Lafarge WAPCO’s standalone PAT grew by 25.7% y/y to N19.19bn
WAPCO published Q2-21 unaudited financials yesterday. Q2-21 standalone PAT grew by 25.7% y/y to NGN19.19 billion while EPS settled at NGN1.19/share, bringing H1-21 EPS to NGN1.76/share (+21.4% y/y). The double-digit growth in PAT was driven by a combination of topline…
Obi Cubana Speaks on his success, community philanthropy
Actually, there had been massive criticism on the Oba Anambra State born billionaire, Chief Obinna Iyiegbu, aka Obi Cubana following the lavish display of wealth during the funeral activities of his mother. However, he spoke on what he has done…
Dangote Cement set to commission $1bn factory in Edo
All is set for the commissioning of Dangote Cement’s six million metric tonnes per annum factory with an estimated cost of $1bn in Okpella, Edo State. According to a statement from the company, the plant, sitting on 1000-hectare land is…
CNN’s Connecting Africa explores business leadership across the continent
In the latest episode of Connecting Africa, CNN International’s Eleni Giokos looks at business leadership in Africa, meeting leaders from across the continent. Giokos presents the show from the site of Expo 2020 in Dubai, where Africa will be very…
Innoson Unveils Two Manufacturing Plants, Robotic Spraying Booth
Innoson Manufacturing Company has unveiled two plants and an Automated Robotic Spraying Booth. The plants include the Innoson Small/Mini Bus Plant for manufacturing 1.5-liter engine capacity 7-seater and 10-seater buses, and the Innocent Connect/Caris Plant for the production of sedan…
Other states may go for their N6.25bn to begin ranching like President’s State
Following last week’s approval of N6.25billion to set up ranches in Katsina State by their son, President Muhammadu Buhari, strong indication emerged weekend that other 35 states and the FCT may step up demand for their own ranching fund. Recall…
Just in: Dangote, Nigeria Army refute report on killing protesting staff in Adamawa
The attention of Headquarters 23 Brigade Nigerian Army has been drawn to a mischievous Sahara Reporters story alleging soldiers opened fire on protesting staff of Dangote Sugar Company at Gyawana district under Lafiya Lamurde Local Government Area of Adamawa state….
Ikpeazu assures on supporting youths empowerment, SMEs
Abia State Governor, Dr Okezie Ikpeazu has assured that his administration will continue to support and create a brighter and more sustainable future for Abia youths. Governor Ikpeazu who stated this during the SME Start-Up Equipment Presentation Ceremony organized by…
NACCIMA commits to technology, digital resources to drive AfCFTA
Even as other African economies had since keyed into the full implementation of the African Continental Free Trade Area (AfCFTA) Agreement, Tuesday, the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) promised to focus on full implementation…
Transcorp Hotels unveils ‘Aura’ digital platform to deepen services
Aura by Transcorp Hotels, a digital platform that connects people to unique accommodation, great food, and experiences is Transcorp Hotels’ new business expansion, and being launched as part of its asset-light model, leveraging technology to deliver true hospitality for all…
