Business
Dangote’s Tomato Processing Factory Shuts Down Again
The Dangote tomato processing factory located in Kano has been shut down after farmers engaged to supply the factory with raw materials abandoned tomato farming […]
Business
Business
NSE Delists Skye Bank, Fortis Bank From Exchange List
The Nigerian Stock Exchange (NSE) has delisted two companies from the daily official list of the Exchange. The two companies are Skye Bank Plc and […]
Business
We Made Consultations Before Increasing Electricity Tariff- NERC
The Nigerian Electricity Regulatory Commission (NERC) says the decision to increase tariff was taken after consulting Electricity Distribution Companies (DisCos) and stakeholders in the sector. […]
Business
CBN Releases $210m Into Forex Market
The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into Nigerian Inter-Bank Foreign Exchange market following conclusion of Tuesday’s transactions. […]
Business
NNPC Gives Reason For Increasing Price Of Kerosene
The Nigerian National Petroleum Corporation (NNPC) has attributed the increase in the price of household kerosene in the country to the pressure of demand and […]
Business
China Begins Export Of Used Cars To Nigeria, Others
The Chinese Ministry of Commerce has said that it has commenced the export of used cars to Africa, Asia and Europe, with Nigeria as one […]
Business
Global HVAC Leader Trane® Appoints JMG Limited As New Distributor In Nigeria For Its Residential And Light Commercial Products
Trane® a global provider of indoor comfort systems and services and a brand of Ingersoll Rand, has entered into a new distribution agreement with JMG […]
Business
JUST IN: IMF Boss, Christine Lagarde, Resigns
The International Monetary Fund (IMF) Managing Director, Christine Lagarde, has resigned. Lagarde’s resignation takes effect from September 12. In a statement sent to SaharaReporters today, […]
Business
Nigeria’s Barkindo Re-Elected As OPEC’s Secretary General
The Organization of Petroleum Exporting Countries (OPEC ) has announced the re-election of Nigeria’s Mohammed Barkindo as Secretary General for a three-year tenure. Barkindo, who […]
Business
Terrestrial Fiber Infrastructure Investments Key To Enabling The Growth Of Africa’s Digital Economy Say Experts
Experts at the 2019 ‘Africa Panel Session’ of the International Telecoms Week (ITW), that was held recently in Atlanta, USA discussed the importance of infrastructure […]