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Nigerian Breweries recovers from COVID-19 slowdown, posts 25% boost in Q3 revenue

    Nigerian Breweries recovers from COVID-19 slowdown, posts 25% boost in Q3 revenue

Nigerian Breweries (NB), the country’s biggest beer maker by market share, printed a 25.6 percent increase in revenue in third quarter (July to September) at N82.2 billion up from N65.48

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Despite COVID-19 headwinds, BUA Cement posts 48% surge in Q3 net profit

    Despite COVID-19 headwinds, BUA Cement posts 48% surge in Q3 net profit

BUA Cement, Nigeria’s second largest cement producer by volume, printed a 48 percent increase in net profit in three months — July to September — at N18.74 billion from N12.64

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MTN posts 57% surge in Q3 data revenue, subscribers hit 75 million

    MTN posts 57% surge in Q3 data revenue, subscribers hit 75 million

MTN Nigeria, the country’s biggest telecommunication company by market share, printed a 57 percent data revenue surge in the nine-month period that ended on September 30, 2020. This is buoyed

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Unilever Nigeria posts biggest quarterly revenue since Q2 2019

    Unilever Nigeria posts biggest quarterly revenue since Q2 2019

Unilever Nigeria, a consumer goods company, printed a 93.9 percent surge in third quarter revenue at N17.39 billion — the biggest since second quarter 2019. The significant increase is coming

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Dangote Sugar: Bearing the burden of exchange loss

    Dangote Sugar: Bearing the burden of exchange loss

Dangote Sugar Refinery suffered a big blow from an exchange loss of N1.3 billion during its half year operations ended

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Lafarge sees 37% jump in Q3 profit on deleveraged balance sheet

    Lafarge sees 37% jump in Q3 profit on deleveraged balance sheet

Lafarge Africa, a cement maker, has posted a 37 percent surge in net profit year-on-year at N28.19 billion in its

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Guinness Nigeria posts N841.64m Q1 loss on surging input costs

    Guinness Nigeria posts N841.64m Q1 loss on surging input costs

Guinness Nigeria has reported a loss after tax increase of 127.2 percent at N841.64 million for the first quarter ended

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Seplat Petroleum: A bad year in the making

Seplat Petroleum Development Company Plc is facing a sudden change in fortunes from a five-year profit high of N85 billion

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Access Bank cautious on loans in H2

    Access Bank cautious on loans in H2

The management of Access Bank Plc observed a cautious mood on new lending over the first half of the current

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Guinness Nigeria faces slim chances for turnaround

    Guinness Nigeria faces slim chances for turnaround

Guinness Nigeria Plc faces continuing regulatory, competitive and inflationary challenges in the operating environment that caused a historic loss of

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