Dangote Refinery to Sell Petroleum Products in Naira
Oil marketers says refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated in some quarters.
Dealers in the downstream oil sector also stated...
FG Assures Intervention Funds for Agricultural Sector to Curb Food Inflation
The Minister of Finance, Mr. Wale Edun, has assured Nigerians that there would be substantial intervention for the agricultural sector that would enhance increased production of rice, maize, wheat and cassava to stem the...
Bullish Trend: Equity market Gains N673bn on First Trading
The equity market continued with its bullish trend on Monday, as investors gained N673bn.
At the close of trading, both the market capitalisation of the exchange and the All-Share Index rose by 1.30 per cent to settle...
Taskforce Impounds 21 Trucks of Coal Over Illegal Mining
The licensed and legal Coal Miners in Kogi State have said that in a bid to defeat illegal mining in the country, a Joint Task Force set up by the State Government has impounded 21 trucks...
Dangote Cement Crosses N10tn Capitalisation on NGX
The market capitalisation of Dangote Cement hit N10tn on Monday, emerging as the first company to achieve that milestone on the Nigerian Exchange.
This is as billionaire businessman, Femi Otedola, who called the founder of the Dangote Group, Aliko...
CBN Projects N900bn to Raise Banks Capital – Report
The Central Bank of Nigeria may ask commercial banks with international banking licence to raise their capital base to over N900bn, according to a new report.
This came a few months after the Central Bank of Nigeria...
