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Business

BUA Foods inaugural AGM excites Shareholders with ₦63bn dividend for FY2021

BUA Foods Plc, one of Sub-Saharan Africa’s most valuable companies based on market capitalization and a leading manufacturer of high-quality foods, held its 1st...

LCCI raises concern over Nigeria’s debt Burden

...advises FG to borrow from cheaper sources The rising debt stock incurred by the government is becoming increasingly problematic in the face of dwindling government...

BUA Foods grows profit by 13.74% to N39.3b in Q2 2022

... Saratu Umar resigns as Independent Non Executive Director BUA Foods Plc has released its unaudited financial statement for the six months ended June 30,...

MAN tasks banks, OPS to join hands to grow economy

The Manufacturers Association of Nigeria, MAN, has urged commercial banks and the Organised Private Sector, OPS, to join hands to grow the economy. The President...

BPDL Set to Create 250,000 Jobs with Seaport Project  

The Federal Executive Council on Wednesday, August 3, 2022, approved the sum of $2.59bn for the development of the Badagry Deep Seaport project under...

Uwaleke, former commissioner forecasts investment climate in next six months

Uwaleke A former Commissioner for Finance in Imo State and currently Professor of Capital Market at the Nasarawa State University Keffi, Uche Uwaleke has given...

BUA Cement to raise capital for expansion

  …raises profit by 41.40% to N61.364b in H1 2022 BUA Cement says it is in discussion with the International Finance Corporation, IFC, to obtain a...

Manufacturers still have minimal confidence in the economy-MAN

The Aggregate MCCI score of 54.6 points for the quarter under review, which is above the 50 baseline points by 4.6 points shows that...

BudgIT raises serious concerns over the poor performance of the 2022 budget  

BudgIT, a civic-tech organisation leading advocacy for transparency and accountability in Nigeria’s public financial management, has expressed concerns over the poor fiscal performance of...

MAN scores CBN low for increasing MPR to 14% from 13 % cent

The Manufacturing Association of Nigeria, MAN, has scored the Monetary Policy Committee of the Central Bank of Nigeria, CBN, low for increasing Monetary Policy...