Business

‎Okomu Oil Palm Plc has reported a significant 404.4% year-on-year increase in its Q2-25 earnings per share to NGN27.05, driven by substantial revenue growth.

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The Managing Director/Chief Executive Officer of Rite Foods Limited, Mr. Seleem Adegunwa, has challenged Nigerian entrepreneurs to make a choice for excellence as they pursue their dreams.

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The Nigerian Air Force (NAF) has graduated a new batch of combat-ready Unmanned Aerial Vehicle (UAV) operators, in a bold drive to strengthen battlespace dominance through improved precision and real-time intelligence gathering. 

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‎Airtel Africa Plc has reported a significant 405.9% year-on-year increase in its Q1-26 profit after tax to USD155.78 million, driven by a strong uptick in operating income and a decline in total finance costs.

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To boost rice production in the country, Dangote Rice Limited, a subsidiary of Dangote Industries Limited yesterday in Lagos signed a purchase and sale agreement with Niger State Government owned Niger Foods Security Systems and Logistics Company Limited on steady supply of Paddy rice.

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Minister of Solid Mineral Development, Mr. Dele Alake has lauded the management of Dangote Cement, Ibese for its contributions to the development of its host communities saying its many social investments have succeeded in fostering economic development and social cohesion in the communities.

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In line with the continued bold efforts of the President Tinubu-led administration to drive industrialization and economic diversification, the Nigeria-China Strategic Partnership (NCSP) held a strategic meeting with the China-Africa Geoscience Cooperation Center and Yangtse Automotive Group on collaborative investments in the mining and electric vehicle (EV) manufacturing sectors with the aim of revitalizing Nigeria’s manufacturing base and unlocking sustainable industrial growth.

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The Securities and Exchange Commission (SEC) Nigeria has issued a statement clarifying its position regarding the recent First Holdco transaction. ‎ ‎ According to the Commission, it granted a “no objection” to the transaction after due consideration and in full compliance with applicable requirements. ‎ ‎The SEC explained that its correspondence with the operators involved was not a query, but …

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Dangote Sugar Refinery Plc has reported a revenue of N430.21 billion in the six months ended June 30, 2025, which in contrast to N295.62 billion earned in the same period in 2024 represents a 45.53 percent increase.

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President/Chief Executive, Dangote Industries Limited, (DIL), Aliko Dangote, has appealed to African leaders to take deliberate steps—just as the U.S., Canada, and the EU have done—to protect domestic producers from unfair competition, for the continent to experience real growth and development

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