Business

Sanwo-Olu advocates economic diversification, non-oil exports

Lagos State Governor, Babajide Sanwo-Olu, has reiterated the call for economic diversification in Nigeria, saying the country should shift from…

4 years ago

Dangote Sugar declares N34bn profit, pays N12.4bn dividend

Dangote Sugar Refinery Plc has declared a turnover of N276 billion for the financial year ended December 31, 2021, translating…

4 years ago

Selloffs: Stock market sheds N183bn

The stock market closed on Wednesday negative as the market capitalisation decreased by N183 billion to N28.451 trillion from N28.634…

4 years ago

OPEC: Nigeria, 6 others drop in crude oil production

The Organisation of the Petroleum Exporting Countries (OPEC) has stated that crude oil production declined in Libya, Nigeria, Iraq, Gabon,…

4 years ago

NERC: Nigerians’ll enjoy improved power supply from July 1

Nigerians will witness improved power supply from July 1 following renewed efforts by industry stakeholders. Chairman, Nigerian Electricity Regulatory Commission…

4 years ago

FEC approves N66.9bn for Taraba road, airports get N23.9bn

The Federal Executive Council (FEC) has approved N66.9 billion for the rehabilitation of Kashimbila-Takum-Chanchangi road in Taraba State. The Council…

4 years ago

Bitcoin falls to fresh 18-month low

Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown…

4 years ago

Nigeria’s inflation rate hits 17.71%

The National Bureau of Statistics (NBS) has said that Nigeria's inflation rate hit 17.71 per cent in May 2022. The…

4 years ago

Dangote Cement records N538.4bn profit, pays N20 per share

Dangote Cement Plc has achieved its highest profit before tax in its history at N538.4 billion. Also, the company recorded…

4 years ago

Sirika woos Nigerians to invest at nation’s airports

Minister of Aviation, Hadi Sirika, has advised relevant stakeholders to invest at various airports across the country. Sirika made the call…

4 years ago

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