Business

Dangote: Our target is to top global fertilizer production by 2028

The Chairman of Dangote Group, Alhaji Aliko Dangote, has disclosed that the group will become the world’s largest producer of fertilizer by 2028. Dangote said this while speaking at the…

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NGX rebounds as investors gain N111bn

Trading on the Nigerian Exchange bounced back to a bullish position on Thursday as investors booked a combined gain of N111 billion after Wednesday’s decline. The recovery was supported by…

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AfDB approves $500m loan for Nigeria’s econ, energy transition reforms

The Board of Directors of the African Development Bank (AfDB) Group has approved a 500 million dollars loan to Nigeria. The loan is to enable the Federal Government to finance…

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Customs explains Seme border operations

The Seme Area Command of Nigeria Customs Service (NCS) has disassociated itself from an online publication making unfounded claims about the conduct of officers along the Seme corridor. The spokesman…

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NRC MD Opeifa assures traders of fairness in Iddo station facelift

The Nigerian Railway Corporation (NRC) says no legitimate trader will lose out as a result of the planned facelift of the Iddo Train Station by the corporation’s management. The Managing…

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AfDB postpones 2025 Africa Economic Conference

The African Development Bank Group (AfDB) has announced the postponement of the 2025 African Economic Conference (AEC), earlier scheduled to hold from December 7 to 8. The AfDB in a…

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Lagos N200b bond oversubscribed by 55% at N310bn

,..,..N14.8b Green Bond attracts N29.29bn or 97.7% over subscription Lagos State has made history, with the conclusion of the bookbuild for its landmark Bond Issuance that has recorded an overwhelming…

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PenOP: PPP offers greater flexibility in contributions, withdrawals

The acting Chief Executive Officer (CEO) of the Pension Fund Operators Association of Nigeria (PenOP), Ms Anthonia Ifeanyi-Okoro, says the Personal Pension Plan (PPP) offers greater flexibility in contributions and…

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AIHN: CBN’s interest rate hikes boost fixed-income market demand

President, Association of Issuing Houses of Nigeria (AIHN), Mrs Kemi Awodein, says the Central Bank of Nigeria’s aggressive interest rate hikes helped stabilise investor confidence and channel more funds into…

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NCP moves to regularise sale of power plant to Transcorp

The National Council on Privatisation (NCP), on Thursday approved the request by the Bureau of Public Enterprise (BPE) to follow through on the engagement with Transcorp Power Consortium. This is…

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