Dangote Sugar Refinery Plc has reported a pre-tax loss of N192.6 billion for the year ended December 31, 2024. This was more than the N73.7 billion...
Dangote Cement PLC, Africa’s leading cement producer, has reported a 56% year-on-year increase in EBITDA to over ₦1 trillion for the year that ended on December...
Lafarge Africa Plc profit after tax (PAT) surged by 96% year-on-year to ₦100.1 billion in the financial year ended December 31, 2024. The cement giant also...
Nestlé Nigeria Plc has rebounded as profit after tax hit N19.7 billion in the fourth quarter (Q4) of 2024 from the N36.4 billion loss recorded in...
Transcorp Power Plc has strengthened its operational capacity by increasing its available generation from 500 megawatts (MW) to 625MW within a year to reinforce its role...
Dangote Cement Plc has announced plans to invest $400 million in expanding its Mugher cement plant in Ethiopia to strengthen industrial capacity in Africa’s cement market....
Fitch Ratings has announced the withdrawal of Dangote Industries Limited’s National Long-Term Rating and senior unsecured rating of ‘B+(nga)’ due to unresolved debt refinancing concerns. The...
Dangote Peugeot Automobiles Nigeria Limited (DPAN), the official manufacturer and marketer of Peugeot vehicles in Nigeria, has commenced local assembly of the GT variant of the...
Negotiations for the $60 billion merger between Japan’s Nissan Motor Co. and Honda Motor Co. collapsed on Thursday following disagreements over control. Despite the breakdown, both...
Dangote Petroleum Refinery and Petrochemicals has reduced the price of diesel to N1,020 per litre, down from N1,075 per litre as part of its continued efforts...