Erisco Foods Exits Nigeria, Moves to China A leading indigenous local tomato paste manufacturer, Erisco Foods Limited, has made good its threat of shutting down the...
Oyo Lays Foundation For $2bn Free Trade Zone The Oyo State Government on Tuesday laid the foundation for the establishment of a free trade zone at...
Power Ministry Gets N209bn as Capital Release Details Emerge The Ministry of Power got the highest amount of N209.24bn out of the total N753.6bn capital votes...
NERC Fines Port Harcourt Disco N37.5m The Nigerian Electricity Regulatory Commission has imposed a fine of N37.52m on the Port Harcourt Electricity Distribution Company over its...
Power Firms Blame FG for Under-performance Exactly three years after the privatisation of the nation’s power sector, electricity distribution companies have said the failure of the...
Nigerian Equity Market Gains N11bn on Tuesday The Nigerian Stock Exchange gained N11bn on Tuesday to close at N9.36tn, from Monday’s N9.349tn. The Nigerian All Share Index...
Adeosun, Udoma, DMO Meet as Senate Rejects $30bn Loan Request The ministries of Finance and Budget and National Planning as well as the Debt Management Office...
Naira Extend Gains Against Dollar Across FX Markets The Nigerian Naira extended its gains against the US dollar across the foreign exchange market on Tuesday. The...
Fidelity Bank Posts N110.3b Gross Earnings in Q3 Fidelity Bank Plc has recorded gross earnings of N110.3 billion in its unaudited financial results for nine months...
Nigeria Can Produce N32bn Worth of Tomato Paste Annually The Federal Ministry of Agriculture and Rural Development on Tuesday said that the country has market volume...