Dangote Refinery Pledges Uninterrupted Fuel Supply, Cites Tariff Policy as Boost to Local Industry
The Refinery currently produces over 45 million liters of PMS and 25 million liters of diesel daily.
Suggestions
Media Advisory – February 22 Digital Press briefing with Deputy Assistant Secretary of State, Akunna Cook and Prosper Africa Acting Chief Operating Officer, Leslie Marbury
JOHANNESBURG, South Africa, February 18, 2022, -/African Media Agency (AMA)/- EVENT: Please join us on Tuesday, February 22, 2022, for a digital press briefing on the growing economic and commercial ties between the United States and the African continent. Deputy Assistant Secretary of State Akunna
Sugar Council Debunks Report Of Sugar Sales Suspension
Executive Secretary of the National Sugar Development Council (NSDC), Mr Zacch Adedeji has denounced reports of suspension of the production and selling of sugar products in Nigeria.
BUA Foods’ Sugar Factory To Process 10,000 Tonnes Of Cane Per Day
BUA foods' sugar refinery, LASUCO which worth over $300 million is expected to process 10,000 tonnes of cane per day and an annual capacity of 220,000 metric tonnes, when fully completed.
Bank Loans To Private Sector Rise By N5.1tn, Hit N36.7tn – CBN
The Nigerian banking sector’s credit to the private sector between January and December 2021, rose by N5.1tn or 16.67 per cent, according to data obtained from the Central Bank of Nigeria. Prime Business Africa obtained this from the Money and Credit statistics
Flour Mills Knocks BUA Foods Over Alleged Sugar Sale Suspension
Flour Mills Nigeria Plc has said it did not suspend sale of sugar as stated by BUA Foods, in a publication that circulated in the media in the past few days.
FG Releases 5G Spectrum To NCC For Deployment
Isa Pantami, the minister of communication and digital economy, has formally released the spectrum of the fifth-generation (5G) network to the Nigeria Communications Commission (NCC). Pantami made this known in Abuja while giving a keynote address during the public workshop on national
Dangote Sugar Refutes Allegations Of Creating Artificial Scarcity
Dangote Sugar Refinery Plc has debunked an allegation making round in various media platforms that it has suspended distribution and sale of sugar in order to create artificial scarcity and cause increase in price of the product across the country.
Pension Assets Rise By N1.11tn, Hit N13.42tn
Prime Business Africa has gathered that the pension assets under the Contributory Pension Scheme rose by N1.11tn in 2021. This Newspaper obtained the figure from the National Pension Commission’s report released on Wednesday. PenCom, in its unaudited reports on pension funds industry
Nigeria Recorded 3.4% GDP Growth In 2021 – NBS
Nigeria’s Gross Domestic Product, according to the second-quarter GDP report released on Thursday by the National Bureau of Statistics, grew by 3.98 per cent in the fourth quarter of 2021. Prime Business Africa can report that this is the strongest growth since
Oracle Red Bull Racing Trades Up to the Next Level as Bybit Joins the Charge
Cutting-edge cryptocurrency exchange Bybit joins the charge as Principal Team Partner. Multi-year agreement installs Bybit as the Team’s top tier ally behind Title Partner Oracle. This deal marks the largest per annum deal of crypto’s foray into sports to date. Collaboration includes
Featured Stories
Whatsapp Channel
Latest News
Investors Reposition As US-China Trade Deal Nears Completion
Japan's Nikkei 225 has surged beyond 50,000 for the first
‘With No More Fed Cuts This Year, US Risks Stagflation’
The decision came amid a sharp split inside the Fed:
INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi
Leadership in investment immigration goes beyond market share or brand
Silver Slides as Investors Lock in Profits Amid Receding Fears
The pullback comes as broader risk appetite improved, fueled by
Follow Us