NewsDirect

NewsDirect

NCDMB inaugurates 2nd batch of Project 100 companies

The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday inaugurated 40 companies as part of its Project 100 Supplier Development Programme. The Board started Project 100 in January 2019 with 60 companies with the goal of nurturing 100  wholly…

Unilever Nigeria dumps tea business

By Kayode Tokede Unilever Nigeria plc has announced plans to separate its tea business into a separate legal entity. The General Counsel WA & Company Secretary, Unilever Nigeria , Mrs. Abidemi Ademola in a statement on the Nigerian Stock Exchange…

Investors lose N65.83bn amid renewed sell pressure

By Kayode Tokede The Nigerian Stock Exchange (NSE) eqities market retreated on Thursday, reversing two days positive sentiment with a loss of N65.83 billion following profit taking on banking and consumer goods stocks. Consequently, the market capitalisation shed N65 billion…