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Industry

Dangote to end importation of coal used for cement production in March 2017

Aliko Dangote

Logistics are getting set by leading cement manufacturers, Dangote Cement Industries to begin the mining and sourcing of coal for its cement production within Nigeria in March next year. Before ...

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NSCCIMA looking for international market to sell Nsukka-Pepper

Audu Ogbeh

More jobs still need to be done by the federal government in its plan to deepen the exportation drive for local agricultural products as the Nsukka Chamber of Commerce, Industry, ...

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Fire guts N450m goods at Erisco foods parking store

erisco-foods

It was a case of double tragedy for indigenous manufacturer, Erisco Foods, makers of Tomato paste as goods worth about N450 million were destroyed in an inferno Tuesday in its ...

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Union Bank, Ria Money Transfer to offer remittance pay-out services

union bank

As part of new efforts to grow financial inclusion, Union Bank, has partnered with Ria Money Transfer (“Ria”), one of the largest money transfer companies in the world, to offer ...

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Until FG creates a single digit interest window, MAN can’t do much— Adegbite

Muda Yusuf, LCCI boss

Despite the recent claims by the Central Bank of Nigeria (CBN) that it has disbursed about $660m to the members of Manufacturers Association of Nigeria (MAN), indications are rife that ...

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Expect more delisting from NSE as economy worsens

nse-oscar

Analyst of stocks and market deals have raised that if nothing drastic is done fast, time shall come when the trading floor of the Nigerian Stock Exchange (NSE) may be ...

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FG, Vietnam concluding deal to increased rice exportation to Nigeria

rice-warehouse

In what may be described as a smart way of running away from countries with some trending matters on the originality of their rice production, the federal government is about ...

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MAN lost N500bn to CBN’s policy on flexible exchange mechanism—Odunayo

man logo

Chairman of the Manufacturers Association of Nigeria (MAN), Apapa Branch, Mr. Babatunde Odunayo, has disclosed that manufacturers lost not less than N500bn to the Central Bank of Nigeria’s (CBN) flexible ...

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‘NPA recruiting so that old staff can transfer skills before retirement’

NPA Usman

Fresh facts have emerged that the ongoing recruitment of fresh hands into the service of the Nigerian Ports Authority (NPA) without first of all sacking the aging workers was one ...

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AshakaCem plans pullout from Stock Exchange

Ashaka Cem

There are signals that the Board of Directors of AshakaCem Plc has passed a resolution to propose to the shareholders of the company, a voluntary delisting of the company on ...

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