In a significant step, Dangote Packaging Limited (DPL) has commissioned some state-of-the-art machinery to enhance its production capabilities. At the commissioning of the machinery on Wednesday, the Managing Director/Chief Executive …
Business
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Governor Ahmed Aliyu of Sokoto State says his administration is working hard to ensure that all the moribund industries in the state are revived. He made this known when he …
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The Central Bank of Nigeria (CBN) has reported a substantial improvement in its net foreign exchange reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in …
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The naira depreciated by 2.5 percent against the dollar in the official foreign exchange (FX) market in March 2025, as external reserves closed the month flat. According to data from …
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The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria (CBN) website showed that the Naira gained N1.84. This represents …
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Nigeria’s equities market decreased by 1.99 percent in the month of March as Friday March 28 becomes the last trading session of the month ahead of public holidays. The market …
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The Federal Government has granted Value Added Tax (VAT) and import duty exemption to raw materials essential for the production of pharmaceutical products. National Public Relations Officer of the Nigerian …
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The growing influence of the Dangote Petroleum Refinery & Petrochemicals is extending far beyond Africa and the Middle East, as the United States imported over two million barrels of jet …
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The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has expressed confidence that the proposed tax reform bill will alleviate financial burdens and foster a business-friendly environment for small …
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The management of Dangote Petroleum Refinery has announced a temporary suspension of the sale of petroleum products in Naira. The announcement was contained in a statement on Wednesday by the …