Flour Mills gets approval to acquire 76% stake in Honeywell
Flour Mills of Nigeria Plc (FMN) has obtained the required regulatory approvals to acquire 71.69 per cent stake in Honeywell...
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Africa faces annual infrastructure financing gap of $108bn
The African Development Bank (AfDB), says that Africa is currently facing an infrastructure financing gap of between 68 billion dollars...
Naira depreciates against dollar at investors, exporters window
The Naira exchanged at N419.00 to the dollar at the Investors and Exporters window on Friday, a -0.12 per cent...
Nestle Nigeria records 26.3% revenue growth
Nestle Nigeria PLC has announced a revenue of N110.2 billion in the first quarter against N87.3 billion during the same...
Stakeholders commit to effective implementation of NPoA
Stakeholders in public and private sectors have committed to the effective implementation of the second National Programme of Action (NPoA)...
MTN’s subscribers decline by 1.3 million
MTN Nigeria Communications Plc (MTN Nigeria), says its mobile subscribers declined by 1.3 million to 70.2 million following the regulatory...
NGX records capitalisation gains of N143bn
The market capitalisation of Nigerian Exchange Ltd. (NGX) on Thursday gained N143 billion, or 0.55 per cent, to close at...
Genetically modified beans safe for consumption
The National Biosafety Management Agency (NBMA), on Thursday assured Nigerians that recently-approved, genetically-modified beans is safe for both human consumption...
DRC moves to drive oil, gas to accelerate growth
The Democratic Republic of Congo (DRC) has decided to leverage on its oil and gas reserves to accelerate socioeconomic growth....
Nigeria in move to generate 5,800 jobs, $2.06bn revenue
The Infrastructure Concession Regulatory Commission (ICRC), has issued two Full Business Case (FBCs) Certificates of Compliance for new infrastructure projects...
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