BUA Cement Target N112bn Export To Niger, Burkina Faso BUA Cement Company has disclosed that the company will increase its cement export to neighbouring Niger republic and Burkina Faso to improve its Foreign exchange earnings. Chairman of the Board of Directors of BUA Cement Plc, Abdul...

FG vs ASUU: Before The Next Strike, by Kabiru Danladi Lawanti     In the last 40 years, the Nigerian Public Universities (both states and federal) have seen a gradual decline in terms of output quality and infrastructure, despite huge billions that accrued into these universities through...

In Two Months, External Reserves Fall By $1.4bn     The country’s external reserves fell by $1.4bn in two months, the latest data from the Central Bank of Nigeria showed on Wednesday. The reserves, which stood at $35.25bn as of April 16, fell to $34.23bn as of May...

FG Targets $70m Profit From Crude Supply To Indonesia     The Nigerian National Petroleum Corporation (NNPC) through its subsidiary, Duke Oil, has sealed a pact to supply 30,000 barrels per day crude oil supply to Indonesia’s state oil corporation, Pertamina and Indian Oil Corporation. The development, which...

Travellers To Access $4,000 As CBN Boosts Forex Supplies   Nigerians travelling abroad can access a maximum amount of $4,000 foreign exchange from the banks following the Central Bank of Nigeria’s announcement to increase forex supplies. Sources from some of the banks said those travelling on business...

Dangote Cement Issues N50bn Bonds For Projects Expansion       Dangote Cement Plc, Africa’s largest cement producer, has announced the successful issuance of N50 billion Series 1 Fixed Rate Senior Unsecured Bonds under the company’s new N300 billion Multi-Instrument Issuance Programme. The company said on Wednesday that the...