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 …
Manufacturing
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EconomyManufacturingMaritimePoliciesTrade and Commerce
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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 …
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BusinessEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsNewsNigeria
Guinness Nigeria Returns to Profit with N16.2 Billion in 2025, Celebrates 75th Anniversary
Guinness Nigeria Plc has bounced back to profitability, posting a net profit of N16.2 billion for the financial year ended 2025. This marks a sharp turnaround from the previous year’s …
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BusinessEconomyKenyaManufacturingMarkets
Shri Krishana Overseas Lists on NSE, Boosts Optimism in Kenya’s Capital Markets
Shri Krishana Overseas Ltd (SKL) has officially listed on the Nairobi Securities Exchange (NSE), becoming the latest addition to Kenya’s capital markets and signalling renewed investor confidence in the country’s …
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BusinessEconomyFinance & ServicesManufacturingMarkets
Lafarge Africa Reports N268.6bn Q2 2025 Revenue, Up 70% Year-on-Year
Lafarge Africa Plc, a top cement and building solutions provider in Nigeria, has reported a substantial increase in revenue for the second quarter of 2025, with sales hitting N268.63 billion. …
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AfricaBusinessDevelopmentEconomyManufacturing
Egypt Approves $216M Free Zone Projects to Boost Jobs, Industry
The Ministerial Group for Industrial Development has approved three major private free zone industrial projects worth over $216.5 million, expected to generate more than 15,000 direct jobs across key manufacturing …