Nigeria’s manufacturing sector continues to feel the pinch of unstable foreign exchange rates, as top firms recorded a combined N1.91 billion forex loss in the first quarter of 2025. This …
Press Office
- 
    BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyFinance & ServicesManufacturingManufacturing & Consumer GoodsMarketsNigeriaWestern Africa
- 
    Dangote IndustriesEconomyManufacturingNigeriaTrade and CommerceDangote Packaging Targets African Markets After Boosting Production CapacityDangote Packaging Limited (DPL), a subsidiary of the Dangote Group, has revealed plans to enter export markets across Africa after ramping up its monthly production capacity of polypropylene bags from … 
- 
    AfricaAgricultureBusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyGOVERNMENTINVESTMENTManufacturingPoliciesTrade and CommerceNASSI Partners Dangote Group to Boost Investment in Nasarawa StateThe Nasarawa State Chapter of the Nigeria Association of Small-Scale Industrialists (NASSI) has entered into a partnership with Dangote Industries Limited to explore new investment opportunities and boost industrial development … 
- 
    AfricaDangote IndustriesEnergyFinance & ServicesInfrastructureSpotlightTrade and CommerceAfreximbank Launches $3bn Credit Line to Support Fuel Imports Across Africa, CaribbeanThe African Export-Import Bank (Afreximbank) has launched a $3 billion revolving credit facility to help buyers across Nigeria, Africa, and the Caribbean access refined petroleum products from within the continent. … 
- 
    EconomyInfrastructureINVESTMENTMobile Telecommunications Network (MTN)NigeriaTechnologyTelecommunicationsTelcos Invest Over $1bn in Chinese Equipment to Boost Service QualityTelecommunications operators in Nigeria have placed orders worth over $1 billion for new network infrastructure from original equipment manufacturers in China, as part of efforts to overhaul and improve the … 
- 
    Banking, Finance & InvestmentEconomyINVESTMENTNigeriaSpotlightZenith BankZenith Bank Shareholders Approve N195.67bn Final Dividend Amid Strong 2024 PerformanceShareholders of Zenith Bank Plc have approved a final dividend payout of N4.00 per share, bringing the total dividend for the 2024 financial year to N5.00 per share. This amounts … 
- 
    BusinessDangote IndustriesFinance & ServicesNigeriaDangote Cement Posts N209.2bn Profit in Q1 2025, Reflecting Strong Growth Despite Macroeconomic ChallengesDangote Cement Plc has posted a remarkable profit after tax of N209.2bn for the first quarter ended 31 March 2025, marking an 85.7 per cent increase from the N112.7bn recorded … 
- 
    Stanbic IBTC Holdings Plc has posted a profit after tax of N82.06 billion for the first quarter of 2025, marking an 80% growth from N45.64 billion recorded in the same … 
- 
    DevelopmentNigeriaNovarick Homes and properties limitedDevelopers Defend Four-Storey Building Near Gani Fawehinmi’s Home, Say All Approvals SecuredThe developers and owners of the four-storey building located beside the late Chief Gani Fawehinmi’s historic residence have said that the structure was built with full government approvals and in … 
- 
    Business InsightsDevelopmentEnergyEntrepreneurshipInterviewsINVESTMENTLeadershipNovarick Homes and properties limitedPress OfficeReal EstateBuilding Value Through Real Estate and BeyondAn Exclusive Interview with Noah Ibrahim, CEO of Novarick Homes In a quiet yet determined voice, Noah Ibrahim, the Managing Director and CEO of Novarick Homes and Properties Limited, speaks …