Online Editor
Dangote Sugar Company invests $700m in Nigeria’s sugar value chain to support FG’s BIP
Charles Abuede As part of efforts to support the Backward Integration Policy (BIP) of the Nigerian federal government, to…
Declining interest income cost GTBank N6.7bn decline in gross earnings during Q1 2021
Bank’s E-business segment stands as the best performer despite CBN’s NIP charges guidelines in Q4’20 Posts 7.8%y/y decline in PBT…
More snubs for Nigeria as Hyundai and Kia plan to set up assembly plants in Ghana by 2022
Wale Ameen Online Editor Automobile giants, Hyundai and Kia are set to establish assembly plants in Ghana by 2022. The…
Egypt secures US$ 114 million financing package for largest solar plant
Funding comes from a consortium of lenders including European Bank for Reconstruction and Development, OPEC Fund for International Development and…
ACCI proposes vital role for private sector in agro-processing zones
Onome Amuge The Abuja Chamber of Commerce and Industry (ACCI) has called on the federal government to ensure the integration…
Price appreciation in banking stocks pushed the local equities market into a marginal bullish close
Investors gain N1.8 billion as analysts anticipate a bullish close this week Charles Abuede With the marginal reign…
UBA posts positive bottom-line performance as PAT grew 27% y/y to N38.2bn in Q1
Charles Abuede United Bank for Africa (UBA) Plc in its recently released unaudited financial results for the first…
MTN subscribers set to enjoy free music streaming as telco partners Audiomack
Wale Ameen Online Editor Mobile subscribers on Nigeria's leading telecommunication brand, MTN Nigeria are set to enjoy free music streaming…
Total investments in Q1 surged 75% to $8.41bn following the return of investors’ confidence globally
Charles Abuede A total of $8.41 billion was recorded as investment announcements in Nigeria during the first three months…
NABDA launches new seed variety to boost maize production
Expected to yield over 8 tonnes per hectare Onome Amuge The National Biotechnology Development Agency (NABDA) has introduced…
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