By Abdullahi Yusuf The Master Bakers and Caterers Association of Nigeria, Kano State chapter, says its members will improve the quality of their bread to reflect the current market price of flour….
Category: Business
Kano Government to Hold Ramadan Trade Fair to Reduce Prices
By Ahmad Tijjani Abdul The Kano State Government, in collaboration with the leadership of major markets, has finalized plans to organize a Ramadan trade fair aimed at reducing the prices of essential…
NNPCL’s Petrol Surpasses Industry Standard, Says PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has affirmed that premium motor spirit (PMS) supplied by the Nigerian National Petroleum Company (NNPC) Limited meets the highest industry standards. PETROAN’s…
Dangote Doing A Very Good Job – Tinubu
The Federal Government has affirmed the Dangote Group’s pivotal role in the country’s push towards industrialization, as the company took the center stage at the ongoing Kaduna International Trade Fair. Acting Permanent…
NNPC Refutes Misleading Claims in Viral Video
By Mustapha Salisu The Nigerian National Petroleum Company (NNPC) Ltd strongly refutes the false and misleading allegations made in a viral video circulating online, which claims that NNPC fuel does not last….
Access Bank Lagos City Marathon close to achieving Platinum Label , says GM
Yusuf Ali, the General Manager (GM) of Access Bank Lagos City Marathon, says the long-distance race is close to achieving Platinum Label. Alli spoke with the News Agency of Nigeria (NAN) at…
President Tinubu Commends IFC’s Investment in Lagos Free Zone
President Bola Ahmed Tinubu has commended the International Finance Corporation (IFC) for its continued confidence in Nigeria’s economy. President Tinubu made the commendation following IFC’s $50 million equity investment in the Lagos…
Dangote’s contribution to Nigeria’s economy is unparalleled-Ogun Speaker
… as Dangote shines at gateway Trade Fair Speaker of Ogun State House of Assembly, Hon. Oludaisi Elemide has described as second to none the contributions of the President of Dangote Industries…
Dangote Refinery Reduces Diesel Price, by N55 to N1,020 per Litre
Dangote Petroleum Refinery & Petrochemicals has reduced the cost of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price, in an effort to better serve…
Dangote Peugeot begins 3008 GT assembly in Kaduna, unveils Landmark pickup
The official manufacturer and marketer of the Peugeot brand of vehicles in Nigeria, Dangote Peugeot Automobiles Nigeria Limited (DPAN), has taken another bold step towards regaining its leadership position in the auto…
Saraki Urges FG to Reconsider 4% FOB Levy, Warns of Impact on Businesses and Consumers
Former Senate President Bukola Saraki has expressed concerns over the proposed 4 percent free-on-board (FOB) levy set to be implemented by the Nigeria Customs Service (NCS), warning that it could have severe…
Osinbajo calls for unified intellectual property platform to advance African market
Former Vice-President Prof. Yemi Osinbajo, has called for a unified Intellectual Property (IP) platform to advance creative content market across Africa. Osinbajo made the call in Abuja during a National IP-stakeholders forum…
Dangote refinery exports two cargoes of jet fuel to Saudi Aramco in Saudi Arabia
… NESG says FG Must Support Domestic Industries to Achieve a $1 Trillion Economy Dangote Petroleum Refinery recently achieved a significant milestone by successfully exporting two jet fuel cargoes to Saudi Aramco,…
Kano Govt. Vows To Punish Foodstuff Adulteration At Dawanau Grains Market
By Abdullahi Yusuf Kano State Government has warned that it will prosecute traders found adulterating foodstuff at the Dawanau International Grains Market in the state. The state Commissioner of Commerce, Investment and…
CBN extends FX sale period to BDCs
The Central Bank of Nigeria (CBN) has extended the Foreign Exchange (FX) sale period to Bureau de Change (BDC) operators until May 30. This aims to better serve retail market demands. The…
Naira depreciates by 1.4% as CBN extends FX sales deadline Grace
The Naira depreciated at the official market on Monday, trading at N1,495.60 to a dollar. Data from the FMDQ Security Exchange official forex trading platform revealed that the Naira lost N20.82. This…
Nigeria committed to balancing trade, strengthening local industry – Minister Trade
The Minister of State for Industry, Trade, and Investment, Sen. John Enoh, says the Federal Government is commitment to balancing trade through policies that support local production while managing imports. Enoh said…
Boost oil exploration with licenses, financing – Experts urge FG
Some oil and gas experts have called on the Federal Government to take decisive steps to boost crude oil supply in Nigeria. They emphasised the need for allocating more licenses, facilitating new…
BREAKING: Dangote Refinery Reduces Petrol Ex-Depot Price to N890
Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre, effective Saturday, February 1, 2025. According…
Tariffs to stoke U.S. food inflation despite pledge to lower costs – Experts
U.S. consumers will face even higher costs for meat, vegetables, and fruit if President Donald Trump imposes tariffs on Canadian and Mexican imports, economists and food industry executives said. U.S. consumers are…
FG slams 3-month suspension on Max Air after Kano incident
The Federal Government, through The Nigeria Civil Aviation Authority (NCAA), has announced the suspension of operations by Max Air following Tuesday’s night incident involving the airline’s aircraft in Kano. A Max Air…
FG inaugurates fashion hub in Borno, targets 48,000 jobs
The Federal Government has launched a massive ultramodern fashion manufacturing hub in Maiduguri, which is expected to create over 48,000 jobs in Borno. Vice-President Kashim Shettima inaugurated the facility on Tuesday. He…
Lilypond Customs processes 30,979 containers, $2.1bn exports in 2024 – Controller
The Nigeria Customs Service, Lilypond Export Command, Lagos, says it facilitated the export of agricultural produce and manufactured goods valued at $2.1 billion in 2024. The command’s Area Controller, Comptroller Ajibola Odusanya,…
Governor Yusuf to Create Over 63,000 Jobs in Kano’s Garment Industry in 2025
The Kano State Governor Alhaji Abba Kabir Yusuf, is set to create 63,360 jobs for youth in the garment industry across the state’s 44 local government areas. Governor Yusuf disclosed this today…