Group revenue from cement, clinker, and other products surged 100 percent year-over-year, reaching N817.35 billion ($659.3 million).
Nigeria
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Following a successful delisting, the board intends to seek shareholder authorization to list the company’s shares on the NASD OTC Securities Exchange.Â
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In recent times, the market value of Coumantaros’ stake in Flour Mills has decreased by $6.91 million, falling from $70.74 million on …
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Ranked as Nigeria’s third-richest person and Africa’s sixth by Forbes, Rabiu has recently experienced a notable drop in his wealth figures.
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Onakoya aims to empower one million underprivileged children within five years by providing free chess instruction, after-school programs, and tournaments.
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Marketers anticipate Africa’s richest man Aliko Dangote to slash diesel price to less than $0.7 per liter
The Independent Petroleum Marketers Association of Nigeria (IPMAN) expects the Dangote refinery to reduce diesel prices further.Â
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Nigerian tycoon Tony Elumelu-linked power company reports strong Q1 2024, revenue tops $60 million
Transcorp Power’s journey in Nigeria’s energy sector commenced in 2013 with the acquisition of the Ughelli Power Plant under the leadership of …
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The recent decision to ramp up operations, follows Dangote Refinery’s move to slash diesel prices in Nigeria, marking a substantial decrease from …
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Otedola’s focus on operational efficiency across his portfolio has fueled earnings growth and valuations.
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This recent setback follows a surge in his fortune between March 8 and March 20, when his stake in Wema Bank increased …