News - Page 336

Africa

Edo Refinery, Dufil Prima Foods, Don Mac Limited Secure NIPC Incentives To Deepen Investment Of Over N205bn In Edo State

The Nigerian Investment Promotion Commission (NIPC) has granted pioneer status incentives to key manufacturers, including Edo Refinery, Dufil Prima Foods, and Don Mac Limited. These incentives are expected to deepen investments worth

Emmanuel Ochayi

May 28, 2024

Business·News·Oil & Gas

Nigeria’s Oil GDP Growth Slows To 5.7% In Q1 2024

Nigeria, Africa’s largest oil producer, faces a significant challenge as its oil Gross Domestic Product (GDP) growth slows to 5.7 percent in the first quarter of 2024. The country, which relies heavily

Emmanuel Ochayi

May 28, 2024

Nigerian Equities Surge To Global Top 3, As Returns Hit N8.7trn

Business·Markets·News

NGX Reports Sharp Decline In Equity Market Transactions For April 2024

The Nigerian Exchange Limited (NGX) has announced a drop in total domestic and foreign portfolio transactions in Nigeria’s equity market for April 2024. The total transactions amounted to N346.23 billion, a decrease

Emmanuel Ochayi

May 28, 2024

Dangote Refinery To Begin Crude Oil Production By End Of 2024, Seeks Local Oil Supply Solutions

Business·Markets·News

Dangote Refinery To List On Nigerian Stock Exchange, Eyes 500,000-barrel Production Capacity July

In a major development for Nigeria’s economy, the Dangote Refinery, valued at $20 billion, is set to be listed on the Nigerian Stock Exchange by December 2024. Aliko Dangote, Chairman of the

Emmanuel Ochayi

May 28, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Markets·News

Naira Appreciates To N1,3339/$1 At Official Market As CBN Addresses Market Volatility

The Nigerian naira appreciated significantly on Monday, closing at 1,339.33 per dollar in the official window. This marks a 9.68% increase from Friday’s rate of 1,482.81 per dollar. According to data from

Emmanuel Ochayi

May 28, 2024

News·Politics

Obi Congratulates Nigerian-British Woman, Katung, Who Emerged As First African Lord Mayor Of Leeds

Peter Obi has congratulated Nigerian-born British Politician, Mrs Abigail Marshall Katung, who emerged as the first African Lord Mayor of Leeds in the United Kingdom.

Victor Ezeja

May 27, 2024

Enugu Guber: Edoga Demands Cancellation Of Nkanu East Results Over Irregularities

News

Enugu Demolitions: Edeoga Calls For Compensation, Relocation Of Affected Persons

Chijioke Edeoga, has condemned the recent demolition of structures in parts of the state by the Peter Mbah-led administration.

Jacinta Chisom Oguadinma

May 27, 2024

Nigeria, Saudi Arabia Set To Resume Cargo Flight Operations - Keyamo

Business·News·Travel

Nigeria, Saudi Arabia To Resume Cargo Flight Operations – Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed that plans to resume cargo flight operations between Nigeria and Saudi Arabia have been concluded.

Victor Ezeja

May 27, 2024

Business·News·Oil & Gas

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

The Dangote Refinery, Africa’s largest, is set to commence the export of diesel meeting European standards in June, alongside the introduction of gasoline into the Nigerian market. This development was confirmed by

Emmanuel Ochayi

May 27, 2024

Minimum Wage Debate: NECA Warns Of Business Collapse Over N400,000 Demand

Business·News

Minimum Wage Debate: NECA Warns Labour Union Of Business Collapse Over N400,000 Demand

The Director-General of the Nigeria Employers’ Consultative Association (NECA), Mr. Adewale-Smatt Oyerinde, has called on organized labour to reconsider their demand for a N400,000 minimum wage, cautioning that it could lead to

Emmanuel Ochayi

May 27, 2024

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News - Page 336

Edo Refinery, Dufil Prima Foods, Don Mac Limited Secure NIPC Incentives To Deepen Investment Of Over N205bn In Edo State

Nigeria’s Oil GDP Growth Slows To 5.7% In Q1 2024

NGX Reports Sharp Decline In Equity Market Transactions For April 2024

Dangote Refinery To List On Nigerian Stock Exchange, Eyes 500,000-barrel Production Capacity July

Naira Appreciates To N1,3339/$1 At Official Market As CBN Addresses Market Volatility

Obi Congratulates Nigerian-British Woman, Katung, Who Emerged As First African Lord Mayor Of Leeds

Enugu Demolitions: Edeoga Calls For Compensation, Relocation Of Affected Persons

Nigeria, Saudi Arabia To Resume Cargo Flight Operations – Keyamo

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

Minimum Wage Debate: NECA Warns Labour Union Of Business Collapse Over N400,000 Demand

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