Business

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…
Flour Mills Nigeria Plc boosts half-year revenue by 38% to N720.5 billion

Flour Mills Nigeria Plc boosts half-year revenue by 38% to N720.5 billion

Flour Mills of Nigeria Plc has announced its half-year unaudited financial results for the period ended 30 September 2022, revealing a…
BUA Cement grows revenue by 40.5% to N262.6 billion, Cost of Sales rises by 43.32% to N142.829 billion   

BUA Cement grows revenue by 40.5% to N262.6 billion, Cost of Sales rises by 43.32% to N142.829 billion   

BUA Cement Plc has announced its unaudited financial statements for the period ended September 30th, 2022, reporting revenue of N262.6 billion,…
Kogi Communities Jubilate as Dangote Cement Obajana Plant reopens

Kogi Communities Jubilate as Dangote Cement Obajana Plant reopens

There were huge scenes of jubilation among affected host communities following the Federal Government’s order for the immediate reopening of…
Shareholders Asociations knock Kogi Govt, say action on Dangote Cement, dangerous for investment

Shareholders Asociations knock Kogi Govt, say action on Dangote Cement, dangerous for investment

_______________ Group of Shareholders Associations in Nigeria have urged the Federal Government to urgently intervene and prevail on the government…
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