Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2023

Shelter Afrique seeks strong national data bureaus in Africa

Pan African housing development financier Shelter Afrique has advised African governments to strengthen their national statistics bureaus in terms of providing adequate funding to enable them capture important data for various sectors, including the housing sector. Shelter Afrique’s Managing Director…

Lafarge Africa reports standalone EPS growth of 3.2% y/y

Lafarge Africa Plc (LAFARGE) released its Q2-23 unaudited financials over the weekend, reporting a standalone EPS growth of 3.2% y/y to NGN1.27 in Q2-23 (Q2-22: NGN1.23), bringing the H1-23 EPS to NGN2.20 (H1-22: NGN2.23). The muted growth in EPS was…

Dangote Cement reports modest standalone EPS growth of 0.7% y/y

Dangote Cement Plc (DANGCEM) released its Q2-23 unaudited financials on Friday (28 July), reporting a modest standalone EPS growth of 0.7% y/y to NGN3.95 (Q2-22: NGN3.92), bringing the H1-23 EPS to NGN10.39 (H1-22: NGN10.10). The EPS growth was inhibited by…

NIMASA, Total EP rescue distressed Sao Tome and Principe drifting vessel

The Nigerian Maritime Administration and Safety Agency (NIMASA) working with officials of Total Energies EP Nigeria limited rescued occupants of a distressed fishing vessel belonging to a national of the São Tomé Príncipe, which was adrift in the ocean for…

BUA Cement reports standalone EPS of NGN1.09 in Q2-23

BUA Cement Plc (BUACEMENT) released its Q2-23 unaudited financials on Friday (28 July), reporting a standalone EPS of NGN1.09 in Q2-23 (Q2-22: NGN0.83), bringing the H1-23 EPS to NGN1.88 (H1-22: NGN1.81). The growth in EPS is attributable to the higher…