Company News
All the latest Nigerian company news, market intelligence and analysis
Lafarge Africa defies exchange rate headwinds, post 29% growth in profits
Lafarge Africa reported its 2023 second-quarter results showing pre-tax profits grew by 29.02% year on year, reaching N32.787 billion.
Read moreDetails
Dangote Sugar board approves proposed merger with NASCON and Dangote Rice
The board of directors gave their recommendation for the proposed merger on July 28, the same day NASCON's board approved...
Read moreDetails
Champion Breweries Plc appoints Imo-Abasi Jacob as Director/Acting Chairman
Champion Breweries Plc has announced the appointment of Mr. Imo-Abasi Jacob as a Director and the new Acting Chairman of...
Read moreDetails
Lafarge Africa Plc appoints Claudia Albertini as Non-Executive Director, as Sonal Shrivastava resigns
Lafarge Africa Plc has announced the resignation of Ms. Sonal Shrivastava as Non-Executive Director.
Read moreDetails
Fidelity Bank gets boost from forex gains, reports 184% growth in second quarter pre-tax profit
Fidelity Bank reported its 2023 second-quarter results showing pre-tax profits grew by 184.08% year on year, reaching N43.58 billion.
Read moreDetails
FCT-IRS generates N98.6 billion in first half of 2023
The FCT-IRS, the revenue-generating agency of Nigeria’s Federal capital announced it generated N98.6 billion between January and July 2023.
Read moreDetails
Wema Bank Posts a remarkable 109.57% growth in pre-tax profit in Q2
Wema Bank reported its 2023 second-quarter results showing pre-tax profits grew by 109.57% year on year, reaching N5.87 billion.
Read moreDetails
Sterling Bank achieved a significant 44.40% growth in pre-tax profit in Q2 2023
Sterling Bank reported its 2023 second-quarter results showing pre-tax profits grew by 44.40% year on year.
Read moreDetails
Dangote plans block making academy to tackle building collapse
Africa’s biggest cement manufacturer is currently planning to establish a block-making academy for artisans according to a NAN report.
Read moreDetails
2023 Q2 Results: BUA Foods avoid forex losses to post 289.61% growth in pre-tax profit
BUA Foods reported its 2023 second-quarter results showing pre-tax profits grew by 289.61% year on year, reaching N61.81 billion.
Read moreDetails
