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Naira Dips Further Against Dollar

The naira exchanged at N419.00 to the dollar at the Investors and Exporters window on Friday, a -0.12 per cent depreciation, compared to 418.50...

FG declares Monday, Tuesday as public holidays

The Federal Government has declared Monday, May 2nd and Tuesday, May 3rd as public holidays to mark the Workers Day and Eld-el-Fitr celebrations. A statement...

FCMB Declares 22.7bn Profit,N3.96 Billion Dividend To Shareholders

FCMB Group Plc has announced a profit before tax of N22.7bn compared to N21.9bn the previous year. A statement by the bank says it achieved...

Nigeria tops West Africa’s livestock production-Minister

THE Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, said the livestock subsector accounts for about 2-5 per cent of the National GDP and...

With local bitumen production,cost of road construction will fall- Minister

By Victoria Onehi The Minister of Mines and Steel Development Arch Olamilekan Adegbite, has said that the cost of road construction in the country would...

Lafarge declares N51 Billion Profit After Tax,doubles Dividends to 200 kobo Per Share

Lafarge Africa Plc.has declared Profit After Tax of 51 Billion Naira, a 65.4% growth as against the previous year’s result. The company who disclosed this...

FG set up commitee to tackle high food prices

The Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, Thursday, expressed hope over three steering committees to tackle high food prices in the...

Dangote Refinery Will Reduce Importation Bill By 40% – Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says Dangote Refinery will decrease Nigeria’s import bill on petroleum products and other...

Accugas to supply more gas to First Independent Power Limited in Rivers

By Victoria Onehi Accugas Limited, an indirectly owned subsidiary of Savannah Energy Plc. has signed an addendum to its existing interruptible gas sales agreement (“IGSA”)...

NBS:Nigerians Paid More For Petroleum Products In March

According to reports by the National Bureau of Statistics (NBS), average prices of diesel increased by 129.10 per cent; while Premium Motor Spirit (PMS)...

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