Business

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N8.7bn debt: Innoson Motors moves to take over GTBank

N8.7bn debt: Innoson Motors moves to take over GTBank

Innoson Nigeria Limited, Nigeria’s indigenous vehicle production company, has instituted a move to take over Guaranteed Trust Bank, GTB, following…
FG To Give 6% Interest Loan to encourage Vehicles Manufactured In Nigeria

FG To Give 6% Interest Loan to encourage Vehicles Manufactured In Nigeria

The Federal government has revealed that it would soon be giving loan to Nigerians at a 6% interest rate to…
Corporate Affairs Commission Registers 3,098,193 Companies In 28 Years

Corporate Affairs Commission Registers 3,098,193 Companies In 28 Years

The Corporate Affairs Commission (CAC) on Tuesday revealed that it had registered 3,098,193 companies and firms in Part A, B…
March 27: FG To Auction N100 Billion Bonds

March 27: FG To Auction N100 Billion Bonds

The Debt Management Office (DMO) disclosed that the Federal Government will auction by subscription N100 billion worth of bonds on…
Dangote’s Tomato Plant in Nigeria Resumes After Years Idling

Dangote’s Tomato Plant in Nigeria Resumes After Years Idling

⚫Company agrees to buy from farmers at market-linked prices ⚫Plant designed to meet domestic demand for tomato paste A tomato-paste…
NNPC to extend Ajaokuta-Kano gas pipeline to Algeria

NNPC to extend Ajaokuta-Kano gas pipeline to Algeria

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said the corporation is considering…
Cassava To Ethanol Plant To Begin Operation In Ondo

Cassava To Ethanol Plant To Begin Operation In Ondo

AS part efforts to make Ondo state more economically viable, the cassava to ethanol plant at the Ondo /Linyi Industrial Hub…
CBN Governor Emefiele Laments Nigeria’s Loss $10bn Forex Annually From Oil Palm Export

CBN Governor Emefiele Laments Nigeria’s Loss $10bn Forex Annually From Oil Palm Export

As Central Bank of Nigeria (CBN) formally kick-started the process of revamping the country’s oil palm industry on Monday, its…
Nigeria’s export to France, Spain, three others hit N2.286tn

Nigeria’s export to France, Spain, three others hit N2.286tn

Nigeria’s total export to five major countries totalled N2.28tn in the fourth quarter of 2018. Data obtained from the National…
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