Julius Berger Nigeria PLC has published its financial report, showcasing a 74.04 percent year-over-year growth in pre-tax profits, bringing the cumulative figure to N26.1 billion for the nine-month period ending September 30, 2024. However, in the third quarter alone, pre-tax…
The Minister of Works, David Umahi, has called on Julius Berger to show corporate patriotism by accepting the Federal Government’s approved reviewed total contract sum of ₦740, 797,204,713.25 for the completion of the rehabilitation of the 82 km section II…
Nyesom Wike, the Minister of the Federal Capital Territory, FCT, on Monday narrated how he revoked the certificate of occupancy (C of O) of some plots of land allocated to Julius Berger, in the Katampe District of Abuja. Wike was…
Nigeria’s equities market opened the new week in green, though it was on a slightly upward trajectory (+0.03 percent or N16 billion). “We expect a mixed market close, driven by anticipated cautious trading in banking stocks amid increased regulatory scrutiny…
The Minister of Works, David Umahi, has asked construction giants, Julius Berger, China Civil Engineering and Construction Company and the Raynolds Construction Company to mobilize to the site or risk termination of their contracts. Umahi said this while speaking during…
The Federal Government, through the Ministry of Works, has issued a seven-day ultimatum to Julius Berger Nigeria, the contractor constructing the 35.7km Bodo-Bonny Road and Bridge projects in Rivers State. The new ultimatum demands that the firm either resume work…
The Federal Government has taken delivery of the second Niger bridge from the contractor, Julius Berger, seven months after it was inaugurated by the previous administration. The Minister of Works, Mr David Umahi, while addressing journalists, shortly after he was…
Mr. Peter Obi, Presidential Candidate of the Labour Party in the 2023 general election was among those affected as the Minister of the Federal Capital Territory (FCT), Nyesom Wike has announced the revocation of 167 plots of land in some…
The Federal Government has ordered a temporary suspension of the ongoing construction works on the Lagos-Ibadan Expressway to ease the travelling experience for holidaymakers returning to their destinations after the festive season. Recall that the construction company, Julius Berger on…
Construction giants, Julius Berger on Saturday, shut down their operations in Abuja and its environs following a terror alert. Recall that the United States and the United Kingdom had a few days ago, issued travel advisories over possible terror attacks…
