The Executive Secretary, Petroleum Equalisation Fund (PEF), Alhaji Ahmed Bobboi has said plans are in the pipeline to commence transportation of petroleum products through rail lines to save cost. Bobboi, who said this during an interaction with journalists in Abuja…
The Centre for Dryland Agriculture (CDA), Bayero University Kano (BUK), and the Dantata Foods and Allied Products Company Limited (DFAP) are to collaborate on promoting the generation of carbon among smallholder farmers in Nigeria. The Spokesperson for the company, Mr…
The Niger Delta Power Holding Company (NDPHC) says it has begun the construction of a 1×7.5 Megavolt Ampree (MVA), 33/11 Kilo Volt(KV) injection distribution substation in Orogun, Delta State. Mr Chiedu Ugbo, Managing Director, NDPHC, disclosed this in a statement…
By Kayode Tokede The Securities and Exchange Commission (SEC) says it will stop operations of the Capital Market Operators (CMOs) yet to renew their registration on May 31. The commission disclosed this in a circular signed by the management on…
By Kayode Tokede The Nigerian Exchange Limited (NGX) gained N60 billion as equities market closed transactions on a bullish note on Monday. In summary, the All-Share Index (ASI) increased by 113.99 basis points, representing a growth of 0.29 per cent…
By Kayode Tokede Dangote Sugar Refinery Plc has reported a profit before tax of N11.95 billion for the first quarter ended March 31, 2021. The profit before tax was higher by 25.79 per cent when compared with N9.5 billion posted…
The subject of Nigeria’s unity perceptually falls within the category of nebulous subjects encumbered with contending perspectives. The perusal of the possibilities of the unity of the Country has thus become a subject of divergent views which brings the course…
As businesses and institutions adjust to the new ‘normal’, corporate entities have continued to seek innovative and capital effective ways to source funding to finance their institutional needs. In keeping to its commitment of providing a reliable and credible platform…
By Kayode Tokede Cadbury Nigeria Plc has reported profit decline of 62 per cent to N241 million in the first quarter. That follows a huge drop of 73 per cent in pre-tax profit in 2020. Tax credit had enabled the…
…Doles out over N8m seed fund to all winning start-ups Wema Bank’s Hackaholics 2.0, an acceleration program aimed at helping startups scale and gain entrance into the market, came to an exciting end as the finalists were unveiled on Wednesday,…
