May 7, 2024/Alesia Communications Technology group Wärtsilä has signed a ten-year Operations and Maintenance (O&M) Agreement for a captive power plant providing the energy for a Nigerian cement producing facility. The new cement plant is owned by Mangal Industries and is located in Kogi State, Nigeria. The order was booked […]
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Fueling Progress: Harnessing the Potential of Natural Gas
May 7, 2024/Axxela As Nigeria moves to attain universal access to cleaner, affordable energy and foster infrastructure development, natural gas will remain a critical resource with immense potential to drive progress aligned with the UN Sustainable Goals. Though Nigeria holds Africa’s largest proven natural gas reserves, the International Energy Agency […]
Nestle Nigeria’s Financial Performance Continues to be Hampered by FX Losses in 1Q24
FSDH Initial Reaction: Nestle Nigeria 1Q24 results Kindly click here to download the report. May 7, 2024/FSDH Research Key Performance Highlights: Nestle Nigeria reported robust revenue growth of 43.4% YoY to N183.5 billion in 1Q24, primarily driven by a 44.2% YoY jump in the Food segment to N117.0 billion, further […]
