Category: Business

Seplat Energy announces interim dividend payment to shareholders

The interim dividend for the half-year ending June 30, 2023, will be paid to shareholders of Seplat...

UAC reports N3.5bn FX gain, 87.5% profit

UAC Plc published its 2023 half-year figures, showing pre-tax profits of N4 billion compared to a...

Nestle Nigeria reports N123.7 bn FX loss

Nestle Nigeria Plc has announced a pre-tax loss of N86.5 billion for the fiscal second quarter...

MTN suffers N131bn FX loss, earnings drop by 64%

MTN Nigeria Plc’s 2023 second-quarter results have revealed that pre-tax profits decreased dramatically by 64%...

Dangote Cement’s profits drop by 14% YoY, suffers N103.8bn forex losses

Dangote Cement Plc released 2023 second-quarter results, with pre-tax profits down 14% to N93 billion....

Nigerian Exchange Group records 63% profit decline

Nigerian Exchange Group’s Q2 2023 results for the period ending June 2023, pre-tax earnings decreased...

BUA records 26.52 profit rise in Q2 2023

BUA Cement’s Q2 2023 results for the time period ending June 2023 has shown that earnings...

BUA records 26.52 profit rise in Q2 2023

BUA Cement’s Q2 2023 results for the time period ending June 2023 has shown that earnings...

Seplat Energy reports N140.6bn gross profit

Seplat Energy Plc, the prominent Nigerian independent energy company, listed on both the Nigerian Exchange...

MTN launches 5G in Uganda

Alex Omenye Foremost telecommunications, MTN has launched its 5G network in Uganda. The first 5G...

Nigeria Breweries suffers N70bn FX loss

Nigeria Breweries Plc recorded an exchange rate loss of N70.6 billion for the second quarter...

People desire affordable, quality products – FoodCo CEO

The Chief Executive Officer of FoodCo Nigeria, Ade Sun-Basorun, has stated that limited purchasing power...