Category: Business

Popular Oyo market gutted by fire …goods worth millions of naira destroyed

  Goods worth millions of naira have been destroyed as several shops at the popular Sabo market in Oyo town were razed by fire Tuesday night. The fire which started...

Food blockade: Price crash worries Kano traders

…..As N37k bag of Onion now sells for N7k In the north Farmers and marketers at the Gun-Dutse onion market in Dawakin Kudu Local government Area of Kano State,...

Ponzi Schemes, threat to investor protection- SEC

Ponzi Schemes, threat to investor Protection- SEC   The continued activities of Ponzi schemes have been described as a threat to the protection of investors, the...

FG Bans mining activities in Zamfara; Says state is a “no-fly” zone

      As the nation grapples with the takes of woes suffered by students after the release of the abducted students in Jengbede, the Federal Government on...

Nestlé Nigeria Plc records N287bn revenue, 1.1% growth in 2020

  Nestlé Nigeria Plc has announced its financial results for the year 2020, posting a revenue of N 287.1 billion with 1.1 per cent growth over the previous year....

Sanwo-Olu presents N200m interest-free loan to 37 film makers

Sanwo-Olu must start Lagos agricultural revolution now – George, Olarenwaju, Dallas

  The recent action of the Amalgamated Food Stuff and Cattle Dealers, which halted the convoy of trailers from bringing tomatoes, peppers, onions and all kinds of...

Truck owners, shipping operators give kudos to Sanwo-Olu, FG as Apapa gridlock eases off

  The take -off of electronic call -up system in the Lagos sea ports weekend has significantly eased up the dreaded traffic gridlock in the area. For this...

Yoruba leaders lead campaign against cows, beef consumption Friday March 5

….Afenifere, Igboho involved     ampaign aimed at a counter measure against the Fulani herdsmen in the forefront of blockade of agricultural products to...

External reserves drop by $1.1bn in one month

  Nigeria’s external reserves dropped by $1.1bn in February, according to statistics obtained from the Central Bank of Nigeria on Monday. The reserves which...

Dangote Sugar Refinery records N26.70bn profit for 2020

  Dangote Sugar Refinery Plc (DSR) recorded profit after tax of N26.70 billion for the financial year ended Dec. 31, 2020. The company stated this in its audited...