NGX: Market capitalisation drops by N58bn
The equities market closed in a downward trend on Tuesday as market capitalisation decreased by N58 billion, following losses recorded by large and medium capitalised stocks.The overall market capitalisation which lost…
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NGX ASI drops by 0.01% due to sell-off
The equities on Monday extended it losing streak with the All Share Index(ASI) dropping by 0.01 per cent as sustained sell-off was witnessed on most insurance companies. They include Nigeria Insurance,…
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Exhibitors hail Kaduna Int’l Trade Fair as huge success
….but pre-event publicity inadequate Exhibitors at the just concluded 43rd edition of the Kaduna International Trade Fair on Sunday described the trade fair as a “huge success.” The exhibitors who commended…
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2021: Dangote increases sugar production
…..by 9.2% to 811,962 tonnes For the full year ended December 31, 3021, the Management of Dangote Sugar has revealed that the group’s production volume increased by 9.2 percent to…
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NNPC assures of supplies as team visits depots for compliance with operations directive
The Nigerian National Petroleum Company (NNPC) Ltd. has expressed satisfaction with the level of compliance by petroleum products depots with the directive to extend hours of operation, to end the…
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TCN upgrades Egbin Transmission Substation
The Transmission Company of Nigeria (TCN) says it has upgraded its Egbin 330/132/33 Kilo Volt (kV) Transmission Substation in Lagos State, with installation of a 60 Mega Volt Ampere (MVA)…
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Dangote Cement Wins Best Quality Brand Award in West Africa
For the umpteenth time, leading cement brand, the Dangote Cement has won the coveted West Africa’s Best Quality Cement Brand of the Decade award. The foremost cement manufacturer in Africa…
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AfricaNXT: Benefits await firms, digitally-inclined Nigerians in 5G
Strong indications have emerged that businesses and corporations in Nigeria are warming up to leverage the high-speed, capacity and low latency features of the forthcoming Fifth Generation (5G) network rollout…
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NPA designates Lilypond Terminal as non-oil export processing facility
The Nigerian Ports Authority (NPA) on Thursday affirmed the designation of the Lilypond Container Terminal in Ijora, Lagos as a specialised processing and handling facility for the exportation of the…
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Dangote Cement sustains tax charge of N173.93bn for 2021
Dangote Cement Plc has sustained its position as a leading contributor to Nigeria’s economy with a tax charge of N173.93 billion for the financial year ended 31st December 2021. According…
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