Monday, May 19, 2025

Companies

Nestlé Nigeria returns to profit in Q1 2025 with ₦30.2 billion

Nestlé Nigeria Plc has made a strong comeback to profitability, posting a ₦30.2 billion profit after tax in the first quarter of 2025, compared...

VFD Group bounces back strongly in 2024, returns to profit

VFD Group Plc has made a strong comeback in 2024, returning to profitability and nearly doubling its earnings, thanks to strategic investments and a...

Lafarge is foreign-owned. Why is Senate suddenly afraid of sale to China?

The Nigerian Senate’s Thursday debate over the proposed sale of Lafarge Africa, the country’s third-largest cement producer, to a Chinese firm has raised speculation...

Rivals MTN and Airtel agree to share networks in Nigeria, Uganda

MTN Group and Airtel Africa have signed an agreement to share mobile network infrastructure in Nigeria and Uganda, with an aim aiming to cut...

Another MTN pain as little-known firm wins N880m trademark case

MTN Nigeria has suffered another setback after a Federal High Court in Lagos ordered the telecom giant to pay N840 million in damages for...

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