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Saturday, June 7, 2025

FG sets up ministerial council on industrial sector problems

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The Federal Government has set up a Presidential Enabling Business Environment Council committee to address bottlenecks affecting smooth operations the Nigerian industrial sector. The Minister...

Dangote refinery’ll solve W’Africa’s fuel supply challenge – Ambode

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Lagos State Governor, Mr. Akinwunmi Ambode, said the largest single line refinery in the world being developed at the Lekki Free Trade Zone by...

Manufacturers groan under the weight of economic burden

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It can just be simply said that this is not the best of time for the manufacturing sector of the economy as they are...

Dangote Sugar Refinery posts N11.1bn PBT

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Dangote Sugar Refinery has announced a profit before tax (PBT) of N11.1 billion for the six months ended 30 June, 2016.  The unaudited results...

Unilever records 1178% profit growth to N1bn in H1 2016

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Unilever Plc has announced N1 billion profit in half year (H1) unaudited interim financial statements for the period ended June 30, 2016. The company, in...

Nigeria ranks 4th with 35% on investment return in the world -BOI

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Olajide Fabamise The Acting Managing Director, Bank of Industry (BOI), Mr. Waheed Olagunju, has disclosed that Nigeria ranked fourth with 35 per cent on return...

International Trade Centre, Tony Elumelu Foundation sign Women Empowerment Initiative

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Leading African businessman and philanthropist, Tony O. Elumelu, CON, has stated that the capacity of women in the private sector to contribute to the...

New flexible exchange rate to cost Lafarge N28bn

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Following the Central Bank of Nigeria (CBN) new foreign exchange guidelines, Lafarge Africa Plc has announced exchange loss of N28 billion arising from Dollar...

Stanbic IBTC Trusteesharps advices Nigerians on estate planning

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To minimize disputes arising from the failure to plan for certainties in life, especially death, Stanbic IBTC Trustees Ltd, a member of the Stanbic...

Academy Press records N151.8m loss

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Academy Press plc has announced a loss of N151.8 million for the financial year ended 2016 on the heels of poor revenue and hike...