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Business

BUA Foods begins operations at 200,000mt rice milling plant

BUA Foods Plc has confirmed plans to begin operations at 200,000 metric tonnes rice milling plant as part of its diversification operations in 2022. The...

MAN’s aggregate MCCI improve to 55.4 points from 54.0 points recorded in preceding q3, 2021

 The Manufacturers Association of Nigeria, MAN, through its Manufacturers Confidence Index, MCCI, have recorded measure changes in quarterly pulsation of manufacturing activities in relation...

BUA Foods grows net profit by 6.68% to N16.6b in nine months

BUA Foods Plc formerly BUA Sugar Refinery Limited has released its unaudited financial statements  for the three months and nine months ended 30th September,...

Nigeria’s debt stock hits N39.6tn in 11 months – Reports

Ahmed The Nigeria’s total debt stock rose from N32.9tn as of December 2020 to N39.6tn in November 2021, The PUNCH has learnt.   The Minister of Finance, Budget...

460 duplicated projects signed in 2022 Budget-BudgIT  

  …calls for urgent amendment   BudgIT, a civic-tech organization leading the advocacy for transparency and accountability in Nigeria’s public finance, has called on the citizens, CSOs,...

Man Kicks Against Excise Duty Of N10/Litre On All Non-Alcoholic, Carbonated And Sweetened Beverages By The FG  

The introduction of excise duty of N10/liter on non-alcoholic, carbonated and sweetened beverages, despite its potential overwhelming negative impact is rather unfortunate. There is...

AMCON lists 7,912 names owing N4.4tn as deadline expires January 5, 2022

Kuru The Asset Management Corporation of Nigeria is set to publish the names of 7,912 debtors owing it a total of N4.4tn, it has been...

BUA Foods Lists 18-billion Ordinary Shares On NGX Main Board

The Nigerian Exchange Limited, NGX, has announced the listing by introduction of BUA Foods Plc on the Main Board of The Exchange on Wednesday,...

Buhari Appoints Doyin Salami as Chief Economic Adviser

Salami Presidential spokesman, Femi Adesina, confirmed President Muhammadu Buhari has approved the appointment of Chief Doyin Salami as Chief Economic Adviser to the President, CEAP. Salami,...

President Buhari Promises to Address Forex Supply To Manufacturers For Importation

The Federal Government will take appropriate measures to improve access to foreign exchange for importation of raw materials and machines that are not available...