BUA, Turkish firm agree to build plaster manufacturing plant

BUA Group, one of Africa’s leading industrial companies, is set to commence the construction of a 2,000tons/day Plaster of Paris (Gypsum Powder) production plant. This was made known during the signing of an agreement between BUA and MMM Erba Makina of Turkey – one of the world’s leading equipment suppliers for plaster production to supply […]

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Poultry farmers lament bird flu outbreak, encourage improved biosecurity measures

Some poultry farmers in Lagos state are lamenting over the recent bird flu outbreak across the country and have called for improved biosecurity measures in the poultry farms. They lamented the impact of the recent bird flu outbreak in the poultry sector in separate interviews on Monday in Lagos. Mr Emmanuel Iregbeyen, poultry farmer at […]

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Indomie splashes N13.7m on winners of ‘Eat and Win’ promo

Dufil Prima Foods, makers of Nigeria’s leading noodles brand, Indomie Instant Noodles, has presented N13.7 million cash prize to 137 winners of its just concluded ‘Indomitables Eat and Win’ Promo. Besides, it splashed prizes ranging from school bags, lunch boxes as well as caps and T-shirts worth N37 million, on 2,000 other winners. Altogether, it […]

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Glo at 18 rewards customers with free airtime, data

Fifty million customers of digital telecommunications giant, Globacom, will be rewarded wit free airtime and data as the company marks the 18th anniversary of its seamless operations in Nigeria. The company which disclosed this in a statement, said that prepaid customers would receive a gift of N200 airtime, which comprises six minutes of talk time. […]

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Nigeria still Africa’s biggest economy – Report

Nigeria’s GDP now $432bn, South Africa’s $370bn, Nigeria has maintained her position as Africa’s biggest economy, according to a report recently released by South Africa. An analysis of the new report by Statistics South Africa, SSA, of that country’s rebased Gross Domestic Product, GDP, pushed South Africa’s economy up by 11 per cent. After a […]

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Economy gains highest quarterly growth since 2015

Buhari lauds GDP’s 5.01% growth in Q2,2021 Economists dismiss figures as reflection of last year’s deep dive Growth needs to be sustained before 2023 election slows economy down, says Rewane Impact on citizens’ welfare matters most, Yusuf insists Transport growth is first sign of recovering economy’ Expert see more potential in telecom, calls for better […]

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JARA stores moves to open second outlet in Benin

One of Nigeria’s leading discount retail outlets, Jara stores, has concluded plans to open its second retail store in Benin City, at the Ugbowo axis of Benin City, the Edo State capital. A statement by a representative of the stores, Ayo Bademosi, said the opening of the new store is in line with the company’s […]

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FG increases TraderMoni loan portfolio by 400%

To strengthen traders’ capital base, the federal government has increased the TraderMoni loan portfolio from N10,000 to N50,000. This increment translates to 400 per cent. Essentially, the portfolio is for sidelined Nigerians. Besides, government increased the FarmerMoni to N300,000. Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq disclosed these during the […]

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NLNG renews commitment to fulfilling LNG supply contracts with buyers

Nigerian Liquefied Natural Gas (NLNG) Limited has renewed its commitment to fulfilling all LNG supply contracts it has entered into with its buyers across the world. It maintained that it supplies LNG in line with the different Sales and Purchase Agreements (SPAs) with its buyers in compliance with all existing local and international regulations, adding […]

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