Ghana mining industry makes $4b in 2015
The managing director of Ghana Minerals Commission, Dr. Toni Aubynn has said that upon the fall in production and drop in the price of gold, the mining sector contributed some $4 billion to Ghana’s economy in 2015. He added that…
Stop illegal arrest of cleared containers, NAGAFF founder tells Police
Leading maritime activist and founder of National Association of Government Approved Freight Forwarders (NAGAFF), Dr Boniface Aniebonam has called on the Port Police Command to limit the rising cases of illegal confiscation of cleared containers along the port access roads….
Erisco Foods shames FG, relocates to China for ease of doing business
Barley six months after the wife of the President, Mrs. Aisha Buhari came down to Lagos to represent, husband President Muhammadu Buhari in the commissioning of the multi billion dollar indigenous tomato paste plant by Erisco Foods Limited, the group…
Intels performance, investments excite NPA MD
The Managing Director of Nigeria Ports Authority (NPA), Ms. Hadiza Bala Usman has expressed happiness on the volume and standard of investments and business development at the Onne Free Zone by Intels Nigeria Limited. Usman visited Onne Port Terminal on…
Over 100m adults live below poverty line in Nigeria—-Dangote
The President of Dangote Group, Alhaji Aliko Dangote, has decried the galloping number of Nigerians joining poverty bracket on a daily basis. In his lead paper presented at the Executive Course No. 38, 2016 of the National Institute for Policy…
Ikpeazu dreams 10,000 hectares for oil palm plantation by 2018
As part of new moves to drive diversification of the state economy, the Abia State Government has embarked on oil palm revolution that will make the state highest exporter of palm produce. The State Commissioner of Agriculture, Uzo Azubuike in…
Dangote Cement hits N442b in Q3 as profit weakens on forex hiccups
Key driver of backward integration in cement supply chain, Dangote Cement Plc has declared increased revenue of N442.09 billion in the last nine months, the company’s financial report released yesterday at the Nigerian Stock Exchange indicated. The revenue in the…
Unilever hits profit after tax of N49.87bn in Q3 results
Resilient Unilever Nigeria Plc has released its quarter 3 results, saying the financial for the period ended 30th September 2016 shows continued growth and hardwork. The company recorded turnover and profit after tax of N49.87 billion and N1.56 billion respectively…
Guinness ups first quarter revenue by 6%, LAT grows to N2.2bn
Guinness Nigeria Plc weekend announced a revenue increase of 6 per cent for the first quarter of its financial year ended September 30, 2016. The company said the increase was driven in part by contributions from its new mainstream and international…
Dangote seeks NIPSS role on economic diversification
President of Dangote Group, Aliko Dangote has challenged graduates of the National Institute of Policy and Strategic Studies (NIPSS), Kuru near Jos to think out ways of contributing meaningfully to the present efforts to diversify the economy. He explained to…
