Dangote Cement has reported a 62.2 per cent revenue growth, reaching N3,580.6 billion in 2024. The company’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) also grew by 56.0 per cent to N1,388.2 billion, with a 38.6 per cent margin. Arvind Pathak, Chief Executive Officer and Group Managing Director of Dangote Cement, disclosed this in…
In a bold fiscal move, Nigerian President Bola Tinubu will sign into law four transformative bills on Thursday that aim to modernise the country’s tax system and boost its revenue-generation capabilities. The new laws – The Nigeria Tax Bill, Nigeria Tax Administration Bill, Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill…
Pink Africa Foundation says the survival rate of patients with breast cancer in Nigeria is still low due to late detection and poor awareness. Mr Victor Ekpo, the Executive Director of the Foundation said this on Monday in Calabar during an awareness walk. The walk was organised by Pink Africa Foundation in partnership with Asi…
Former Head of State, Gen. Abdulsalami Abubakar (retd.), has congratulated Gen. Yakubu Gowon (retd.) on the occasion of his 91st birthday. Abubakar conveyed his message in a telephone interview with the News Agency of Nigeria (NAN) on Monday. “Warmest congratulations to Gen. Yakubu Gowon on attaining the remarkable milestone of 91 years. Sir, your leadership,…
Former Nigerian President Goodluck Ebele Jonathan has warned that a compromised judiciary and poor governance deter investment and diminish Nigeria’s global reputation. He made the remarks at the Haske Satumari Foundation’s annual colloquium in Abuja, which focused on promoting social development through diversity, equity, and inclusion. Jonathan criticised the actions of key political actors, stating…
Some Chinese, Indian, Tunisian, Ghanaian companies and over 200 indigenous companies would be participating at the forthcoming 36th Enugu International Trade Fair, says Enugu Chamber of Commerce, Industry, Mines and Agriculture (ECCIMA). The Director-General of ECCIMA, Mr Uche Mba, told the News Agency of Nigeria (NAN) in Enugu on Tuesday that about 100 indigenous national…
Nigeria’s President, Bola Tinubu, has nominated Professor Joash Amupitan to serve as Chairman of the Independent National Electoral Commission (INEC), seeking parliamentary confirmation for the appointment. In a formal communication to Senate President Godswill Akpabio, read during Tuesday’s plenary, Tinubu said the nomination aligns with Section 154 (1) of the country’s 1999 Constitution. Professor Amupitan,…
Saudi Arabia says it supports the Lebanese government’s authority over the country’s entire territory and confiscation of weapons from armed Shiite groups, thereby limiting the influence of the southern-based Shiite movement Hezbollah. The Saudi Press Agency (SPA) reported on Tuesday, following Lebanese President Joseph Aoun’s visit to Riyadh. Aoun’s trip to Saudi Arabia marked his…
The All Progressives Congress (APC) stakeholders in Adamawa have expressed their confidence in the administration led by President Bola Tinubu. During a meeting of party executives in Hong on Tuesday, the stakeholders pledged their support for the re-election of the president in 2027, emphasising the need for the continued delivery of democratic benefits. Mr Salihu…
