Business
MTN Nigeria Declares N358.88bn PAT in 2022 Audited Results; Proposes N10 Final Dividend; (SP:N225.00k) 
MTN Nigeria Declares N358.88bn PAT in 2022 Audited Results; Proposes N10 Final Dividend; (SP:N225.00k) 
Key Highlights Revenue grew by 21.64% from N1.65trn to N2.01trn.Profit before tax stood at N533.97bn.Profit after tax stood at N358.88bn.Share…
Dangote, Sinoma Sign Agreement On new 6Mta Cement Plant In Itori, Ogun State 
Dangote, Sinoma Sign Agreement On new 6Mta Cement Plant In Itori, Ogun State 
Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons per…
Agents protest as Customs hike imported vehicle duty
Agents protest as Customs hike imported vehicle duty
Freight forwarders have said there may be congestion of imported vehicles at the nation’s seaports following the Nigeria Customs Service’s…
N15b spent for reconstruction of Lagos-Badagry Expressway, says NNPC
N15b spent for reconstruction of Lagos-Badagry Expressway, says NNPC
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disbursed N15 billion for the reconstruction of the Lagos Badagry Expressway…
SMEDAN Floats Single-digit Funding for Small Businesses
SMEDAN Floats Single-digit Funding for Small Businesses
The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Olawale Fasanya, has disclosed that a matching…
TotalEnergies Marketing Nigeria Reports N12.51bn PAT in Q3 2022 results
TotalEnergies Marketing Nigeria Reports N12.51bn PAT in Q3 2022 results
Key Highlights Revenue grew by 39.2% from N242.22bn to N337.19bn.Profit before tax stood at N18.78bnProfit after tax stood at N12.51bnShare…
Increase in Rice Prices to Drive Food Inflation?
Increase in Rice Prices to Drive Food Inflation?
Based on a BusinessDay report, the price of a 50kg bag of locally parboiled rice in Nigeria grew by 53.6%…
Sharp Decline in Rail Transport Revenue in Q2 2022
Sharp Decline in Rail Transport Revenue in Q2 2022
The latest report from the National Bureau of Statistics (NBS) on rail transportation shows that the total revenue generated through…
Dangote promises to deepen economic activities, sponsors 2022 Lagos International Trade Fair 
Dangote promises to deepen economic activities, sponsors 2022 Lagos International Trade Fair 
Pan African conglomerate, Dangote Industries Ltd has said it would continue to partner stakeholders to deepen commerce, industry and economic…
Federal Government gives a 5-year Tax Break to Agric Investors
Federal Government gives a 5-year Tax Break to Agric Investors
Speaking at the 29th edition of the LAPO Annual Development Forum, the Minister of Agriculture disclosed on Thursday that the…