…African-led investments in driving the continent’s industrial renaissance. With record revenue growth, a robust investment pipeline, expansion of refining capacity in Nigeria and the planned development of the East African Oil Refinery in Kenya, Dangote Group is reinforcing its role as a key driver of Africa’s economic…
The Federal Government has said a sustained increase in domestic revenue will be critical to Nigeria’s efforts to secure an investment-grade sovereign credit rating. The government said it would focus on raising revenue, improving the efficiency of public spending and strengthening debt affordability while consolidatin…
…to improve revenue mobilisation. It also exposes the limits of measuring Nigeria’s revenue growth in naira terms alone. While the removal of petrol subsidy, foreign exchange reforms and improved revenue mobilisation helped to push FAAC allocations sharply higher, a significant part of the increase reflects the devaluat…
…stocks, and general market trends.Nigeria’s listed consumer goods sector recorded strong revenue growth in the first half of 2026, with the top 10 companies generating more than N3.5 trillion during the period.This is according to data analysis of the companies' financial results obtained from the Nigerian Exchange.The…
…strengthen commercial capacity, and position Nigerian football clubs for sustainable revenue growth. The commitment was reaffirmed on Wednesday during the NPFL–Afrinvest Media and Marketing Workshop in Enugu, where media officers and marketing heads from all 20 NPFL clubs underwent training on branding, digital visibil…
…ongoing operational and macroeconomic pressures, cost increases remained contained below revenue growth. Total production cost of sales edged up 8.29 per cent to N924.31bn, primarily driven by fuel and power consumption of N384.49bn and raw material costs of N225.41bn. Selling and administrative expenses saw haulage co…
…with excessive taxation, saying a thriving business community remains key to the state’s revenue growth.Speaking during a media engagement with journalists in Ado-Ekiti, Olatona said EKIRS has shifted its focus from aggressive enforcement to taxpayer education, dialogue, and voluntary compliance, stressing that the age…
Guinness Nigeria PLC has reported a top-line revenue growth of 11.8 per cent to N265.04bn for the six months ended 30 June 2026, up from N237.00bn recorded in the corresponding period of 2025. The performance was detailed in the company’s unaudited condensed financial statements submitted to the Nigerian Exchange Group…
…The three pillars she established on her first day — production optimisation and revenue growth, regulatory predictability and speed, and safe, well-governed, sustainable operations — have continued to guide the commission’s actions over the past six months. The CCE-Operators Leadership Forum, announced on her first da…
…success has traditionally been measured by market share, customer acquisition and revenue growth. But Gossy Ukanwoke, managing director of KingMakers and CEO of BetKing, is championing a different leadership philosophy, one that places social impact alongside commercial performance. As expectations grow for businesses…
…NDW and Renaissance will be reflected from 2026 onwards. Driving the numbers Aradel's revenue growth was supported by all three operating segments, with crude oil remaining the largest contributor. Crude oil exports rose 18% to N440.1 billion and accounted for 63% of total revenue, supported by higher production volume…
…and our free cash flow, excluding Tencent, continues to grow.” The company said stronger revenue growth and profitability across its consolidated businesses, alongside improved contributions from equity-accounted investments such as Tencent, drove earnings higher. The results also offer a clearer view of how Prosus wan…