The Federal Ministry of Industry, Trade and Investment (FMITI) yesterday released a detailed compendium, an extensive outline that captures the Ministry’s ground-breaking achievements over the past three and a half years under the President Muhammadu Buhari administration….
A total of 1,353,580,000 ordinary shares of Skyway Aviation Handling Company Plc (SAHCOL Plc) priced at N4.65k per unit were on Tuesday, April 23, 2019 listed on the main board of the Nigerian Stock Exchange (NSE) by…
Agri and food giant Olam International has submitted a binding offer to fully acquire Nigerian flour and pasta manufacturer Dangote Flour Mills (DFM) for 130 billion naira (S$491.09 million), Olam said on Tuesday (April 23). The proposed…
The Federal Government has announced that it is decentralising the Nigeria Mining Cadastre Office for ease of operations, adding that this will cut down the time for processing licences from 45 to 15 days. The Minister of…
The Nigerian Electricity Regulatory Commission (NERC) is officially introducing sub-franchising of Electricity Distribution Companies‘ (DisCos) operations, in a bid to improve Nigerians’ access to safe and reliable electricity services in the country. According to the franchising consultation paper released by…
In the bid to restructure the Bank of Agriculture (BOA) for efficiency, the Federal Government has moved to divest 60 per cent of its stakes in the bank. The Director General of the Bureau of Public Enterprises…
With over 60 per cent of travelers to Namibia residing in Lagos and surrounding states, High Commission of Namibia in partnership with Air Namibia has opened a visa processing desk in Lagos. The visa processing office located…
According to the INDEPENDENT, Sinoria FABCOM, a Chinese building materials and structural engineering firm, has announced plans to open a fibre cement board manufacturing factory in Abuja. The managing director of the Chinese building materials and structural…
The Board of Directors of the Agriculture Fast Track Fund (AFT) of the African Development Bank (AfDB) have approved $23 million grants to support agribusiness small-and-medium- sized enterprises (SMEs) in Nigeria and seven other African countries. In…
Production of local rice in the country has received a major boost as Popular Farms and Mills Limited, a subsidiary of the Stallion Group has inaugurated a multi-billion-naira rice mill expansion of 140,000 metric tonnes (MTs) per…
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