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 …
BusinessEconomyFood ProductionManufacturingNigeriaRetail
Category:
Nigeria
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BusinessEconomyFinance & ServicesManufacturing & Consumer GoodsMarketsNigeria
Nestlé Nigeria Returns to Profit with N50.6bn Half-Year Gain After Heavy Loss in 2024
Nestlé Nigeria Plc has bounced back to profitability, posting a profit after tax of N50.6bn for the half-year period ended June 30, 2025. This strong recovery comes after the food …
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DataPro Limited, one of Africa’s leading firms in compliance and risk management consulting, has announced plans to hold its 2025 edition of the Kigali Master Class. The executive-level training will …
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BusinessEconomyEnergyGOVERNMENTInfrastructureNewsNigeriaPoliticsPower Sector
Enugu blackout: States insist on licensing new Discos, accuse EEDC of blackmail over tariff cut
The Enugu Electricity Distribution Company (EEDC) is facing heavy criticism from state governments after it drastically cut power supply to MainPower Electricity Distribution Limited (MEDL), leaving parts of Enugu State …
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BusinessEnergyEnvironmentGovernanceNigeriaOil & Gas
NNPC Boss Bayo Ojulari Denies Resignation Rumours, Calls for Strategic Energy Investment at Industry Conference
The Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has dismissed recent rumours about his resignation, saying he remains focused on attracting more investment …
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BankingEconomyEnergyFinance & ServicesInfrastructureNigeriaOil & GasTrade and Commerce
Afreximbank Grants $1.35bn Loan to Dangote Industries to Boost Refinery Operations
The African Export-Import Bank (Afreximbank) has given a major financial boost to Dangote Industries Limited (DIL) by approving a $1.35 billion loan facility to support its massive refinery project. This …
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CrimeGOVERNMENTLawNigeriaPublic SafetySecurity
Abia Police Kill Five Kidnappers, Recover Weapons in Major Operation
The Abia State Police Command has recorded a major breakthrough in its fight against violent crime, killing five suspected kidnappers and recovering a large cache of weapons in a successful …
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AgribusinessAgricultureEconomyFood ProductionGovernment PolicyINVESTMENTNigeria
NSDC Urges Nigerian Farmers and Investors to Explore Sugar Industry Opportunities
The Executive Secretary of the National Sugar Development Council (NSDC), Mr. Kamar Bakrin, has urged members of the All Farmers Association of Nigeria (AFAN) and other potential investors to take …
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AFRICA NEWSEconomyFinance & ServicesGovernanceGOVERNMENTInternational AffairsNigeriaPolicies
Nigeria’s Shamseldeen Ogunjimi Elected Deputy Chairperson
Nigeria’s Accountant General of the Federation, Mr. Shamseldeen Babatunde Ogunjimi, has been elected as the Deputy Chairperson of the Executive Committee of the African Association of Accountants General (AAAG). His …
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ClimateEconomyEnergyGOVERNMENTInfrastructureNigeriaPoliciesPower Sector
Stakeholders Renew Call for Urgent Reforms to Boost Renewable Energy in Nigeria
Stakeholders in Nigeria’s electricity industry have again raised alarm over the country’s weak national grid and called for immediate reforms to help integrate renewable energy into the power system. The …