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Business

Jigawa governor, Umar Namadi advises politicians and leaders to always reflect on their roles and mandates with the fear of God

Jigawa governor Namadi commissions hibiscus processing plant

Ayorinde Oluokun

2 years ago

Jigawa State Government and Comttraex Nigeria Limited signed a Public-Private Partnership (PPP) agreement on 19th April 2022.
Lagos

Lagos restates commitment to growth of MSMEs

Paul Dada

2 years ago

Commerce, Cooperatives, Trade and Industry (CCTI) Commissioner, Mrs. Folashade Ambrose-Medebem, at the maiden stakeholders’ meeting with Business Membership Organisations (BMOS),…
Despite recording 22.4 percent increase in sale Nestlé Nigeria PLC, has declared N79.5bn Profit After Tax Loss for the 2023 financial year

Nestlé Nigeria declares N79.5bn loss for 2023

Ayorinde Oluokun

2 years ago

He added that while its gross profit totalled N217.2 billion, representing a 39.4 per cent increase from N155.8 billion in…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Naira depreciation creates opportunities for businesses to adapt, says Adeleye

Ayorinde Oluokun

2 years ago

Adeleye explained that like any retail business operating in a continually evolving economic landscape, Retail Supermarkets Nigeria face various challenges,…
Heineken Lokpobiri, the Minister of State for Petroleum Resources raises alarm over the hacking of his account by a fraudster who is now using it to solicit for funds.

No international oil firm left Nigeria – Lokpobiri

Ayorinde Oluokun

2 years ago

Lokpobiri spoke during the inauguration of the ongoing Nigeria International Energy Summit (NIES 2024), at the Presidential Banquet Hall in…
Nigeria will witness economic growth in 2024 - IMPI

Nigeria will witness economic growth in 2024 – IMPI

Kazeem Ugbodaga

2 years ago

The policy group explained that its position is based on a careful study of the latest GDP figure released by…
CBN

Cardoso: CBN investigating manipulation of forex market

Ayorinde Oluokun

2 years ago

Cardoso said that the CBN was moving away from interventions programmes and development finance initiatives like the Anchor Borrowers Programme,…

Siatech Africa CEO Olaniyan honoured with Award for Innovation in Technology

Isa Isawade

2 years ago

According to the institute in a letter dated December 1, 2023, “This award recognizes individuals who have demonstrated exceptional innovation,…
Arosanyin

Food prices rise in January 2024- NBS

Ayorinde Oluokun

2 years ago

On state profile analysis, the report showed that in January 2024,the highest average price of 1kg of boneless beef was…
CBN

My team and I not responsible for Nigeria’s economic woes – Cardoso

Taiwo Okanlawon

2 years ago

Other important indices, such as the Cash Reserves Ratio (CRR) and Liquidity Ratio, stayed constant throughout the time despite these…
CBN

CBN begins sales of Dollars to Bureau De Change

Kazeem Ugbodaga

2 years ago

The apex bank added that the sum of $20,000 is to be sold to each BDC at the rate of…
Cardoso

CBN hikes interest rate to 22.75%

Kazeem Ugbodaga

2 years ago

Cardoso stated that the move was in a bit to tame the stubborn inflation that had not responded much to the…
Investors lose N1.14trn as NGX reacts to MPC decision

Equity market drops N51billion

Kazeem Ugbodaga

2 years ago

A total of 294.32 million shares valued at N6.72 billion were exchanged in 9,957 deals, compared to N291.01 million shares…
The account of Algrain Foods Limited became toxic in the year 2016 and the Trustee appointed Mr. Ade Oyebanji SAN as the Receiver

FCMB investigates fire at Macarthy branch office

Ademola Adegbamigbe

2 years ago

According to a press statement by the bank, “We are grateful to the men of the Nigerian Fire Service for…
Sanwo-Olu urges multi-nationals in U.S. Africa to invest in Lagos

Sanwo-Olu urges multi-nationals in U.S. Africa to invest in Lagos

Kazeem Ugbodaga

2 years ago

Sanwo-Olu said Lagos is open and ready for investments and therefore urged foreign and local investors to see the State…
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