Category: Business
Equities Market Reverses Gain as Bearish Trend Perseveres
The equities market for the week ended Friday July 6, 2018 on a negative note as the bears reversed gains recorded in the previous week by 1.71 percent to close at...
Dangote Fertiliser Plant to Begin Production this Year
The Dangote fertiliser plant, which is part of the multi-billion dollar petrochemical complex (located at Lekki Free Trade Zone, Ibeju-Lekki) will begin operations...
Trademark: Golden Guinea drags Pabod Breweries to court
Golden Guinea Breweries, Umuahia in Abia State has dragged Pabod Breweries Limited, to a Federal High Court in Port Harcourt in Rivers State over an alleged infringement...
NSE Places Embargo on Shares of 8 Companies
The Nigerian Stock Exchange (NSE) on Friday placed the shares of eight quoted companies on suspension for various market infractions. This means that trading on the...
AfDB convenes Africa energy market place, to discuss new pipeline of investment in Africa
Public, private and civil society stakeholders, including government agencies, development partners and investors in the energy sector began a two-day workshop today to...
Dangote’s new oil refinery to account for half of group assets
An oil refinery being built by Aliko Dangote will account for half of his conglomerate’s assets when it is finished next year, a senior executive told Reuters,...
AfDB, African countries to bridge continent’s investment gaps
The African Development Bank (AfDB) is billed to embark on a road-show in Abuja, to mobilise key stakeholders towards putting together a pipeline of bankable projects,...
Macron Endorses Ecobank’s commitment to creative industries
France President, Emmanuel Macron, was fulsome of praise at Africa’s culture and its creative industries on display during his visit to Lagos on Tuesday. The Event,...
NNPC targets 1bn barrels of crude oil reserves yearly
Dr Maikanti Baru, the Group Managing Director of Nigerian National Petroleum Corporation (NNPC) said the corporation would increase the country’s crude oil reserves by...
Kano Customs nets N8bn in 6 months
Area Command of the Nigeria Customs service, NCS, yesterday, declared it had generated over N8,070,570,235.37 revenue, higher than the projected target of...
