OTHER BUSINESSES

The Debt Management Office (DMO) said on Friday that Nigeria’s debt stock stood at N87.37 trillion as at September 30, 2023 Director General of DMO, Ms. Patience Oniha, disclosed this during an interactive session of the House of Representatives Committee on Appropriations with heads of MDAs She said, “Let me...

Executive Vice Chairman (EVC) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has said competition is key to the healthy growth of the telecoms sector. According to a press statement signed and sent to Business247 News online by Mr. Reuben Muoka, Director, Public Affairs of NCC, Maida, who spoke...

Dangote Refinery says it has received its first one million barrels of Agbami crude grade from Shell International Trading and Shipping Company Limited (STASCO) in a major step towards increasing Nigeria’s local refining capacity. In a Friday statement, the Dangote Refinery explained that the cargo sailed to the facility’s Single-Point...

Founder of Stanbic IBTC Bank, Atedo Peterside, has revealed cogent reasons investors are running away from Nigeria despite commitment by the President Bola Tinubu-led administration to woo them to partner with the country. This comes shortly after Procter &Gamble (P&G) announced its exit from Nigeria. P&G is the latest of...

The Lagos Chamber of Commerce and Industry (LCCI) has implored President Bola Tinubu’s government to create a more flexible and transparent foreign exchange policy to address scarcity issues. LCCI Director-Genera Ms. Chinyere Almona said this Thursday in Lagos, in reaction to the recent announcement of Procter & Gamble to transition...

  Executive Vice Chairman (EVC) of the Nigeria Communications Commission, Dr. Aminu Maida, has said competition is key to the healthy growth of the telecoms sector. Maida said this on Wednesday when he received a delegation of management of Airtel Networks Limited in Abuja, said the Commission will give closer...

Oyo State Governor, Seyi Makinde (middle); Country Director, Alliance for A green Revolution in Africa, Rufus Idris (left); Deputy Head of Office, Investment and Technology Promotion Office (ITPO), United Nations Industrial Development Organization UNIDO, Michael Schmidt (second left); National Advisor in Nigeria, UNIDO, Adekunle Olusile (right); Chief Executive Officer, Off-grid...

In a collaborative effort, Sosa Fruit Drinks and Rite Sausage Rolls brands of Rite Foods Limited hosted an exclusive movie hangout for 70 lucky consumers who were treated to a VIP screening of 'The Marvels,' at Silverbird Cinemas, in Ikeja City Mall, Lagos, on 2nd December 2023, thereby strengthening their...

  warns against relapse in local content drive The 12th Practical Nigerian Content Forum 2023 got underway on Tuesday at the Nigerian Content Towers, Yenagoa, with the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Kesiye Wabote announcing that the agency has completed 83 percent of...

agreement on 421 tonnes per day small-scale LNG project in Ajaokuta and MoU on lloating LNG In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the...