Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2017

Labour excited with Dangote’s feats in investment, employment, youth empowerment

The organized labour in Nigeria has commended Alhaji Aliko Dangote, President and the Chief Executive of Dangote Group for promoting investments and creating thousands of direct and indirect youth employments across the country and in Africa. The labour said Dangote’s…

Industry

Minister indicts self, says 40% of farm products waste due to no storage infrastructure

The Minister of Agriculture and Rural Development, Audu Ogbeh, has revealed that the country wastes about 40 per cent of its food harvest due to lack of storage facilities, an infrastructure usually provided by governments in agricultural economies. Speaking during…

Recession receding as manufacturing sector expands for 3rd consecutive month

Fresh data from the Central Bank of Nigeria (CBN), has shown that the manufacturing sector if the economy witnessed expansion for the third consecutive month. Statistics from the Purchasing Managers’ Index (PMI) which measures the size of the nation’s manufacturing…

How financial services sector drove market activities last week of June

Activities at the Nigerian Stock Exchange (NSE) last week saw financial services Industry (measured by volume) led the activity chart with 899.307 million shares valued at N6.779 billion traded in 7,977 deals; thus contributing 76.78%. Besides, trading lasted for only…