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FebDangote Cement Plc plans $400m expansion of its Ethiopia cement plant
Dangote Cement Plc has notified the Nigerian Exchange Limited (NGX) and all stakeholders of its plan to invest USD 400 million to upscale a second production line at its Mugher cement plant in Ethiopia. This expansion aims to double the facility’s annual production capacity to 5 million tons and is […]
20
FebStock market rises by 0.87% higher
The Nigerian stock market on Wednesday closed higher as the All Share Index rose by 0.87% to close at 108,609.51 points from the previous close of 107,670.98 points. The Market Capitalisation appreciated by 0.75% to close at N67.684 trillion from the previous close of N67.179 trillion, thereby adding N505 billion.[…]
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FebDangote Refinery cuts diesel price to N1,020 from N1,075 per litre
The Dangote Refinery has announced a reduction in the cost of its diesel, lowering the gantry price from N1,075 per litre to N1,020 per litre. Additionally, the company has cut its ex-depot price for petrol from N950 per litre to N890 per litre. According to the company, this price reduction[…]
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FebUHOMREIT Plc reports N1.046bn profit in 12 months
UH Real Estate Investment Trust Plc delivered an impressive financial performance for the year ended December 31, 2025, reflecting strong growth in both revenue and profit. Key Financial Highlights: Key Takeaways: This performance signals a positive outlook for UH Real Estate Investment Trust, reinforcing its position as a strong income-generating[…]
