Nigeria’s cement makers have found something better than a monopoly: an oligopoly and with pricing power.…
Category: Business
BUA Cement’s nine-month pre-tax profit rises 64.43% as revenue crosses N1 trillion
BUA Cement Plc reported a pre-tax profit of N556.70 billion for the nine months ended September…
Abbey Bank retains A3 short-term credit rating as capital and liquidity position strengthen
Abbey Bank Plc has retained its A3 short-term credit rating from Agusto & Co., alongside a…
eTranzact leads NGX tech stocks with 10% gain as market rises 0.47%
The Nigerian equities market rose on Thursday, October 29, 2026, with the All-Share Index (ASI) gaining…
Iheanacho reflects on record-breaking goal, Bursaspor move – Businessday NG
Super Eagles striker Kelechi Iheanacho has reflected on his impressive start at Turkish 1. Lig side…
World Bank projects Luanda could overtake Lagos as Sub-Saharan Africa’s most populous city by 2050
Lagos could lose its position as Sub-Saharan Africa’s most populous city to Angola’s capital, Luanda, by…
Tinubu defends $21.7 billion loans, says Nigeria needs infrastructure to reach $1 trillion economy
President Bola Tinubu has defended his administration’s borrowing plans, arguing that loans should be assessed by…
Cadbury Nigeria records N14.48 billion pre-tax profit as revenue hits N126.69 billion in nine months
Cadbury Nigeria Plc recorded a 4.75% increase in pre-tax profit to N14.48 billion for the nine…
NCC deploys NG-IMEI Scanner to curb fake phones, improve device verification
The Nigerian Communications Commission (NCC) has deployed the NG-IMEI Scanner application to simplify device registration for…
Utomi targets N500/$ exchange rate, projects 50% drop in food prices
Political economist and Nigeria Democratic Congress (NDC) chieftain Professor Pat Utomi has proposed strengthening the naira…