Dangote Laments Huge Forex for Rice Importation Nigeria consumes 6.5 million tonnes of rice, which costs over $2bn annually, the Chairman, Dangote Rice Limited, Aliko Dangote,...
Lenovo Net Profit Falls 67% Lenovo Group Ltd, the world’s largest personal computer maker, posted a 67 percent slide in third-quarter net profit, according to the...
Power Generation Increases to 4,043MW as Gas Supply Improves The Transmission Company of Nigeria (TCN) has said the nation’s power generation rose from 3,528 megawatts (MW)...
NESP, Others Partner to Promote Energy Efficiency The Nigerian Energy Support Programme, in collaboration with the Manufacturers Association of Nigeria and the Nigerian Association of Chambers...
Budget Will Determine World Bank Loan Size – Udoma The Minister of Budget and National Planning Udo Udoma on Wednesday said the size of the 2017 budget...
Naira Exchanges at Record-low, N510 a Dollar The Nigerian Naira continued to depreciate against the U.S. dollar on the parallel market, despite the claim of a steady...
Independent Marketers May Divest Fuel Retail Assets Propetrol Limited, an indigenous oil and gas company, has said there will be a lot of divestment of assets...
Arik Boss’ Firms Owe us N263.7bn, Says AMCON The Asset Management Corporation of Nigeria on Wednesday said Arik Air and the other firms belonging to its...
Workers Shut CAC Over Poor Welfare Business activities were on Wednesday grounded at the headquarters of the Corporate Affairs Commission in Abuja following a protest by...
Oil Production Now Two Million Barrels Daily – Kachikwu The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, disclosed on Wednesday that crude oil production...