Lower interest rates to boost food security, farmers urge CBN
Nigeria’s Central Bank has been encouraged to lower loan rates in order to increase food production by the Agriculture Development Farmers Association…
Business
FG plans to raise $50m impact investment fund
The minister of budget and economic planning, Abubakar Bagudu, has declared that the federal government is prepared to make its $100 million Wholesale…
SMEDAN seeks 25% govt contracts for SMEs
The Director General of the Nigerian Small and Medium Enterprises Development Agency, Charles Odii, has urged the Federal Government to give small and…
Equity market ASI hits all-time high
The Nigerian Exchange Limited’s All-Share Index reached a historic high of 70,000 basis points at the close of trade on Wednesday, following…
Chevron, Tethys partner to produce local lubricants
Chevron Brands International LLC and Tethys Ltd have signed a Branded Business Development Agreement to enable the local manufacturing, distribution, and marketing…
Westa unveils 990kwp solar installation
Westa Solar has revealed a 990kWp solar system at Aspira Nigeria Limited to help businesses overcome the difficulty of an inconsistent electricity…
Naira trades at N1,185/$ as liquidity concerns continue
Bureau de Change Operators have said that the naira traded at 1,185/$ on Wednesday on the parallel market as the liquidity problem remained.…
NGX begins Nov positive as ASI crosses 70,000 mark
The All-Share Index closed at 70,581.76 points, marking the first time in history that it has crossed the 70,000 barrier, as NGX…
Zenith Bank’s Q3 profit hits N505bn
The topline metrics of Zenith Bank Plc saw a three-digit increase for the third quarter that ended in September 2023, thanks to both interest…
FG to unveil one million CNG cars by 2027
The Federal Government has announced plans to launch one million compressed natural gas-powered vehicles by 2027. The Special Assistant to the President…
NGX Group grows profits by 606% to N1.22bn
The Nigerian Exchange Group’s earnings after tax increased by 606.2% to N1.22 billion at the end of the third quarter, compared to…
Schweppes unveils new product
Schweppes, a premium beverage brand, has launched a new 40cl PET bottle in Nigeria. The Punch reported that the business noted in a…