Dangote Group has dismissed as false and malicious a publication alleging that its President, Aliko Dangote, distanced himself from Tony Elumelu, describing the report as entirely baseless. In a statement issued by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company said neither Dangote nor the Group made […]
Other News
Cadbury Nigeria Plc Q1 2026: Cost Pressures Weigh on Bottom Line
May 4, 2026/CSL Report Cadbury Nigeria Plc reported a modest improvement in Q1 2026 performance, with Revenue rising by 7.0% year-on-year (y/y) to ₦39.8 billion (Q1 2025: ₦37.2 billion). Growth was primarily driven by domestic sales, which accounted for 97.7% of total Revenue and increased by 9.3% y/y to ₦38.9 […]
Weekly Investment View, May 04 – May 08, 2026
May 4, 2026/United Capital Update Global Markets United States The US Federal Reserve (Fed) held its benchmark interest rate steady at 3.50% – 3.75% for a third consecutive meeting, as policymakers remain cautious amid persistent inflationary pressures. While inflation has moderated from prior highs, it continues to run above the […]
