Business
How Dangote Sugar’s 2020 Revenue Jumped 33% To $522m In a Pandemic Year
Temitayo Peters, Analyst at ARM Securities, spoke to the Global Business Report about Dangote Sugar’s 2020 earnings. He reviewed the revenue drivers behind the company’s 33% rise in 2020, he
NSIA signs $1.4bn deal with Moroccan investors on Ammonia and Diammonium Phosphate
By Emma Ujah The Nigeria Sovereign Investment Authority (NSIA) has signed an agreement with OCP of Morocco, for the development of a $1.4 billion plant to produce Ammonia and Diammonium
CBN, NSIA set to diversify economy with commodity exchange
By Peter Egwuatu The Central Bank of Nigeria, CBN, and Nigeria Sovereign Investment Authority, NSIA plan to invest N50 billion into the comatose Nigeria Commodity Exchange, NCX, is part of
CBN, NSIA set to diversify economy with comodity exchange
By Peter Egwuatu The Central Bank of Nigeria, CBN, and Nigeria Sovereign Investment Authority, NSIA plan to invest N50 billion into the comatose Nigeria Commodity Exchange, NCX, is part of
Boeing Cites Fire Risks in Design of Newest Airbus Jet
Boeing Co has raised concerns over the design of arch-rival Airbus’ newest narrow-body jet, the A321XLR, saying a novel type of fuel tank could pose fire risks. The US plane
Nigeria Needs to Boost Food Reserves, Says Central Bank Governor Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Tuesday warned against Nigeria repeating the mistakes of the past by neglecting agriculture. He said the country
E-Payments in Nigeria decline across all channels
Nigerian Flag By Elizabeth Adegbesan THE value of electronic payment (e-Payment) transactions in Nigeria fell month-on-month, MoM, by 10 per cent to N19.9 trillion in January 2021, from N22 trillion
Petrol price hits N170 per litre as scarcity persists
…As Labour mobilises against hoarding, price increase …We have adequate stocks, IPMAN, MOMAN, others By Udeme Akpan, Victor Ahiuma-Young, Obas Esiedesa & Prince Okafor Despite assurances, many oil marketers, yesterday,
CAC insists CAMA will promote business growth
The Corporate Affairs Commission (CAC) has insisted that the Companies and Allied Matters Act (CAMA) 2020 aligns with the interest of business owners and promotes the ease of doing business
N4.2b North-East bridge ready for use soon, says Chinese contractor
A Chinese construction firm, Eighteenth Engineering Company, has said that the first flyover in North-East would be ready for use later in the year. The post N4.2b North-East bridge ready
