Category: blog

Cadbury Reports N10.4billion Loss for 2024

Cadbury Nigeria Plc has reported a loss after tax of N10.4bn for the year ending December 31, 2024, representing a 45 per cent reduction compared to the N19.1bn loss recorded…

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Nigeria’s current account surplus hits $6b

Nigeria recorded a $6 billion current account surplus in the first half of 2024 as impact of several economic reforms begin to pay off, the Central Bank of Nigeria (CBN)…

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KFC Unveils 5-in-1 Meal to Commence 2025

KFC has introduced a new 5-in-1 meal, offering customers an all-in-one experience of its signature menu items. KFC Chief Executive Officer, Satender Singh, in a statement, described the meal as…

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Guinness Nigeria Delivers 82.2% Revenue Growth In H1’25

Guinness Nigeria Plc has announced its unaudited financial results for the six months ended 31 December 2024 The company reported an 82.2% revenue increase, growing from ₦142.60 billion in H1'24…

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Increase in fuel price not our fault – Marketers

Dangote Refinery and Petroleum Products Marketers have shifted the blame for the recent premium motor spirit price hike to global crude oil prices as Nigerians lament its impact. Accordingly, the…

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Marketers Jostle to Join Dangote Refinery Bulk-purchase Incentives Competitive Pump Price

Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as beneficiaries of the agreement. The…

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Makinde says Oyo ‘ll continue to partner investors

The governor of Oyo State, Seyi Makinde, has reiterated his administration’s commitment to partnering with local and foreign investors for the development and economic prosperity of the state. The governor…

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Energy firm Tetracore partners Dangote Cement on CNG supply

Following the goals of President Bola Tinubu’s Presidential CNG Initiative (Pi-CNG), Tetracore Energy has partnered Dangote Cement, a subsidiary of Dangote Group, to supply Compressed Natural Gas (CNG) for its…

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Oil Marketers Urge Refinery Privatization, Investment in CNG

Oil marketers, under the auspices of the Petroleum Products Retail Outlets Owners Association of Nigeria, have charged the President Bola Tinubu-led Federal Government to privatize government-owned refineries, encourage competition, enhance…

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Oil Firms, Dangote Sign Deal For Affordable Petrol Supply

The Dangote Petroleum Refinery says Heyden Petroleum and Ardova Plc have joined it to ensure the supply of affordable Premium Motor Spirit (petro) in Nigeria. The Dangote refinery in a…

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