6 d. ago Novo Nordisk to cut 9,000 jobs in $1.3bn restructuring amid competition from Eli Lilly

Tribune Online Novo Nordisk to cut 9,000 jobs in $1.3bn restructuring amid competition from Eli Lilly Novo also revised its operating profit growth forecast for 2024 to between 4% and 10%, down from an earlier projection of 10% to 16%, due solely to restructuring costs. Novo Nordisk to cut 9,000 jobs in $1.3bn restructuring amid competition from Eli Lilly Tribune Online

Politics

6 d. ago Nestlé Nigeria bets on FX stability to sustain profit growth — MD/CEO

Nestlé Nigeria is betting on the now stable FX environment and a surge in its local sourcing to maintain the read more Nestlé Nigeria bets on FX stability to sustain profit growth — MD/CEO

Politics

2 w. ago Consolidated Hallmark Holdings strengthens shareholder value with 404% profit growth

Consolidated Hallmark Holdings Plc has recorded strong growth across all indices in its first year of operation, with profit before read more Consolidated Hallmark Holdings strengthens shareholder value with 404% profit growth

Politics

2 w. ago Legend Internet grows profit by 45% but cash flow pressures mount

Legend Internet Plc boosted annual profit by 45 percent as lower network costs and new revenue streams lifted margins, though read more Legend Internet grows profit by 45% but cash flow pressures mount

Economics

3 w. ago “Don’t Eat Your Capital Thinking It’s Profit” – Williams Uchemba To Business Owners

Nollywood actor and entrepreneur Williams Uchemba, has urged owners of small and medium-sized businesses to distinguish between actual profit and cash flow. In a video posted on Instagram on Tuesday, Uchemba emphasized that money invested in a business does not become profit until the initial capital has been recovered. “If you invest one million naira […] The post “Don’t Eat Your Capital Thinking It’s Profit” – Williams Uchemba To Business Owners appeared first on Information Nigeria.

Politics

4 w. ago C & I Leasing’s profit climbs as lease income offsets surging borrowing costs

C & I Leasing Plc posted stronger earnings in the first half of 2025 as robust growth in lease rental read more C & I Leasing’s profit climbs as lease income offsets surging borrowing costs

Economics