Oando Plc, on Tuesday, announced an N81.23 billion loss in its 2022 financial year, citing a hike in the cost of sales and finance costs that signify a struggling company. The indigenous petroleum company quoted on the Nigerian Exchange…

Dangote Cement Plc combined marked increases in sales volume and average product prices to hit sales revenue of over N817 billion for the group in the first quarter – more than double the corresponding turnover figure of N406.7 billion in…

Nestle Nigeria Plc maintained stable growth in sales revenue across quarters to N446.8 billion at the end of the 2022 full-year operations. This is an increase of 27 percent in turnover in the year – the strongest revenue growth in…

Dangote Cement has turned to green fuel as it revved up sales by 6.2 percent to 20.8metric tons, undetterred by the quickening inflation that has ravaged the global environment. Green fuel also known as Compressed Natural Gas…

Cost of input claimed about N1.06 trillion or 91 per cent of the group sales revenue of N1.16 trillion that Flour Mills of Nigeria generated in its 2022 financial year ended March. The company’s revenue grew by N392 billion or…

Strong product demand momentum and some major cost savings are the key functions of Lafarge Africa’s 43 per cent profit advance at the end of the third quarter in September 2021. The cement producing company expects to reinforce the gains…

Unilever Nigeria’s operating pressure took a new turn in the third quarter when input cost exceeded sales revenue. That produced a gross loss of N1.7 billion from which the company built a net loss of over N3 billion for the three months of…

BUA Cement Plc delivered a standout performance in the first half of 2026, raising sales revenue by 25.6 per cent to nearly ₦729 billion, even as total cement production costs remained flat at below ₦302 billion. This cost-income dynamic …

Despite declining sales revenue in Q2 2026, BUA Foods Plc improved profits and expanded margins through aggressive cost-cutting, demonstrating disciplined management in a challenging environment. The food producer’s interim financial…

UAC of Nigeria Plc is reaping the rewards of its acquisition of C.H.I. Limited, which has become the group’s key growth engine, driving a more than threefold surge in sales revenue to approximately ₦365 billion at the close of its half-year…