…the legislative process to ensure the proposed changes became law.According to him, the profitability of counterfeit medicines makes stronger sanctions necessary, even as regulatory agencies intensify enforcement operations.“Drug faking has come to stay. Nobody should assume that it can be eliminated because it’s a ver…

…exceeding R9 billion.The decision formed part of efforts to reduce costs and restore profitability as competition from international streaming platforms intensified. It also heightened concerns about future investment in African productions. DStv now directs viewers towards Showmax content on DStv Stream, although lice…

…headline growth, underlying price indices point to an emerging squeeze on corporate profitability. CBN said: “In September 2026, the Composite PMI input price index increased by 0.8 points, while the output price index fell by 0.5 points, primarily driven by price movements in the industry sector during the month.” Thi…

…39 per cent to N22.3tn.” Explaining the results, Ojulari said the company’s improved profitability came despite revenue pressures from lower international crude oil prices and reduced product volumes following changes in the domestic petroleum market. “Revenue declined as crude oil prices fell for those, as you recall,…

…becomes more than a security problem. It becomes an economic system. And until the profitability of that system is disrupted — through intelligence-led operations, effective policing, rapid rescue, financial tracking, protection of rural communities, improved infrastructure and measures that prevent criminal groups fro…

…owners and fleet managers, he said, are already reporting fuel-cost savings and improved profitability.Government targets 1,000 CNG stationsThe Federal Government is now targeting a much larger CNG network.Ekpo commended President Bola Tinubu’s directive for the development of an additional 500 CNG refuelling stations,…

…motorists and fleet managers had resulted in significant fuel savings and improved profitability.According to him, commuters using CNG-powered buses were also beginning to benefit through lower transport fares.“The objective is not simply to increase the number of CNG vehicles and refuelling stations, but to translate…

…improved sales and operating performance across the business.The sharp improvement in profitability was also reflected in the company’s operating results, with recurring operating profit more than doubling by 117 percent to N37.1 billion during the period. Total operating profit rose to N77.1 billion, supported by impr…

…The report cautioned that “without a coordinated strategy that targets both the profitability of the crime and its roots, Nigeria risks entrenching kidnapping not merely as a criminal industry but as a funding mechanism for the very groups that most threaten its stability. “The strategic implication is stark. The every…

…in local production.Its performance also contributed significantly to the overall profitability of the consumer goods sector.5. International Breweries Plc — N342 billionInternational Breweries generated N342 billion in revenue in the first half of 2026, placing it fifth on the list.The brewer recorded profit after tax…

…of its business, as the Company enters a new phase of growth underpinned by improved profitability, a significantly stronger balance sheet and continued investment in its brands, manufacturing capabilities and route to market. The company shared this outlook during its first half 2026 (H1’26) Investors and Analysts Cal…

…National oil company performance in recent years illustrates this shift towards profitability and efficiency, driven in part by reduced losses and enhanced operational continuity. As revenues stabilise, government budgeting gains credibility. Development planning becomes less speculative. The national economy gains bre…

…challenges of establishing the company, the lessons learned in balancing creativity with profitability, and offers advice for young […] The post How I chose entrepreneurship with zero capital over waiting for a job —Procare Multimedia CEO, Kolade Olawoyin appeared first on Tribune Online.

…Analysts, however, noted that a large asset base does not necessarily translate into profitability or strong shareholder returns, particularly where the assets are financed largely by liabilities. Negative equity raises concerns The Q2’26 balance-sheet figures also show significant differences in the financial strength…

…downstream business was more of a service than a major profit-making venture. But beyond profitability, Obasanjo said the official identified the small size of the Nigerian refineries, poor maintenance and corruption as other reasons for Shell’s reluctance to operate them. “He said our refineries are too small. This wa…

…Okon said this […] The post Seplat tasks industry players on asset integrity to boost profitability appeared first on Tribune Online.

…association also trained farmers to adopt modern technology to improve productivity and profitability. Speaking at the event, the Chairman of PAN Lagos, Mojeed Iyiola, said poor sales remained one of the biggest challenges confronting poultry farmers, forcing many farms to dispose of hundreds of eggs daily. “We have fa…

…delivered a strong first-half performance, with sustained commercial momentum, improved profitability and robust cash generation,” he said, adding that demand for the company’s services remained resilient despite macroeconomic headwinds. The strong growth in data revenue contributed to the company’s improved financial…

…to N13,000, also played a significant role in boosting the companies' revenues and profitability.Dangote Cement grew half-year profit to N640.2 billion Photo: BloombergImagesDangote Cement Leads on Scale and ProfitLegit.ng analysis showed that Dangote Cement remained the sector's largest earner, with profit attributabl…

…N136.57bn to group EBITDA. Strong top-line expansion translated into double-digit profitability gains across all performance metrics. Gross profit rose 30.51 per cent to N1.590tn from N1.218tn in H1 2025, while operating profit gained 30.66 per cent to close at N1.060tn. Driven by a significant reduction in net finance…

…and expand cautiously into regional destinations. It is a reminder that in aviation, profitability is often determined not by operating the biggest aircraft, but by operating the most appropriate one. For instance, the Beechcraft 1900D has an 18-seat configuration, making it ideal for low-demand, short-haul. The ATR 42…

…electrical and mechanical engineering are foundational to the survival, profitability and safety of the Nigerian oil and gas industry. This training is designed to close existing gaps and prepare participants for industry demands.” He urged the trainees to maximise the opportunity, saying it had the potential to transf…

…Limited and obtained by The PUNCH, the brewer disclosed that despite a recent return to profitability, it remains legally unable to reward its shareholders due to the massive negative retained earnings sitting on its balance sheet from the 2025 financial year. \To remedy the situation, International Breweries plans to…

…quarter of 2026, from N87.90bn in the corresponding period of 2025, signalling stronger profitability, lower debt burdens and increased reliance on equity financing. An analysis of the companies' unaudited financial statements showed that finance costs decreased by N20.23bn year-on-year as many firms returned to profit…

…the claim while others defended the possibility, reigniting conversations around the profitability of small-scale businesses. The short clip, shared on X by #ChuksEricE on Sunday, showed a woman asking the corn seller how much she made from the business. Responding, the seller said, "Per month I make like 2.5 million."…