BUA Foods is currently worth N6.8 trillion, 41 per cent higher than the valuation of BUA Cement, the group’s flagship company. The post BUA Foods plans record N99 billion dividend payout as annual profit surges 23% appeared first on Premium Times Nigeria. Powered by WPeMatico
Foreign exchange translation gains lift Dangote Cement’s income to N1 trillion
Revenue accelerated more than one-third to N2.2 trillion, driven by hikes in the prices of products in a year Dangote Cement produced less, the company’s latest annual audited report showed. The post Foreign exchange translation gains lift Dangote Cement’s income to N1 trillion appeared first on Premium Times Nigeria. Powered by WPeMatico
Lafarge Africa reports first profit drop in 6 years after surge in tax backlog
Independent auditor Ernst & Young (E&Y) raised an eyebrow at the management of Lafarge Africa making an outrageous provision of N5.5 billion for the deterioration of a large volume of clinker, a key raw material for the company. The post Lafarge Africa reports first profit drop in 6 years after surge in tax backlog appeared […]
