Nigeria’s foreign reserves have dropped by $2. 2 billion amid concerns of the central bank’s support for the Naira and the settlement of over $2 billion foreign exchange backlog. This …
Business
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Abah Benjamin Eneojoh The Kogi State government has secured an agreement with the People’s Republic of China for the takeoff of the Kogi Hunan Special Economic Zone, with the status …
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The local stock market, yesterday, opened the week on a bearish note as losses in Northern Nigeria Flour Mills (NNFM) Plc and 36 others dragged the overall capitalisation down by …
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The Nigeria Customs Service (NCS) has annulled import declarations following the suspension of the four per cent Free-on-Board (FOB) charge on imports. NCS spokesperson Abdullahi Maiwada announced the decision in …
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President of Dangote Industries Limited (DIL), Aliko Dangote has revealed that his company – the Dangote Petroleum Refinery – has enough Premium Motor Spirit (PMS otherwise known as petrol) in …
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Clinging onto its position as Africa’s leading conglomerate, the Dangote Industries Limited has instituted a plethora of cutting-edge technology in creating top-notch efficiency for all its companies. Speaking weekend at …
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Musa Na Allah, Sokoto Governor Aliyu of Sokoto State has challenged the Kaduna State Electricity Distribution Company (KEDCO) on the need to improve its services to electricity customers in the …
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The domestic stock market yesterday succumbed to selling pressure with a decline of N25 billion, as the Monetary Policy Committee (MPC) retained benchmark rates. At the end of the 299th …
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Sokoto State Government on Thursday graduated another set of 500 women trainees under the state poverty reduction program. The trainees, who were drawn from across the state received training in …
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BusinessNews
Forbes: Dangote’s Wealth Surges by Almost 100% to $23.9b, Now 86th Richest in the World
Billionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranked the Nigerian entrepreneur as the wealthiest person in Africa and 86th in the …