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Business - Page 644

BUA Cement's Profitability Under Threat As Production Costs Surge

BUA Cement Records N858.73bn Revenue In Nine Months, Profit Rises By 448%

In the first nine months of 2025, BUA Cement recorded N858.73 billion in revenue, surpassing the N583.40 billion generated in the same period in 2024, indicating an increase of 47.19 percent. According to the company’s unaudited financial statements for the period ended

December 17, 2025

Business

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

The Presidential candidate for Labour Party in the coming 2023 election, Peter Obi, has frowned against the continous borrowing of President Muhammadu Buhari for consumption. Obi said its time for Buhari’s administration to borrow for investment in revenue generating development projects and

August 11, 2022

Business

Lagos State Launches Whistle-Blower Platform To Uncover Tax Evaders, Corrupt LIRS Staff

The Executive Chairman of Lagos State Internal Revenue Service (LIRS), Ayodele Subair, said the tax administrator has launched a Whistle-Blower program to uncover tax evaders. LIRS partnered with Delloite Nigeria, to utilise the Anonymous and the Confidential Whistle-Blowing facility of the accounting

August 10, 2022

Business·Insights

How Aliko Dangote Made N351.57 billion, After Losing It, Within Two Days

The founder of Dangote Cement, Aliko Dangote, lost a significant part of his investment in the company on Tuesday, after the share of the firm fell by -9.05% on the exchange floor. Dangote Cement share had dip after investors dumped the company’s

August 10, 2022

Top Two Billionaires, Bernard Arnault, Elon Musk, Lose $7.8 billion, As Wealth Drops

Business·Technology

Elon Musk Reduces Tesla Investment, As Twitter Court Battle Nears

The Chief Executive Officer of Tesla, Elon Musk, has sold part of his shares in the vehicle manufacturer, as he prepares for a court battle with social networking site, Twitter. Musk sold $6.9 billion worth of Tesla shares, according to documents submitted

August 10, 2022

Business·News·Sports

CAF Officially Launches $100m Africa Super League

The Confederation of African Football (CAF) on Wednesday officially launched the Africa Super League reports Prime Business Africa

August 10, 2022

Business·Technology

13 Dangerous Apps On Google Play Store That Are Risky To Nigerians

Google Play Store has been infiltrated by a malware called HiddenAds, which endangers Nigerians and other users of the digital distribution service, and threatens their private data. A malware is a software secretly inputed on a website to disrupt a computer system

August 10, 2022

FG's Deficit Continues To Widen As DMO Oversells October Bond Auction

Business·Oil & Gas

House Of Reps Reveal Probe Demands, As Lawmakers Summon Finance Minister Over Subsidy Payments

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has been summoned by the House of Representatives, as the lawmakers begin to probe the subsidy regime. Ahmed was directed to appear before the Ad Hoc Committee investigating the fuel subsidy regime,

August 10, 2022

Business·News·Sports

Chelsea, RB Leipzig Announce Werner’s Return To Bundesliga Side

Chelsea and RB Leipzig on Tuesday on their clubs' websites confirmed the sale of forward Timo Werner to his former German club on a permanent deal after two seasons with Thomas Tuchel’s side

August 9, 2022

Business·Oil & Gas

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

Oil and gas firm, Ardova, has denied it is winding up, after Femi Otedola’s Zenon Petroleum and Gas Limited filed a case against its majority shareholder, Prudent Energy & Services Limited (PESL). In 2019, Otedola had sole his 74.02% stake in Ardova

August 9, 2022

Business

Nigeria Rises On List Of World’s Chronic Debtors

The World Bank has revealed that Nigeria is fourth on the world’s debtor list, after releasing its Fiscal Year 2022 International Development Association (IDA) financial statements. Nigeria rose from fifth place to fourth, indicating the international development association debt of the country

August 9, 2022

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

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Business - Page 644

BUA Cement Records N858.73bn Revenue In Nine Months, Profit Rises By 448%

Peter Obi Sends Warning To Pres. Buhari Over Debt Ahead Of 2023 Election

Lagos State Launches Whistle-Blower Platform To Uncover Tax Evaders, Corrupt LIRS Staff

How Aliko Dangote Made N351.57 billion, After Losing It, Within Two Days

CAF Officially Launches $100m Africa Super League

13 Dangerous Apps On Google Play Store That Are Risky To Nigerians

House Of Reps Reveal Probe Demands, As Lawmakers Summon Finance Minister Over Subsidy Payments

Chelsea, RB Leipzig Announce Werner’s Return To Bundesliga Side

Ardova Reacts To Takeover Threat, As Majority Investor Faces Lawsuit

Nigeria Rises On List Of World’s Chronic Debtors

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BUA Cement Records N858.73bn Revenue In Nine Months, Profit Rises By 448%

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Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

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Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

BUA Cement Records N858.73bn Revenue In Nine Months, Profit Rises By 448%

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