All posts tagged "featured"

• 
  Dangote opens tomato factory to vie with Chinese imports

  The Dangote Group, owned by Africa’s richest man, Aliko Dangote, has opened a tomato-processing factory near Nigeria’s northern city of Kano aimed at vying for the local market with imports from China. “We have fully started operations...

  • Posted March 17, 2016
  • 0
• 
  CBN offers N3m credit incentive to boost youth entrepreneurship

  The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Tuesday launched the Youth Innovative Entrepreneurship Development Programme (YIED-P), an initiative designed to unlock the ingenuity and resourcefulness of youths to drive the economy....

  • Posted March 17, 2016
  • 1
• 
  Inflation spirals to 11.4% on higher food prices, imported goods

  Despite the federal government’s refusal to devalue the naira, the Consumer Price Index (CPI), which measures inflation, rose significantly to 11.4 per cent in February compared to 9.6 per cent the previous month, the National Bureau of...

  • Posted March 17, 2016
  • 0
• 
  Senate to probe non-remittance of N3.3tn by NNPC, other MDAs

  The Senate on Tuesday said it would probe the audit report from the Office of the Auditor-General of the Federation which revealed that the Nigerian National Petroleum Corporation (NNPC) and other government agencies failed to remit N3.3 trillion...

  • Posted March 17, 2016
  • 0
• 
  7-UP, Honeywell, Sterling Bank lead N46bn market loss

  The 7-UP Bottling Company Plc, Honeywell Flour Mill Plc and Sterling bank Plc topped the losers’ table at the close of trading on the floor of the Nigerian Stock Exchange on Monday. The NSE market capitalisation dropped...

  • Posted March 16, 2016
  • 0
• 
  UBA records N60bn profit in 2015

  United Bank for Africa Plc, in its audited full year results for the year ended December 31, 2015, released to the Nigerian Stock Exchange on Monday, recorded a 25 per cent growth in its profit after tax...

  • Posted March 16, 2016
  • 0
• 
  FG to establish technology development bank

  The Federal Government is in the process of establishing a science and technology development bank, the Minister of Science and Technology, Dr. Ogbonnaya Onu, has said. Onu said this when he received the National Association of Motor...

  • Posted March 16, 2016
  • 0
• 
  Crude oil slips to below $40 as Iran dashes hopes of output freeze

  Despite the pledge by Saudi Arabia to cooperate with other members of the Organisation of Petroleum Exporting Countries (OPEC) to stabilise the oil market, the price of crude oil fell by almost three per cent yesterday after...

  • Posted March 16, 2016
  • 0
• 
  Buhari lobbies National Assembly on passage of 2016 Budget

  President Muhammadu Buhari has intensified efforts to get the 2016 budget passed into law without further hitches and delay by the National Assembly. THISDAY checks monday revealed that Buhari, in a bid to ensure that all impediments...

  • Posted March 16, 2016
  • 0
• 
  Nigeria to become exporter of refined fuel – Kachikwu

  The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has said that Nigeria will begin to export refined petrol and other petrochemical products within the next four years if plans to ramp up the country’s domestic...

  • Posted March 16, 2016
  • 0