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3 reports in Business & Trade
Transcorp Group's unaudited nine-month results show lower revenue and profit despite a wider pre-tax margin. Management attributes pressure on its power business to transmission and gas constraints.
International Breweries' unaudited nine-month results show pre-tax profit up 21.9% but net profit down 5.7%, as a larger income-tax expense offsets operating gains.
Nigeria's telecom regulator approved tariff adjustments capped at 50% in January 2025. The decision addressed operators' rising costs, while consumer authorities required clearer pricing and measurable service improvements for households and businesses.
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