BUA cement has signed an agreement with Wartsila OY of Finland for the construction of a 70 megawatts dual-fuel power plant for the BUA Cement Sokoto Line 4 in Sokoto state, North-West Nigeria. The company recently said that it was…
By Seun Ibiyemi After operating for a little over 15 months and following a growing customer base as well as increasing demand, SIFAX Shipping ICT Limited, a subsidiary of SIFAX Group and operator of the Ijora Inland Container Terminal, Lagos,…
Nigerian lender, Ecobank Group has announced the appointment of Mr Chinedu Ikwudinma as Group Executive and Group Chief Risk Officer. Mr Chinedu Ikwudinma has been, before this appointment, the Group Credit Officer since June 2019 before being elevated to the…
Unity Bank Plc, in company of other banks has facilitated a credit facility of N15.5bn for the acquisition of trucks and equipment to Julius Berger Plc. The group Managing Director and Chief Executive Officer of SCOA Nigeria Plc, Dr Massad…
The NGX starts the new year on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 77 basis points. The NGX ASI closed at 43,046.78 points, to reflect a growth of 0.77% from the…
The Nigerian Exchange (NGX) Ltd has announced the results of its full year market index review to enable investors to follow market movements and manage investment portfolios. This is contained in a statement by the NGX made available to Nigerian…
Narratives of administrative deficiencies have not ceased from the calculus of the patterns of governance character in Nigeria. The clusters of interlocking deficiencies have loudly given the character of public administration in the Country the nomenclature of corruption over time.…
Berger Paints Plc has informed The Exchange, stakeholders, and the general investing public of a change in leadership. According to the notice filed with the Nigerian Exchange and signed by the company’s secretary, Ayokunle Ayoko, the current Managing Director/CEO of…
Akwa Ibom govt bans ‘iron condemnAkwa Ibom State Government has ordered the ban on the activities of metal scrap scavengers also known as ‘iron condemn’ in the state. The Secretary to State Government, Dr Emmanuel Ekuwem, who disclosed this in…
…As politicking for 2023, Omicron, portend dicey possibilities By Moses Adeniyi, Uthman Salami, Seun Ibiyemi, Abimbola Abatta Key indicators giving projection to the expectations from Nigeria’s economy in 2022 have shown that subsidy removal policy, projected rise in inflation, and…
