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News - Page 555

Dangote Cement's Revenue Soars, But Production Costs Rise 45% In Tandem

Dangote Cement Posts Strong Profit Growth Despite Flat Volumes

Dangote Cement Plc recorded a sharp increase in profit and earnings in the first nine months of 2025, despite largely flat sales volumes across its Nigerian and Pan-African operations, according to the company’s latest operating review, Prime Business Africa reports. The cement

December 22, 2025

Business·News

Air Peace Makes More Seats Available On London Route As Demand Spikes

Foremost Nigerian airline, Air Peace, has announced increase in available seats on the Lagos-London route due to overwhelming demand.

April 3, 2024

Customs FX Rate For Import Duties Higher than Official Rate, Rises To N1,330/$1

Business·Markets·News

Customs Pegs FX Rate For Import Duty At N1,330/$1, Higher than Official Rate

The Nigerian naira is flexing its muscle against the U.S. dollar, prompting revisions in customs import duty FX rates. Yesterday, the customs exchange rate for cargo clearance peaked at N1,330.36 per USD, overshadowing the official market rate of N1,278 per USD and

April 3, 2024

Nigeria's Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Business·Markets·News·Oil & Gas

Nigerian Crude Oil Trades At $92 Per Barrel, $14 Higher Than FG Budget Benchmark Amid Global Supply Concerns

Nigerian crude oil continues to hold its premium status in the global market, trading higher than the Federal Government’s budget benchmark as investors remain wary of supply disruptions. With recent attacks on Russian refineries by Ukraine and escalating tensions in the Middle

April 3, 2024

News

Ex-President Buhari Mourns Passing Of Labour Leader Ali Chiroma

Former President Muhammadu Buhari has expressed his condolences on the demise of veteran labour leader and former President the Nigeria Labour Congress (NLC) Ali Chiroma.

April 3, 2024

News·Sports

Olympics Qualifier: 18 Players In Super Falcons Camp For South Africa

The camp of the Super Falcons is a beehive of activities as a total number of 18 players have reported for Friday's first leg tie of the 2024 Olympics qualifier against the Bayana Bayana of South Africa on Friday at the MKO

April 3, 2024

Attack On Donald Trump 'Distasteful' - Tinubu

News

Donald Trump Sues Trump Media Co-Founders For Breach Of Agreement

Donald Trump has commenced legal action against two co-founders of Trump Media & Technology, saying they allegedly breached an agreement and seeking to strip them of their stake in the company. In the lawsuit filed on March 24th in a Florida state

April 3, 2024

US Election: Donald Trump Calls Immigrants Residing Illegally Animals

News·World News

US Election: Donald Trump Calls Illegal Immigrants Animals

Former US President Donald Trump sparked controversy yet again by describing immigrants residing illegally in the United States as “animals.” Trump, known for his outspoken stance on immigration during his presidency, addressed a crowd alongside law enforcement officers, reigniting his campaign rhetoric.

April 3, 2024

News·World News

Just In: 7.4 Magnitude Earthquake Strikes Taiwan, Claims At least 4 Lives, Dozens Injured

Early Wednesday morning, a powerful 7.4 magnitude earthquake rattled Taiwan, leaving devastation in its wake. With a focused epicenter in Hualien, the quake swiftly downed buildings and unleashed chaos, resulting in the loss of at least four lives and leaving dozens injured.

April 3, 2024

Nigerian Govt Yet To Address Real Drivers Of Inflation – CPPE

Business·Finance & Economy·News

Stakeholders Urge Nigerian Govt To Implement Policies To Combat Soaring Inflation For Economic Stability

Stakeholders have urged the Federal Government to take decisive actions to curb the soaring inflation rates in the country, emphasizing the necessity of immediate policy implementations to alleviate financial strain on citizens and maintain economic stability. In an interview with Dr. Muda

April 3, 2024

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets·News

Nigerian Exchange Market: Investors Gain N18trn In Q1 2024

The Nigerian Exchange Market experienced a surge in the first quarter of 2024, recording gains for investors and surpassing significant milestones. The market’s bullish trend, which began in 2023, continued into 2024, propelling the All-Share Index (ASI) to new heights and indicating

April 3, 2024

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

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

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News - Page 555

Dangote Cement Posts Strong Profit Growth Despite Flat Volumes

Air Peace Makes More Seats Available On London Route As Demand Spikes

Customs Pegs FX Rate For Import Duty At N1,330/$1, Higher than Official Rate

Nigerian Crude Oil Trades At $92 Per Barrel, $14 Higher Than FG Budget Benchmark Amid Global Supply Concerns

Ex-President Buhari Mourns Passing Of Labour Leader Ali Chiroma

Olympics Qualifier: 18 Players In Super Falcons Camp For South Africa

Donald Trump Sues Trump Media Co-Founders For Breach Of Agreement

US Election: Donald Trump Calls Illegal Immigrants Animals

Just In: 7.4 Magnitude Earthquake Strikes Taiwan, Claims At least 4 Lives, Dozens Injured

Stakeholders Urge Nigerian Govt To Implement Policies To Combat Soaring Inflation For Economic Stability

Nigerian Exchange Market: Investors Gain N18trn In Q1 2024

Featured Stories

Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

SAFE IN NIGERIA: Boris Johnson’s Claim and the outrage

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ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

Dollar Rate Drops In Black Market, Stable In Official Window

Best-Performing Cement Companies In Nigeria — By Revenue Growth

Dangote Cement Posts Strong Profit Growth Despite Flat Volumes

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

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

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

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