The earnings of NASCON Allied Industries Plc, a manufacturer of salt, vegetable oil, tomato paste and seasoning products in Nigeria, have surged to the highest in at least 12 years, data compiled by BusinessDay shows.
According to the company’s financial statement, its after-tax profit rose to
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.