Commodity cost: Nigerians lament despite naira gains
Despite the naira’s gains over the past week, Nigerians have expressed dissatisfaction with the country’s high cost of goods and services. It…
Business
Adopt Naira transactions, oil marketers urge NIMASA, NPA
The Oil Marketers Association of Nigeria has urged the Nigerian Maritime Administration and Safety Agency and the Nigerian Ports Authority to obey…
Stock market closes week positive, indices up 0.06%
The domestic bourse ended the week on a positive note, as market capitalisation gained N14 billion or 0.06 per cent to close…
Petroleum marketers demand access to forex
The Depots, and Petroleum Products Marketers Association of Nigeria on Tuesday asked the Federal Government to allow its members access foreign exchange…
Jumia CEOs step down as new management emerge
The co-founders of Jumia, Jeremy Hodara and Sacha Poignonnec, have stepped down as co-CEOs of the African eCommerce giant This is as…
Dangote, BUA shares gain N400bn in three days
Dangote Cement Plc and BUA Cement Plc’s shares gained N400 billion in the first three days of November 2022 amidst the current…
OctaFX partners SMEs to celebrate financial independence
OctaFX has joined forces with 62 small and medium-sized Nigerian businesses to celebrate financial independence. The international broker joined forces with the…
Nigerian Breweries, CrossBoundary Energy signs $10m solar power deal
The largest renewable energy project in Nigeria’s commercial and industrial sector is being developed by Nigerian Breweries Plc and CrossBoundary Energy under…
SMEs lament multiple taxes, poor power supply
Stakeholders in the Small and Medium-Scale Enterprises segment of the economy have lamented that lack of adequate power supply and multiple taxes…
Kogi to revoke BUA’s CofO over unpaid land
Kogi House of Assembly threatened to revoke the Certificate of Occupancy of the cement manufacturing firm, BUA Group, over unpaid 50,000 hectares…
Obajana: FG reopens plant, Kogi, Dangote continue talks
The Federal Government has reopened the Dangote Cement Plant located in Obajana, Kogi State after it was shut down by the state…
FG, firm to build $1.5bn fertiliser complex
A global provider of phosphate and its derivatives, OCP Africa and the Federal Government are set to build a $1.5bn fertilizer complex…