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Economy
1059 posts
CBN, market dealers introduce overnight financing rate benchmark
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association…
Nigerian Breweries set on profitability trajectory as Net Profit rises 168%
By Stanley Onyeka, Lagos Nigerian Breweries has assured all stakeholders that the company is now firmly set on…
NGX extends trading window from 9am to 4pm
By Stanley Onyeka, Lagos The Nigerian Exchange Limited (NGX), Friday, announced the expansion of its trading hours from…
FirstBank, Ekiti State launch Innovation Enterprise Support Fund
By Stanley Onyeka, Lagos West Africa’s premier financial institution, FirstBank, has announced its partnership with the Ekiti State…
FCCPC denies banning airtime borrowing, data advance services
By Tochukwu Bliss, Abuja The Federal Competition and Consumer Protection Commission has informed the public that it has…
Dangote Refinery makes Nigeria net petrol exporter
By Izuchukwu Mayor, Lagos Dangote Petroleum Refinery & Petrochemicals said it has recorded a major milestone in Nigeria’s…
Rice farmers lament as increased import cripples sector
Some local farmers have decried the increased importation of foreign rice; a situation they claim is crippling Nigeria’s…
Manufacturers seek policies to boost industry resilience amid global supply disruptions
The Pan-African Manufacturers Association (PAMA) has called for urgent policy measures to strengthen industrial resilience against global supply…
Nigeria produces 1.4 million tonnes of palm oil annually: FG
The federal government says Nigeria produces approximately 1.4 million metric tonnes of palm oil annually, while domestic demand…
FG tasks Dangote on 600,000MT sugar production by 2030
The Federal Government has tasked the Dangote Sugar Refinery (DSR) to reach a production capacity of 600,000 metric tonnes (MT)…