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BUA Cement Triples 2025 Profit to N356 Billion, Lifts Dividend

BUA Cement 2025 profit triples to N356 billion as revenue surpasses N1.179 trillion and board lifts dividend to N10 per share.
Business

Nigeria’s Economy Grows by 4.07% in Late 2025

KEY POINTS Nigeria’s economy grew 4.07% in Q4 2025, higher than 3.76% in Q4...
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Dangote Swaps Luxury for Factory Floor in Industrial Push

Dangote industrialization strategy replaces luxury lifestyle with large-scale factories, cement plants and a refinery aimed at boosting local production.
Business

CAC Says Nigeria Competing Globally in Business Registration

CAC instant business registration system drives surge in incorporations as official calls for stricter crypto oversight.
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Court Says AMNI Not in Receivership, Adjourns Dispute Hearing

Court says AMNI is not in receivership and sets February 26 to rule on stay request in AMNI receivership dispute.
Business

Payaza Africa Seeks N50 Billion in New Commercial Paper Offer

Payaza N50 billion commercial paper offer opens as fintech returns to debt market to fund expansion and working capital needs.
Business

Court Orders Oriental to Pay Indimi Daughters $43.51 Million

Court orders Oriental Energy to pay $43.51 million to Indimi daughters in a dividend dispute over offshore oil earnings and share ownership.
Business

MTN Nigeria Becomes Most Valuable Firm on NGX

MTN Nigeria market valuation hits $11.2 billion after a 19.45% share rally, overtaking BUA Foods and Dangote Cement on the NGX.
Business

CBN Cuts Interest Rate to 26.5% as Inflation Eases

KEY POINTS The CBN reduced its benchmark interest rate from 27% to 26.5%, signaling...
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Innoson Employs 8,000 Workers as Expansion Accelerates

Innoson expansion to add 2,000 jobs and launch a tractor plant as workforce reaches 8,000 across Nigeria.
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Heirs Energies Sees $186 Million Paper Gain on Seplat Stake

Heirs Energies records a $186.6 million paper gain on its Seplat stake as shares rise sharply following December acquisition.
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Dangote Plans July Share Sale for 650,000 Bpd Refinery

Aliko Dangote says Nigerians may buy shares in the Dangote refinery by July, opening the 650,000 bpd project to public investors.
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