Category: BUSINESS

Legacy detergent, Omo is shot down. The maker, Unilever says its inflow is down by 35% and writedowns have doubled from 1.49 to over 3.7 billion naira – a 60% hit.When I see big entities like Unilever stumble, my immediate Read more…

Prof. Abdullahi Mustapha, the Director General (D-G), National Biotechnology Development Agency (NABDA), says Nigeria can end its reliance on importation of bioethanol with local production. Mustapha said this during an interview with newsmen in Abuja on Thursday, after making his Read more…

By Suleiman Abdulrasheed Dangote Sugar Refinery Plc has won an award in food fortification, following its ranking as the leading company with significant strides in institutionalising large-scale best practices. The company made this known in a statement signed by Mr Read more…

The Nigeria Extractive Industries Transparency Initiative (NEITI) says over 2,000 companies operating in Nigeria’s solid minerals industries are indebted to the federation accounts to tune of N2.76 billion. The organisation disclosed this on Sunday, March 13, in Abuja in a Read more…

The minister of Transportation, Rotimi Amaechi, has been told that about 5,000 inhabitants of a nearby village will have to be relocated to provide more land for the Port. The managing director of China Communication Construction, the company handling the Read more…

By Bernard Dekekuma President Muhammadu Buhari Tuesday in Abuja endorsed the establishment of the Nigerian Diaspora Investment Trust Fund (NDITF), a private sector investment window with Nigerians in the Diaspora to support direct investments in the country. According to a Read more…

As part of its corporate social responsibility initiatives, Linkage Assurance Plc has donated uniform kits to Lagos Metropolitan Area Transport Authority (LAMATA) for the use of its highway managers working on the Declared Roads Networks across Lagos State. At the Read more…

The Federal Government will continue to support Nigerian exporters through its various agencies bringing about necessary reforms to boost the growth of the country’s non-oil exports, according to Vice President Yemi Osinbajo, SAN. Osinbajo also urged exporters to take advantage Read more…

In spite of difficult and challenging business environment, a leading insurance firm, Linkage Assurance Plc, reputed for exceptional service delivery and prompt settlement of claims, has paid out N2.45 million in claims to its customers between January and August this Read more…

The Buhari Administration on Tuesday, August 24, 2021 inaugurated an Ultra-modern Digital Leather Industrial Hub at Osile village, Oyi local government area of Anambra state. Located at Ogbunike by Nkwelle Ezunaka Junction, the hub is a fulfillment of the administration’s Read more…

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