Investors make N182bn in one week
Investors have had a week of favourable trading days as there has been a gain of N182 billion in the market capitalization…
Business
Raw materials gulp N534bn in Dangote firm, BUA Foods
More than N534 billion was spent on raw materials by food firms BUA Foods, Dangote Sugar Refineries Plc, and Nason Allied Industries…
Rice price to surge by 32% in 2024 – Report
The AFEX Wet Season Crop Production Report for 2023 projects that the price of paddy rice will rise by 32% in the…
ICPC criticizes procurement contracts over integrity gap
The Independent Corrupt Practices and Other Related Offences Commission has joined forces with the Abuja Chamber of Commerce and Industry to address…
SEC to promote infrastructure financing
The director general of the Securities and Exchange Commission, Lamido Yuguda, has stated that the commission’s 2019 focus will be on capital market…
EU readies €24.4m to tackle W’Africa’s illegal weapons spread – Official
The European Union has set aside €24.4 million to improve cross-border collaboration in West Africa and combat the issue of illicit trafficking…
Nigeria has untapped logistics industry worth N3trn — Logistics expert
The country’s estimated N3tn logistics, courier, and transport industry has not yet reached its full potential, according to the Executive Chairman of the…
Naira devaluation: Multichoice records $72.4m net loss
MultiChoice Group Ltd. has announced a third straight semi-annual loss of 1.32 billion rand ($72.4 million) for the six months that ended on…
FG seeks partnership for AfCFTA success
The Federal Government has asked countries in West and Central Africa to work together to ensure the success of the African Continental…
Flour Mills shareholders approve BAGCO as subsidiary
Flour Mills of Nigeria, a food and agro-allied corporation, has its shareholders’ approval to convert a division of BAGCO into a fully…
Maritime expansion to be delayed by ports, harbour bill – Union
The proposed Ports and Harbour Bill was rejected by the Marine Workers Union of Nigeria, citing worries that it will stifle expansion…
Masters Energy urges FG to handle FX issues
Masters Energy Oil & Gas Limited has petitioned the Federal Government to ease currency restrictions in product importation. The Punch reported that this…