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Global technology company, Huawei, has unveiled smart solar products to power industries, businesses and residential homes in Nigeria. Unveiling the smart solar power products called Fusionsolar in Port Harcourt on…
Farmers in Benue State have been encouraged to focus on massive production of sesame (beniseed), yam and soybean among others as government plans to support the crops for export in…
Nestle Nigeria PLC. said its revenue in 2023 increased by over N100 billion, reaching N547 billion, against N446 billion in 2022. The company said, however, that the devaluation of the…
Let me tell you for free that the table is already shifting against the West and many emerging economy Nations of the global South.They are paying huge prices for those…
The shareholders of Cadbury Nigeria Plc, a fast-moving consumer goods firm, have approved the conversion of an outstanding intercompany loan of N7.04 billion ($7.72 million) owed to its majority shareholder,…
The Federal Government has officially transferred operations of the Zungeru Hydroelectric Power Plant to a Concessionaire, Penstock Limited. The move is expected to boost Nigeria’s power generation capacity and contribute…
The Central Bank of Nigeria (CBN) has taken a significant step toward stabilizing the naira by selling approximately $90 million in the spot FX market on Tuesday. This marks the…
The Senate has announced its opposition to any electricity price hike that could further burden Nigerians, as reported by Punch News. During a press conference in Abuja two days ago,…
The Central Bank of Nigeria (CBN) is planning to create a special foreign currency (FCY) gateway bank to streamline all correspondent banking activities. This was revealed by the CBN Governor,…
The Nigerian stock market witnessed sustained bearish sentiments at the close of trading for the month of January, with notable losses incurred by several highly capitalised stocks, including MTN Nigeria…