Business

BUA Cement Plc has declared an increase in revenue by 19.3 per cent to N209.4 billion profit for the year 2020. The Chairman, Board of Directors of BUA Cement Plc, Abdul-Samad Rabiu disclosed this at the 5th Annual General Meeting of the…

The Senate on Wednesday passed 2021 Supplementary Budget of N982, 729,695,343.00 representing an increase of N87billion of the request presented to it two weeks ago by President Muhammadu Buhari. Buhari had proposed N895,842,465,917.00…

The Nigeria Customs Service, Apapa Area Command, on Tuesday said it generated N366 billion in the first half of the year. The Area Controller, Comptroller Yusuf Ibrahim, said at a media briefing in Lagos that this represents 61 per cent…

The Governor, Central Bank of Nigeria, CBN, Godwin Emefiele, says the bank will increase its development finance interventions to further support start-ups and Small and Medium Enterprises (SMEs) in the country.…

Coalition of Association in Computer Village, CACOVI, has launched the relocation campaign of the Computer Village to the N40billion Information and Communications Technology, ICT, Business Park at Katangowa, Lagos. The ceremony which…

Nigeria’s external reserves lost $2 billion in the first half of 2021, H1’21, declining 0.5 percent to $33.37 billion from $35.37 billion recorded on December 31st 2020. According to Vanguard newspaper, though some accretion to the…

President Muhammadu Buhari has congratulated the founder and Chairman of BUA Group, Abdul Samad Rabiu, on his appointment by French President, Emmanuel Macron, as President of the France-Nigeria Business Council. According to Politics…

The Pension Transitional Arrangement Directorate, PTAD, has received 26.5 million Pounds Sterling repatriated pension funds from Crown Agents Investment Management, CAIM. The Executive Secretary of PTAD, Chioma Ejikeme, said this in a…

The National President, Independent Petroleum Marketers Association of Nigeria, IPMAN, Sanusi Fari, says that it's neither planning to go on strike nor planning to shut fuel stations nationwide. He disclosed this in a statement issued and…

The Rice Farmers Association of Nigeria, RIFAN, has said that the country’s local rice production increased from two million tonnes in 2015 to nine million tonnes in 2021. Making the declaration in Kaduna on Thursday, The RIFAN…