The Chief Executive Officer, Dangote Cement, Michel Puchercos, has said the company is boosting production in its Okpella plant, Nigeria, and progressing to deploy grinding plants in Ghana and Cote d’Ivoire to…
Category: Business
Just In: NNPC remits $2.7bn to CBN in six months
The Nigerian National Petroleum Company Limited remitted a total of N2.7bn into its accounts with the Central Bank of Nigeria from January to June this year, a document on NNPC remittances to…
Report: Wema Bank hits ₦5.3bn profit after tax in first half of 2022
Wema Bank Plc has hit a Profit After Tax (PAT) of N5.3 billion in the first half of 2022. This information is contained in the Financial Results for the Period Ended…
Finally, Naira Crashes To Dollar Again
THE naira has crashed further in the parallel market, trading for N710 against the U.S. dollar on the exchange platform Aboki Forex. Checks by this Newspaper on Wednesday showed the current parallel…
Nigerian bakers reveal new price hikes for bread
Kogi Master Bakers say they would call off their strike Sunday midnight and resume work Monday, July 25 with hike in prices of bread. Chief Gabriel Bamidele-Adeniyi, Chairman, Association of Master Bakers…
Naira falls Massively Against Dollar
Nigeria Naira continue to fall deepper at the black or parallel market to N658 to a $1.00 or 6% devaluation. Bureaux De Change operators (BDCs) who spoke to our correspondent blamed the…
Bread Bakers Begin Strike Action Thursday
Premium Breadmakers Association of Nigeria (PBAN), comprising owners, Managing Directors and Partners of premium bakeries in Nigeria, have concluded plans to embark on four-day warning strike beginning from today, Thursday July 21,…
Foreign exchange: Naira hits 620/$ at parallel market
THE naira, on Thursday, fell to N620 per dollar at the parallel market amid the lingering scarcity of the greenback. The figure represents a depreciation of N5 or 0.8 percent from the…
Elon Musk tops 100 billionaires ranking, Dangote now 63rd
Nigeria’s Aliko Dangote has become the 63rd richest billionaire in the world, according to the latest ranking by Bloomberg. In the ranking released on Wednesday, the Chief Executive Officer of Tesla,…
Makrecharge The Best Website To Buy Cheap Data/Airtime, Affordable Cable TV, Less Electricity Payment, Valid Exam Pin Online, Etc…
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