Jigawa targets two million tonnes wheat production 2024
Jigawa State Governor, Umar Namadi has announced that his state planned to produce two million tonnes of wheat to help Nigeria achieve food sufficiency.…
Economy
Foreign investment in manufacturing sector falls by 54% – NBS
The latest Capital Importation data from the National Bureau of Statistics shows that foreign investments in Nigeria’s manufacturing sector decreased by $326…
Worst performing African currencies against US dollar in 2023 – Report
African currencies have recently suffered significant losses, particularly against the celebrated US dollar. AMBusiness reported that the depreciation has generated concerns about some…
Transcorp top gainers chart as NGX closes at 78,020.54 points
The NGX has set new records for the fifth day in a row. The market broke beyond the 78,000 barrier on Thursday,…
Top five safest countries to travel in 2024
Iceland has emerged as the safest country to travel to in 2024 in a new report from International SOS— which provides travelers…
Nigeria’s biggest syringe manufacturer shuts down
The Akwa Ibom State-based Jubilee Syringe Manufacturing Company has ceased operations and announced a temporary layoff. According to the company, “unforeseen circumstances…
No plans to increase fuel price – NNPCL
The Nigerian National Petroleum Company Limited (NNPC Ltd) has stated that there would be no increase in the price of Premium Motor…
NGX shareholders gain over N2trn in five days
Alex Omenye In five trading days, from December 27, 2023, to January 3, 2024, the value of stocks listed on the NGX…
Most punctual African airlines in 2023 – Report
Cirium’s yearly assessment of the world’s top global airlines for on-time performance has revealed that South Africa’s Safair and Kenya Airways were…
S’African billionaire dethrones Dangote as Africa’s richest man
Johann Rupert and family have emerged as the richest man in Africa, dislodging Aliko Dangote as the continent’s wealthiest man in a…
2024 may not be positive, Nigerian manufacturers reveal
The Manufacturers Association of Nigeria, has stated that 2024 may not be a good year for the Nigerian manufacturing industry, at least…
AG Mortgage completes first tranche of N2bn fundraising
A major primary mortgage institution licensed by the Central Bank of Nigeria, AG Mortgage Bank PLC, has announced that the first tranche of its…