Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2021

Nigerian Breweries posts positive Q2-21 EPS of NGN0.02

Nigerian Breweries (NB) published its Q2-21 unaudited results after the market close last week Friday (July 30). The company reported a positive Q2-21 EPS of NGN0.02, bringing H1-21 EPS to NGN0.97 (H1-20: NGN0.70). The growth in EPS was driven by…

ICT

West-African stakeholders embrace the Universality of Internet

Stakeholders of the ICT sector in West Africa have agreed to embrace the universality of the internet with the aim of deepening internet penetration across the region and ensuring safe internet. UNESCO and the African ICT Foundation jointly organised a…

AELP Link to Boost Trading Between NGX, Other African Exchanges

Cross-border trading from one African securities exchange to another comes a step closer today, after the African Securities Exchanges Association (ASEA) signed a contract to procure an order-routing system. Seven of Africa’s leading securities Exchanges are working together in the…

Dangote Cement posts resilient performance in first half 2021

Africa’s largest cement producer, Dangote Cement has announced resilient results for the six months ended 30th June 2021as Group sales volumes hit 15.3Mt.According to the company’s unaudited results for the period under review, Nigerian operations accounted for a sales volume…

Dangote Sugar’s 2021 first half records strong growth

Dangote Sugar Refinery recorded strong improvements in performance indices in half year ended June 30, 2021, as group revenue increased by 27.8percent to N131.95 billion in contrast to N103.23 billion recorded at the same period in the preceding year. According…