The Management of Dangote Industries Limited (DIL) has debunked allegations that it engaged in illegal foreign…
Category: Business/Economy
Customs impound containers bearing ammunition, cannabis, other items in Rivers
The Rivers State sector of Nigeria Customs Service (NCS) has announced impounding nine containers bearing ammunition,…
BUA tackles Dangote, alleges attempt to ruin its sugar businesses
The Chairman of BUA Group, Abdul Samad Rabiu, has accused Africa’s richest man and chairman of…
26.5m Nigerians to face food crisis in 2024, FAO predicts
The Food and Agriculture Organisation (FAO) announced on Friday that no fewer than 26.5 million Nigerians…
Nigeria’s capital market ends week on positive note, ASI records 0.22% increase
Trading activities in the Nigerian Capital Market closed positive on Friday as the All-Share-Index of the…
NAFDAC warns against consumption of G Fuel energy drinks
The National Agency for Food and Drugs Administration and Control (NAFDAC) has warned Nigerians against the…
Naira recovers further amid FX backlog clearance
The recent recovery recorded by the Naira against the dollar continued on Thursday as the Nigerian…
Reps ‘kill’ N5bn presidential yacht request, move allocation to students’ loan
The House of Representatives, on Thursday, re-allocated the N5 billion that had previously been designated for…
Navy thwarts theft of petrol from vandalized NNPC pipeline
The Nigerian Navy Ship (NNS) BEECROFT has discovered and halted the siphoning of petrol from one…
Investors lose N296.3bn as Nigeria’s capital market bullish run end
The All-Share Index at the Nigerian equities market declined by 539.48 basis points to close at…