Dangote Fertiliser begins urea production, spends $2.5bn
Dangote Fertiliser Limited announced on Friday the formal commencement of production of urea in commercial quantity and the plan to
Read more
TOP STORIES
Naira in free fall, slumps to 502/$1, 710/£1
The Nigerian currency tumbled against the dollar, the pound sterling and the euro at the parallel market on Friday. The
Read more
Naira flirts with 500/$1 as forex scarcity persists
The Nigerian currency looks set to hit a record low of 500 against the dollar for the first time in
Read more
How to make negotiation a win-win
By Harvey Mackay Perhaps the most stressful part of any deal is the negotiation process that leads to a signature
Read more
Sahara Power tackles carbon emission at Egbin station
Sahara Power Group has reiterated its commitment to reducing carbon emission through support for cycling at its Egbin, Nigeria’s biggest
Read more
Savannah Energy moves to acquire ExxonMobil’s assets in Chad, Cameroon
Savannah Energy Plc, an African-focused British independent energy company with projects in Nigeria and Niger, has announced that it is
Read more
Afreximbank begins medical centre project in Nigeria
The African Export-Import Bank has announced the commencement of its African Medical Centre of Excellence project in Abuja, Nigeria. Afreximbank
Read more
Naira falls to 498 against dollar as forex reserves dip
The Nigerian currency has weakened further against the dollar at the parallel market, moving closer to 500/$1. The naira exchange
Read more
FMDQ Exchange admits Union Bank’s commercial papers
FMDQ Securities Exchange Limited announced on Wednesday that it had approved the quotation of the Union Bank of Nigeria Plc
Read more
Nigeria’s forex reserves shed $650m in April, CBN data show
Nigeria’s foreign exchange reserves declined by $650 million last month, according to data from the Central Bank of Nigeria. Markets
Read more