Chinwe Michael, Author at Businessday NG

Dangote Cement signs $1bn deal with China’s Sinoma to drive expansion plans

Dangote Cement Plc has signed an agreement with China’s Sinoma International Engineering for the construction of new plants across Africa,…

BUA Cement profit up 382% to N356bn, declares N10 dividend

BUA Cement Plc reported a profit after tax of N356.04 billion in 2025, up 381.7 percent from N73.91 billion in…

Nigerian banks gain dollar buffers on rising FX reserves

A sharp rise in foreign-currency liquidity across Nigeria’s banking sector is reducing the risk around about $1.7 billion of Eurobonds…

FCMB, Wema lead mid-tier banks’ profit growth in 2025

FCMB Group and Wema Bank posted the fastest profit growth among Nigeria’s mid-sized lenders in 2025, riding a surge in…

Oil sector growth drives Nigeria’s GDP by 4.07% in Q4

Nigeria’s real GDP grew by 4.07 percent in the fourth quarter of 2025, driven by an increase in the average…

CIBN pledges stronger partnership with ACAMB to boost banking sector growth

The Chartered Institute of Bankers of Nigeria (CIBN) has pledged full support to the Association of Corporate and Marketing Professionals…

M-KOPA Nigeria to launch pay-as-you-go data bundles in March

M-KOPA Nigeria will introduce its pay-as-you-go data bundles in March as part of its 2026 expansion, signaling a new phase…

Transcorp Group PBT hits N179.5bn in FY 2025

Transnational Corporation Plc reported record full-year 2025 results with profit before tax rising to N179.5 billion, reflecting stronger operating performance…

Lafarge Africa declares 600 kobo dividend as profit jumps 173%

Lafarge Africa Plc has proposed a final dividend of 600 kobo per 50 kobo ordinary share for the year ended…

Domestic capital replaces foreign inflows as manufacturing FDI drops to eight-year low

Foreign investment in Nigeria’s production and manufacturing sector declined to its lowest level in nine years in the first nine…

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