Top Stories - Page 12

Nigerian Breweries Gets New Sales Director

Nigerian Breweries Generates N383bn Revenue In Three Months

The Nigerian Breweries generated N383.63 billion within January and March 2025, according to the company’s first quarter (Q1) 2025 financial statement, which showed the brewer surpassed the N227.12 billion turnover reported in

Prime Business Africa

July 10, 2025

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·Top Stories

Aliko Dangote Loses N585bn As Investment In Dangote Cement Drops

The investment of Aliko Dangote in Dangote Cement dropped by N585.96 billion in the second quarter (Q2) of 2025, according to analysis by Prime Business Africa. Note that the billionaire holds 14.64

Prime Business Africa

July 10, 2025

NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Business·Top Stories

Valuation Of Nigerian Stock Market Rises To N76.97trn — Up By N220bn

At the end of trading on Wednesday, July 9, the equity capitalisation of the Nigerian stock market rose to N76.97 trillion, from N76.75 trillion on Tuesday, July 8. The market capitalisation increased

Prime Business Africa

July 9, 2025

Rabiu Abdulsamad’s Food Company Makes N418.34 billion From Sugar, Flour Sales

Business·Top Stories

Abdul Samad Rabiu’s Investment In BUA Cement Rises To N3.15trn

Within three months, the investment of Abdul Samad Rabiu in BUA Cement increased by N386.97 billion, as the billionaire profited from the bullish sentiments of stock market investors in the second quarter

Prime Business Africa

July 9, 2025

Guinness Nigeria Appoints New Board Members As Tolaram Completes Acquisition

Business·Top Stories

Guinness Exits Loss Phase With N7.02bn Profit, Revenue Grows By 52%

Guinness Nigeria has revealed that it recorded N118.33 billion revenue for the quarter ended March 31, 2025, compared to N77.70 billion turnover reported in the same period last year, indicating an increase

Prime Business Africa

July 9, 2025

Business·Top Stories

Gains In Omatek, Champion Brew Add N226bn To Nigerian Stock Market

On Tuesday, July 8, trading closed with the market capitalisation rising by N226.24 billion to N76.75 trillion, from N76.53 trillion reported on Monday, July 7. Also, the all-share index (ASI) increased from

Prime Business Africa

July 8, 2025

Business·Top Stories

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Ikeja Hotel outperformed Transcorp Hotels in the stock market in the second quarter (Q2) of 2025, as stock market investors preferred the former over the latter during the period. According to Prime

Prime Business Africa

July 8, 2025

Business·Top Stories

Cutix Grows Revenue To N3.96bn, Profit Declines By 60%

Cutix Plc, a wire and cable manufacturer for electrical, automobile, and telecommunication, generated N3.96 billion turnover in the fourth quarter (Q4) ending April 30, 2025. According to its unaudited financial statement for

Prime Business Africa

July 8, 2025

Nigerian Equity Market Records First Gain This Week

Business·Top Stories

Stock Market Cap Rises By N192bn, Ellah Lakes Tops Gainers, Sunu Leads Losers

After trading on Monday, July 7, the stock market capitalisation closed at N76.53 trillion, up from the N76.33 trillion recorded on Friday, July 4. The N192.84 billion increase was on the back

Prime Business Africa

July 7, 2025

Nigerian Drug Producer Morison Records N287bn Revenue After Spending N209m On Production

Business·Top Stories

Nigerian Drug Producer Morison Records N287m Revenue After Spending N209m On Production

In its 2024 financial statements, Morison Industries reported N287.17 million revenue after spending N209.81 million on production during the same year. Compared to the performance of 2023, Morison had recorded N119.94 million

Prime Business Africa

July 7, 2025

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Top Stories - Page 12

Nigerian Breweries Generates N383bn Revenue In Three Months

Aliko Dangote Loses N585bn As Investment In Dangote Cement Drops

Valuation Of Nigerian Stock Market Rises To N76.97trn — Up By N220bn

Abdul Samad Rabiu’s Investment In BUA Cement Rises To N3.15trn

Guinness Exits Loss Phase With N7.02bn Profit, Revenue Grows By 52%

Gains In Omatek, Champion Brew Add N226bn To Nigerian Stock Market

Ikeja Hotel Outperforms Transcorp Hotels In Q2 As Its Shareholders Gain 58%

Cutix Grows Revenue To N3.96bn, Profit Declines By 60%

Stock Market Cap Rises By N192bn, Ellah Lakes Tops Gainers, Sunu Leads Losers

Nigerian Drug Producer Morison Records N287m Revenue After Spending N209m On Production

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