Business
Nigeria Drops to 3rd in Africa’s 2025 Hotel Development Pipeline
Nigeria has fallen to third place in Africa’s 2025 hotel development pipeline, overtaken by Morocco, according to the W Hospitality Group.
12 April 2025
Tag: Private Sector
Business
Dangote Cement Appoints Dr. Gbenga Fapohunda as Group Financial Officer
Dangote Cement appoints Financial Expert Dr. Gbenga Fapohunda as its Group Financial Officer, highlighting his extensive financial expertise
20 March 2025
Business
Nigeria, Brazil Seal $1.1 Billion Green Imperative Project to Boost Agriculture
Nigeria and Brazil have signed the $1.1 billion Green Imperative Project (GIP) to enhance food security, boost agricultural productivity
18 March 2025
Breaking News
Dangote To Build 18m Metric Tons Capacity Cement Plant In Ogun
Aliko Dangote plans to make Ogun State Africa’s top cement producer with an 18 million metric tons annual capacity cement plant in itori
18 March 2025
Business
Renaissance Completes Deal to Acquire Shell Assets for $2.4 Billion
Renaissance completes deal to buy-off of Shell Assets in Nigeria following delayed approval from the Federal Government.
14 March 2025
Business
CBN Interest Rate Hike Squeezes Nigerian Consumer Goods Companies
Nigerian consumer goods companies are struggling as CBN’s interest rate hike drive borrowing costs to record highs.
13 March 2025
Business
Tantalizers Reports Financial Losses Due To Growing Competitions
Tantalizers, one of Nigeria’s oldest quick-service restaurant chains, reports continued financial losses amid rising competition
6 March 2025
Business
MTN Nigeria Records N400.4 Billion Loss in 2024 Despite 35.9% Revenue Growth
MTN Nigeria posted a N400.4 billion loss in 2024, driven by naira devaluation and forex losses, despite 35.9% revenue growth to N3.3 trillion.
28 February 2025
Business
Nestlé Nigeria Invests N1.8 Billion to Boost Dairy Farming and Livestock Development
Nestlé Nigeria commits N1.8 billion to enhance dairy farming and livestock development, aiming for 30,000 liters of daily milk production by 2027.
7 February 2025
Business
MTN Nigeria Declares Q3 2024 Profit After String of Losses
MTN Nigeria bounces back with a Q3 profit of N4.13 billion, supported by resilient data and service revenue despite naira devaluation
31 October 2024
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