Industry

Dangote Cement, one of Nigeria’s largest indigenous companies and the largest by market capitalization incurred a company income tax of N97 billion for the financial year ended December 2020.       This s according to the information contained in its full-year audited financial statements for the period under review. ...

…Donates 3 ambulances, 50,000 facemasks to Kaduna Barely 48 hours after Bauchi and Gombe State governments received 3 ambulances and 50,000 facemasks each from BUA Group to combat the rising cases of COVID-19 pandemic, another 3 fully equipped ambulances and 50,000 reusable facemasks have been donated to the Kaduna State ...

The Lagos State Governor, Babajide Sanwo-Olu on Friday, November 13, 2020, unveiled the first Nigerian electric car named Hyundai Kona. The car, which is a product of Stallion Group, was launched at the VON Automobiles Nigeria in Ojo, Lagos State where the car was manufactured. The new Kona, an Electric ...

BUA Cement, on Tuesday, said it never received any blanket approval to export cement through the Nigerian land borders at a time the borders were closed. The company said it was only granted a limited approval to export some cement to Niger Republic, which is 100kms from its plant, and this ...

…Pledges to Lead Dairy Development in Nigeria Nigeria’s foremost dairy company, FrieslandCampina WAMCO Nigeria PLC, producers of Peak and Three Crowns milk has announced a turnover of N161.8 billion at the 47th Annual General Meeting held at the FC Academy in the Company’s Head Office at Ikeja, Lagos, Thursday, 25 June 2020. ...

FrieslandCampina WAMCO Nigeria PLC, makers of Peak and Three Crowns brands of milk, has donated the sum of N500million as a contribution towards Nigeria’s COVID-19 intervention fund organized by the Private Sector Coalition Against COVID-19 (CACOVID). The donation, which is coming as part of FrieslandCampina WAMCO’s corporate social responsibility follows ...

Two Nigerian entrepreneurs (former students of the University of Ibadan) and three research students from the Delft University of Technology, The Netherlands, have developed a mobile software application to help dairy farmers perform better. Named the ‘mDairy App’ according to the company’s spokesperson and Executive Director, Corporate Affairs, Mrs. Ore Famurewa, the effort is being ...

President Muhammadu Buhari and his Dutch counterpart, Prime Minister of The Netherlands, Mark Rutte, are happy with the public-private partnership between FrieslandCampina WAMCO Nigeria PLC, producer of dairy brands Peak and Three Crowns milk, and the Niger State government on the backward integration initiative ongoing on 10,000 Hectares of Land ...

Heritage Bank Plc, Nigeria’s most innovative banking service provider, disclosed that Nigeria’s Gold market is worth £4 billion Pounds with high prospects of profitability for all players in the subsector. The MD/CEO, Ifie Sekibo, who stated this at the Nigeria-Canada Investment Summit, held in Abuja, yesterday also disclosed that the enormous ...

In a bid to boost the nation’s economic growth, Heritage, Zamfara State Government and the Pan African Capital, at the just concluded Russian-African Summit in Sochi, Russia, held a meeting to brief President Muhammad  Buhari on the African Export Import Bank cooperation with Zamfara on solid minerals development put together by the ...