BUA Foods Post N442.1bn in Q1 2025
Despite the increase in operating expenses, BUA Foods achieved a 124% profit after tax to N125.28bn in Q1 2025, compared to N55.82bn in Q1 2024.
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Lafarge Africa Shareholders Approve Sales to Huaxin Despite Senate’s Fears
The Group Managing Director/CEO Lolu Alade-Akinyemi highlighted the company’s dedication to innovation, sustainability, and operational excellence.
Coca – Cola Nigeria to pay N190 million misleading Fines Within 60 Days
Upholding the FCCPC’s five-year investigation, findings, and imposed penalties, the tribunal ruled that NBC’s conduct constituted misleading practices in violation of Nigerian law.
The World of Boats Building
How many pieces of wood make a boat?
It depends on the size of the boat. For a big boat with 8-10 passenger capacity, we use about twelve pieces of wood. The small boat takes between 6-7 pieces of wood.
FG Setting up New Cotton and Textile Dev Board
The board, when set up, will be domiciled in the Presidency, private sector-driven, with the representation of the relevant public sector stakeholders, and funded from the Textile Import Levy being collected by the Nigeria Customs Service (NCS)
Inner Galaxy Group’s $400 million Stellar Steel Plant in Ogun State
The groundbreaking ceremony was recently performed by the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, with targets to commission the completed plant by April 2026.
FG Assures Spirits and Wines Sector of Favourable Regulations
The discussion focused on the current regulatory reforms affecting the growth and stability of the sector.
Dangote Accepts World Bank’s Appointment
The President and Chief Executive of the Dangote Group, Aliko Dangote, says he has accepted his appointment to the World Bank’s Private Sector Investment Lab, joining a select group of global business leaders tasked with driving investment and job creation in emerging economies. In 2023, the Prime Minister of Canada, Mark Carney, co-chaired the Private…
LCCI Strengthens Ties With Deloitte Nigeria
On the 23rd of April 2025, the leadership of The Lagos Chamber of Commerce and Industry (LCCI) led by the President and Chairman of Council, Mr Gabriel Idahosa, paid a courtesy visit to Deloitte Nigeria, one of the world’s leading professional services firms and a valued member of LCCI. The Lagos Chamber of Commerce and…
Lexar Brings world’s first stainless steel memory cards to market
Digital photography is much more enduring than its predecessor, analogue photography, but, at least when you expose a roll of old film to the light, the worst you can do is lose a week’s worth of holiday photos or a day’s worth of wedding shots that can never be replaced. When a plastic SD memory…