drop in total assets to N1.71 trillion appears not to have stopped Nigeria’s Bank of...
Read moreDetailsNigeria’s agriculture, manufacturing sectors face Q2 setbacks, says LCCI
BY ONOME AMUGE The Lagos Chamber of Commerce and Industry (LCCI) has projected that the ongoing Russia-Ukraine war will trigger...
Read moreDetailsIndorama’s $3bn expansion puts Nigeria among Africa’s largest petrochem hubs
BY: Maduabuchi Efegadi Indorama Eleme Petrochemicals Limited’s (IEPL) planned $3 billion expansion of its multi-billion-dollar petrochemicals plant at Eleme near...
Read moreDetailsManufacturers, industries under threat as diesel seen at N1000/ltr
BY: Dikachi Elemba, in Owerri. The Imo and Abia branch of the Manufacturers Association of Nigeria (MAN) says that manufacturers...
Read moreDetailsNestlé’s robust N351.8bn revenue snagged by elevated finance cost
BY: CHARLES ABUEDE Nestle Nigeria, a leading non-alcoholic beverage manufacturer, has seen its robust performance marred by 200 percent elevated...
Read moreDetailsDangote Sugar sees production up 9.2%, revenue 28.8% to N276.5bn in 2021
BY: ONOME AMUGE Dangote Sugar Refinery registered an increase in its production and sales volume for the full year ended...
Read moreDetailsStrong volume, price increase drive Dangote Cement’s revenue to N1.38trn
BY: CHARLES ABUEDE Dangote Cement group sales revenues took a 34 percent jump to hit N1.38 trillion in full year...
Read moreDetailsGuinness not leaving Nigeria, investing more, creating jobs
BY: CHARLES ABUEDE Guinness Nigeria Plc, part of the world's largest premium drinks company, Diageo Plc., and home of the...
Read moreDetailsGuinness Nigeria offers brewery site for N8bn, after moving operations to Ghana
Guinness Nigeria, a leading alcoholic beverage manufacturer and a subsidiary of Diageo, has put up for sale its 24.52 acres...
Read moreDetailsFMAN looks to drive Nigeria’s wheat output with 150,000 farmers
The Flour Milling Association of Nigeria (FMAN) has announced its move to procure wheat yields from a total of 150,000...
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