Oilden Energies Limited, one of Nigeria’s rising lubricant manufacturers, has announced that it will officially launch its brand and unveil a new subsidiary on Friday, August 15, 2025, in Lagos. …
Manufacturing
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BusinessEconomyEnergyManufacturingNigeriaOil & Gas
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AgricultureBusinessCorporate EarningsEconomyManufacturingMarkets
Presco Plc Grows Profit to ₦88.72bn in H1 2025, Records 128% Surge
Presco Plc, one of Nigeria’s major palm oil producers, has reported a strong financial performance for the first half of 2025, posting a profit after tax of ₦88.72 billion. This …
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BusinessCorporate EarningsEconomyManufacturingMarkets
Champion Breweries Bounces Back with N2.29bn Profit in First Half of 2025
Champion Breweries Plc has returned to profitability in the first half of 2025, posting a profit after tax of ₦2.29 billion. This marks a major turnaround from the ₦386.66 million …
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FinanceManufacturingManufacturing & Consumer GoodsMarketsNigeriaRegional Cooperation
Cadbury Nigeria Returns to Profit with N10.2bn in H1 2025 After Previous Loss
Cadbury Nigeria Plc has bounced back to profitability, posting a profit of N10.2 billion for the first half of 2025, a strong reversal from the N9.7 billion loss it recorded …
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EconomyManufacturingMaritimePoliciesTrade and Commerce
Nigeria Customs Urges Stakeholders to Embrace New Trade Facilitation System Ahead of 2025 Deadline
The Nigeria Customs Service (NCS) has started sensitising maritime and trade stakeholders on the transition from the existing Fast Track system to the Authorised Economic Operator (AEO) Programme, with full …
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BusinessCapital MarketEconomyFinance & ServicesManufacturingOil & Gas
Aliko Dangote’s Wealth Hits $29.3bn, Now 72nd Richest Person Globally – Bloomberg
Africa’s richest man, Aliko Dangote, has seen his personal fortune grow to $29.3 billion as of August 5, 2025, according to the Bloomberg Billionaires Index. This latest ranking places him …
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BusinessEconomyFood ProductionManufacturingNigeriaRetail
UAC Records N110.4bn Half-Year Revenue, Sees 91% Rise in Underlying Profit
UAC of Nigeria Plc has announced that its revenue rose to N110.4 billion in the first half of 2025, marking a 33 per cent increase compared to the same period …
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AviationEconomyLabourManufacturing
Boeing Workers Begin Strike Over Pay and Pensions Amid Ongoing Turmoil
Over 3,200 union workers at Boeing’s defence manufacturing operations in Missouri and Illinois have embarked on a strike, protesting the company’s latest contract offer, which they say falls short on …
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BusinessEconomyInfrastructureManufacturingTrade & Investment,
Dangote Cement Posts N520.5bn Profit in H1 2025
Dangote Cement Plc, Africa’s largest cement producer, has recorded a massive N520.5 billion profit after tax for the first half of 2025, according to its unaudited financial results released to …
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AgricultureBusinessEconomyManufacturingMarketsNigeria
Dangote Sugar Returns to Profit with N430bn Revenue in H1 2025
Dangote Sugar Refinery Plc (DSR) has announced a strong recovery in its financial results for the first half of 2025, recording a revenue of N430.21 billion, representing a 45.53% increase …