News
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CEO Remuneration in the Consumer Goods sector
One notable occurrence within this sector in 2021 is that although there were minimal changes in the company’s CEOs,…
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Dangote Cement 9M 2022 Result: Net Earnings Down as Finance Cost Rises by +590%
Dangote Cement’s growth slowed in 2022 as its net earnings slipped by -17.16% from N405.48bn in 9M 2021 to N335.9bn in…
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Lafarge Cement 9M 2022 Result: Revenue Rises as Finance Costs Dip -46%
Lafarge Africa’s 9M 2022 result showed strong top and bottom-line growth. The increases resulted from higher product prices and a -46.01% decline in finance costs.…
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Farouq demands minister’s clarification of budget padding allegation
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has said that she had written to the…
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BUA Cement 9M 2022 Result: Strong Net Earnings Despite Rising Net Finance Cost
Adding the 3mmtn Sokoto line 4 cement plant in January increased BUA Cement’s limestone production capacity, contributing to the +40.5% growth…
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Gulf Countries Should Maintain Reform Momentum, Despite Oil Boom
GDP growth for Gulf Cooperation Council (GCC) countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE—is expected to more than…
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CEO Remuneration Across Sector:The Good, Better, Best
The 2020 CEO remuneration edition was pointedly characterized as a period of pandemic where most companies had to go hybrid…
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FG borrowed N6.3trn through ways and means in 10 months—CBN
The federal government borrowed N6.3 trillion from the Central Bank of Nigeria (CBN) in the first 10 months of 2022.…
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RMAFC, EFCC uncovers oil firms’ $205m unremitted funds
The Revenue Mobilisation Allocation and Fiscal Commission has said that it discovered $205.01m unremitted to the federation account by oil…
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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…
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