Dangote Sugar reports standalone loss per share of NGN3.36
Dangote Sugar Refinery Plc (DANGSUGAR) released its Q2-22 unaudited financials yesterday, in which the company reported a standalone loss per share of NGN3.36 (vs EPS of NGN0.94 in Q2-22), resulting in a loss per share of NGN2.30 for H1-23 (vs…
Guinness Nigeria Plc reports loss per share of NGN8.29
Guinness Nigeria Plc (GUINNESS) published its 2023FY audited results after market close yesterday (27 July), reporting a loss per share of NGN8.29 (vs EPS of NGN7.15 in 2022FY). The negative outturn in earnings resulted from higher net finance charges. GUINNESS…
Three Vietnamese, Guinean jailed for wildlife trafficking in Nigeria
On Wednesday 19 July, the trial of three Vietnamese and one Guinean national accused of trafficking 7.1 tonnes of pangolin scales and 850 kgs of ivory concluded in Nigeria with the conviction of the four accused. The judge of the…
NDLEA arrests drug lord while giving mule 93 cocaine wraps in hotel
It was a rude shock to a notorious drug kingpin who specializes in sponsoring young Nigerians to traffic Class A drugs to Europe especially Italy, when operatives of the National Drug Law Enforcement Agency, NDLEA, stormed his hotel room in…
Vice Chancellors Hail Dangote’s Impact on Agricultural revolution
The President of Dangote Group, Aliko Dangote has been hailed as a foremost entrepreneur whose laudable interventions in the agricultural sector in Nigeria should be applauded and emulated by others. Many Nigerian University Vice Chancellors, under the auspices of Committee…
Customs CG, Adeniyi in Lekki Port, Dangote Refinery commits to Boost Trade
As part of his familiarization visit to zone A’, the Ag. Comptroller General of Customs, Bashir Adewale Adeniyi, has toured the Lekki port facilities including Dangote Refinery and environs on Wednesday, 20th July 2023. He kicked off with the Lagos…
Firm Releases Q2 2023 Media Performance Analysis Report for Subscription-Based firms
The Nigerian media sector is experiencing rapid growth and facing strong competition as it continues to evolve. P+ Measurement Services, a leading media intelligence consultancy, analyzed the top media performers in the Nigerian subscription-based streaming services, telecommunications, and insurance sectors…
Shelter Afrique eyes 10 more countries in membership drive
Leading continental housing development group, Shelter Afrique is keen on onboarding the remaining 10 African countries that are not yet its members, the Pan–African housing development financier has said. This was disclosed during a High-Level Conference on Affordable Housing Finance…
NASENI Invites Producers of Lithium Batteries to Manufacture in Nigeria
The National Agency for Science and Engineering Infrastructure (NASENI) is calling on investors to collaborate with the Agency in local production and domestication of Lithium batteries among other renewable energy solutions. The Executive Vice Chairman/CEO of NASENI, Dr. Bashir Gwandu…
Just in: Again, Inflation kept jumping, hits 22.79% in June
Nigeria’s headline inflation increased for the sixth consecutive month, increasing by 38bps to 22.79% y/y in June (May: 22.41% y/y). The outturn is 179bps lower than Cordros’ estimate (24.58% y/y) and 21bps lower than Bloomberg’s median consensus estimate (23.00% y/y)….
