Louis Dreyfus Company has agreed to sell its African fertilizer business to Helios Investment Partners, sealing the first of a series of divestments planned by Louis Dreyfus as it responds to a tough cycle for agricultural commodity…
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The Kaduna State government and Hebei Province of China have signed a bilateral agreement for the establishment of solar power plants, agro allied industries as well as steel and cement manufacturing factories across the state, Channels TV…
The Nigeria Incentive Based Risk Sharing for Agricultural Lending (NIRSAL) and the Katsina State government have launched a landmark agricultural mechanisation financing programme in which the former is to provide 75 per cent bank guarantees for N1.6…
The shares of Transnational Corporation of Nigeria (Transcorp) Plc led the price gainers yesterday as investors reacted to the improved results announced for the half year ended June 30, 2017. The shares rose 8.1 per cent to…
The Federal Government has approved a loan facility of N3.38 billion for Plateau Government to boost the production of Irish potatoes in the state, the Minister of Finance, Mrs Kemi Adeosun, has disclosed. Adeosun made this known…
As part of efforts to expand the nation’s refining capacity, the federal government has licensed 10 more modular refineries, making it 32 so far licensed. As at end of first quarter of last year, 22 modular refineries…
The Federal Ministry of Mines and Steel Development says it would invest N2.5 billion in development finance institutions (DFIs) as a pilot project to support small-scale miners to transit into more established miners. The Minister, Kayode Fayemi,…
The Executive Director and Chief Executive Officer, Nigeria Export Promotion Council (NEPC), Chief Olusegun Awolowo, yesterday in Kano said the Council has requested about N5 billion from the Federal Government as pre-shipment incentives for exporters in the…
Acting President Yemi Osinbajo will on Thursday, July 27, 2017 inaugurate the world-class fertilizer plant built by Indorama Eleme Fertilizer and Chemicals Limited, in Port Harcourt, Rivers State, a programme obtained by the News Agency of Nigeria…
As part of efforts to grow stronger economic ties between Nigeria and Indonesia, six companies signed business agreements on Monday, during an Indonesia-Nigeria Business Forum in Lagos. The agreements were signed between PT Kareem International with Asanita…
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