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Business

Home Business Page 53
FX Forwards: MAN instructs CBN to order banks to unfreeze the accounts of manufacturers
Posted inBusiness

FX Forwards: MAN instructs CBN to order banks to unfreeze the accounts of manufacturers

The Manufacturers Association of Nigeria (MAN) urged the Central Bank of Nigeria (CBN) yesterday to instruct the relevant commercial banks to unfreeze the accounts of innocent manufacturers affected by the…
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Posted by Taiwo Ayomide May 23, 2025
Nigeria establishes its first regional maritime bank
Posted inBusiness

Nigeria establishes its first regional maritime bank

Adegboyega Oyetola, the Minister of Marine and Blue Economy, has declared that President Bola Ahmed Tinubu has approved Nigeria's hosting of the long-anticipated Regional Maritime Development Bank (RMDB) and has…
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Posted by Taiwo Ayomide May 23, 2025
FG plans to set up agro-processing zones in Kano and additional locations
Posted inBusiness

FG plans to set up agro-processing zones in Kano and additional locations

The federal government, via the Industrial Revolution Work Group (IRWG), plans to create agro-processing zones in Kano and other major economic centers throughout various states in the federation. The group’s…
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Posted by Taiwo Ayomide May 23, 2025
NCDMB Establishes Africa Energy Bank to Finance Local Oil and Gas Firms
Posted inBusiness

NCDMB Establishes Africa Energy Bank to Finance Local Oil and Gas Firms

The Nigerian Content Development and Monitoring Board (NCDMB) has announced its collaboration with various stakeholders to establish the Africa Energy Bank, aiming to enhance funding opportunities for local energy sector…
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Posted by Taiwo Ayomide May 23, 2025
Cement from Dangote gives power to businesswomen in Benue
Posted inBusiness

Cement from Dangote gives power to businesswomen in Benue

In a bid to enhance women’s entrepreneurship, Dangote Cement Plc has provided cash grants to businesswomen in the host communities of Benue State. Months after Dangote Cement in Gboko raised…
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Posted by Taiwo Ayomide May 22, 2025
First Asset Management launches N100bn infrastructure fund
Posted inBusiness

First Asset Management launches N100bn infrastructure fund

First Asset Management, part of First HoldCo Plc, has introduced a N100 billion Infrastructure Fund aimed at addressing Nigeria’s infrastructure financing gap and promoting sustainable development in crucial sectors. The…
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Posted by Taiwo Ayomide May 22, 2025
Jigawa residents decry high electricity bills amidst poor supply
Posted inBusiness

Jigawa residents decry high electricity bills amidst poor supply

Residents of Jigawa State have expressed their opposition to what they describe as exorbitant electricity bills recently issued by the Kano Electricity Distribution Company (KEDCO). They argue that, given the…
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Posted by Taiwo Ayomide May 22, 2025
NMDPRA will restrict petrol trucks to a capacity of 45,000 litres by September
Posted inBusiness

NMDPRA will restrict petrol trucks to a capacity of 45,000 litres by September

The federal government has declared that the intended prohibition on fuel trucks with a capacity of 60,000 will now begin in September. It would be recalled that the Nigerian Midstream…
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Posted by Taiwo Ayomide May 22, 2025
Global company to market Dangote’s Polypropylene beyond Africa
Posted inBusiness

Global company to market Dangote’s Polypropylene beyond Africa

Dangote Petroleum Refinery and Petrochemicals FZE has teamed up with Premier Product Marketing LLC, a Vinmar company, to introduce Dangote Polypropylene™ to markets worldwide beyond Nigeria and Africa. The launch…
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Posted by Taiwo Ayomide May 22, 2025
Keyamo and stakeholders to unveil ‘100 Years of Aviation In Nigeria’ book
Posted inBusiness

Keyamo and stakeholders to unveil ‘100 Years of Aviation In Nigeria’ book

The Honourable Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, has confirmed his presence at the launch of the book ‘100 Years of Civil Aviation In Nigeria: History, Issues…
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Posted by Taiwo Ayomide May 22, 2025

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