Nascon Allied Industries, a salt maker in Nigeria, has recorded a 17 percent decline in after-tax profit to N4.84 billion in the first half of 2024 despite revenue growth. The firm’s after-tax profit dropped to N4.84 billion in the first half of 2024 from N5.82 billion in the same period of 202
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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.

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