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Dangote Cement profit hits N321bn as capacity expands to 55MT
Business
1 sources

Dangote Cement profit hits N321bn as capacity expands to 55MT

Dangote Cement Plc achieved a profit after tax of N321.1 billion for Q1 2026, reflecting strong financial performance. The company's capacity has also expanded to 55 million tonnes, indicating growth in operations.

Ecobank profit rises to N197bn on interest income growth
Business
2 sources

Ecobank profit rises to N197bn on interest income growth

Ecobank Transnational Incorporated has reported a profit after tax of N197.5 billion for Q1 2026, largely driven by growth in interest income. This marks a significant financial achievement for the bank.

Meta Chief Zuckerberg Doubles Down On AI Spending
Business
5 sources

Meta Chief Zuckerberg Doubles Down On AI Spending

Meta has increased its capital expenditures for the year to between $125 billion and $145 billion, focusing on AI investments. However, the company has not specified how these expenditures will lead to profits.

Samsung Electronics Posts Record Quarterly Profit On AI Boom
Business
4 sources

Samsung Electronics Posts Record Quarterly Profit On AI Boom

Samsung Electronics has reported a record quarterly profit, driven by the booming demand for AI technology. The company, alongside SK Hynix, is a major supplier of high-performing chips essential for the rapidly evolving AI industry.

Negotiation as a strategic capability
Business
1 sources

Negotiation as a strategic capability

The article emphasizes the importance of negotiation as a strategic skill in organizations. It highlights that effective negotiators are not only good speakers but also attentive listeners.

BusinessDay 30th Apr 2026
Business
1 sources

BusinessDay 30th Apr 2026

The article from BusinessDay discusses various business trends and insights relevant to Nigeria. It highlights the evolving economic landscape and opportunities for growth.

TotalEnergies Records Net Income of $5.4 Billion in Q1
Business
5 sources

TotalEnergies Records Net Income of $5.4 Billion in Q1

TotalEnergies has reported a net income of $5.4 billion for the first quarter, exceeding expectations. The company is also increasing dividends and share buybacks due to profits linked to the ongoing war-related market conditions.

Edo miners, NSCDC disagree over harassment, extortion claim
Business
4 sources

Edo miners, NSCDC disagree over harassment, extortion claim

Edo State Miners Association accuses the NSCDC of extortion regarding royalty payments, which the NSCDC denies, claiming impersonation is involved. The disagreement highlights ongoing tensions between miners and security agencies in the region.

Fintech deal targets faster cross-border payments
Business
1 sources

Fintech deal targets faster cross-border payments

OneDosh has partnered with PlaywithTomide to enhance cross-border payment processes for Nigeria's gaming sector. This collaboration aims to improve financial services for gamers in the country.

We’re committed to impacting over 200 million Nigerians — NNPCL
Business
5 sources

We’re committed to impacting over 200 million Nigerians — NNPCL

NNPC Limited has pledged to enhance the lives of over 200 million Nigerians, emphasizing that their success is measured by positive social impact rather than just oil production. This commitment aims to foster broader community development across the nation.

NGX shareholders laud board, urge sustained growth focus
Business
1 sources

NGX shareholders laud board, urge sustained growth focus

NGX shareholders praised the board's performance during the 65th AGM, approving a N2.00 dividend and a bonus share issue. They emphasized the importance of maintaining a focus on sustained growth.

Firms Reward Creators with N12M and Paris Trips
Business
5 sources

Firms Reward Creators with N12M and Paris Trips

Konga Health and CeraVe have awarded creators with N12 million and trips to Paris, celebrating innovation in the beauty industry. This initiative highlights the fusion of technology and creative storytelling in redefining beauty narratives.

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