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Unilever reports products sales boost as PBT rise 147% in Q1’25

Unilever Nigeria Plc has reported increase in sales of food, personal care, and other products in the first quarter of 2025 (Q1’25) leading to a 146.67% increase in its profit before tax (PBT) of N10.7 billion compared to N4.3 billion recorded in the same quarter of 2024 (Q1’24). This was revealed in the company’s financial results […]

Manufacturing investments crash by 35% amid rising cost of finance

Stories by Yinka Kolawole High cost of finance occasioned by rising interest rates, among other factors, led to a 35.3 percent crash in investments in the manufacturing sector to N658.81 billion in 2024 from N1.018 trillion in 2023. This was reflected in the Second Half of 2024 (H2’24) Economic Review of the Manufacturers Association of Nigeria […]

Crude Curse Demolishes 2025 Budget,  Threatens 2026

By Dele Sobowale Nigerian leaders in Abuja and at state levels are desperate; even if most Nigerians are not aware of it. The federal and state governments are going broke with each passing day. Meanwhile, ignorance is bliss. Most Nigerians go to bed without the vaguest idea about how their economy is being gradually demolished by the […]

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