Category Archives: Industries

Multichoice offers customers upgrades with new promo

Multichoice offers customers upgrades with new promo

As part of its commitment to providing high quality pay television service and rewarding loyal subscribers, Multichoice Nigeria, owner of DSTV and GOTV, has kicked

Abuja-Kaduna railway monthly revenue rises by 400% – NRC

Abuja-Kaduna railway

The monthly revenue generated from the Abuja-Kaduna train service has increased by over 400 per cent, the Nigerian Railway Corporation announced on Tuesday. President Muhammadu

Kano State power plant investment in Akwa Ibom soon to become a reality

Kano State power plant investment in Akwa Ibom soon to become a reality

The Minister of Finance, Mrs Zainab Ahmed has reiterate the Federal Government’s support for Kano State government’s proposal to invest in the 540 megawatt Qua

BUA Cement capacity in Sokoto to hit 4.5 million tonnes

BUA Cement capacity in Sokoto to hit 4.5 million tonnes

BUA Group has announced that it has signed another contract with cement manufacturing company, CBMI, for the construction of a new three million metric tonnes

FIRS sets N8tn revenue target in 2019

FIRS sets N8tn revenue target in 2019

The Federal Inland Revenue Service has given itself a target to generate N8tn revenue in 2019. As such, it called on all taxpayers and other

Nigeria’s E-payment transactions hit N56.85trn

Nigeria’s E-payment transactions hit N56.85trn

Reports from the Nigerian Interbank Settlement System (NIBSS), have indicated that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion from January to September,

NANS denies N150m bribery allegations from presidency

NANS denies N150m bribery allegations from presidency

The leadership of National Association of Nigerian Students (NANS) has distance itself from the purported allegations by the Academic Staff Union of Universities (ASUU) claiming

Oil cargoes from Nigeria, others to US plunge

Oil cargoes from Nigeria

Crude oil cargoes leaving for the United States from Nigeria and other members of the Organisation of Petroleum Exporting Countries dropped in December to the

How mutual funds create wealth, support infrastructure

How mutual funds create wealth, support infrastructure

Investments in mutual funds have been described as a veritable tool to the creation of wealth, expansion of business operations and needed capital for the

How digital financial services lift banks performance, by Microsoft

How digital financial services lift banks performance, by Microsoft

The rising domination of the financial service sector by digital technologies such as the cloud technology, and Artificial Intelligence (AI), is pointing at a brighter

Nigeria’s daily crude oil production increases by 9%

Group Managing Director (GMD) of NNPC, Dr Maikanti Baru

Nigeria’s daily crude oil production increased by about 2.09 million barrels in 2018, translating to a nine per cent rise when compared with the 2017

No TAM on refineries for 42 years –NNPC boss

No Nigerian refinery worked up to 50% capacity in 2017 – NNPC

The Group Managing Director, NNPC, Maikanti Baru, says the country’s refineries have not undergone Turn Around Maintenance for an aggregate of 42 years. Baru disclosed

Dangote Flour unveils products to boost nutritional health

Dangote Flour unveils products to boost nutritional health

Dangote Flour on Monday unveiled two products – Semolina and Whole Wheatmeal – toward boosting the nutritional health of Nigerians. Mr Anthony Chiejina, the Group

Notore records N26.8b revenue, plans more expansion

Notore records N26.8b revenue, plans more expansion

Notore Chemical Industries Plc has posted a depressed earnings of N26.823 billion for the year ended September 30, 2018, compared with N35.894 billion in 2017.