Nestle Nigeria said it generated N203.1 billion in the third quarter of 2019. This shows an increase of 4.0 per cent when…
Industry
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Vice President Yemi Osinbajo has said that by linking ports to rail lines and now, building the rolling stock locally, import and…
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BusinessIndustryNews
BUA’s Obu Cement, CCNN set to merge as BUA Group consolidates entire Cement business
In its bid to deepen the Nigerian capital market and enhance the growth of the cement industry, BUA Group, one of Africa’s…
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The purchasing manager index, a survey conducted by the Central Bank of Nigeria Statistics Department has indicated that production level, new orders,…
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MAN’s power generation technology achieves an important milestone with the first MGT gas turbine heat and power systems to be installed in…
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African Export Import Bank (AFREXIM) says it has created trade financing programmes to facilitate the implementation of the African Continental Free Trade…
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GE Power and Indorama Eleme Petrochemicals Limited said that they have successfully executed GE’s 6B Performance Improvement Package (PIP) upgrade on the…
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The World Economic Forum said that the Government of Ghana has formally joined the Global Plastic Action Partnership thus becoming the first…
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BusinessEconomyIndustryNews
FG to build industrial clusters in 9 Niger Delta states, targets 2000 jobs —Akpabio
Minister of Niger Delta Affairs, Godswill Akpabio, says the Federal Government is planning to build industrial clusters in nine states of the…
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Lafarge Africa Plc on Wednesday announced the resignation of its Chief Finance Officer, Mr Bruno Bayet. The company stated this in a…
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The African Export-Import Bank (Afreximbank) said in Lagos that it will allocate $500 million from its Nigeria-Africa Trade and Investment Promotion Programme…
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Nigeria is using a system of tax credits to encourage private companies to share the cost of infrastructure projects as part of…
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Nigerian Breweries (NB) and CrossBoundary Energy have signed Heineken’s first solar project in Africa, the first of its kind for Nigeria. It…
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Central Bank of Nigeria has imposed restriction on access to foreign exchange on all textile material coming into Nigeria. CBN Governor Mr.…
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The Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dr Dikko Umaru-Radda, said on Saturday that Micro Small and…