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Dangote Sets Up $100m Truck Assembly Plant In Lagos
Dangote Group of Companies has established a $100million truck assembly plant in Lagos to boost foreign exchange and job creation.
ILO Predicts Rise In Unemployment In 2017
The UN International Labour Organisation (ILO) has predicted both rising unemployment and worsening social inequality throughout 2017.
SEC Warns Investors Against Bitcoin, Other Digital Currencies
The Securities and Exchange Commission has given a public notice on its website concerning investment in Bitcoin, Swisscoin and other types of crypto-currencies.
Nigeria To Recover From Recession In 2017, Says World Bank
The World Bank has predicted Nigeria's recovery from recession in 2017, as it foresees growth in the country's Gross Domestic Product by one per cent.
Pension Scheme: Civil Servants Demand Restoration Of Old Order
Retired civil servants have called for a reversal to the old pension system, saying that the touted advantages of the new scheme are misleading.
Dangote Tomato Factory Reopens February
The Dangote Tomato Processing Factory in Kadawa, Kura Local Government Area of Kano State is to resume production in February.
Nigerian Crude: NNPC Lists 39 Off-Takers For 2017/2018
The Nigerian National Petroleum Corporation (NNPC) has listed 39 bidders for the sale and purchase of Nigerian crude for 2017/2018, Concise News has gathered.
NSE Kicks Off 2017 Trading On Negative Trend
The All-Share Index dropped by 257.73 points or 0.96 per cent to close at 26,616.89. This was against 26,874.62 achieved on Friday due to profit taking embarked upon by some investors.
Dangote Is Biggest Billionaire Loser Of 2016
Africa's richest man, Aliko Dangote, lost over $4 billion last year, according to Forbes rating.
LASG Expresses Readiness To Upgrade Its Songhai Model Farm In Badagry
Lagos State Governor, Mr Akinwunmi Ambode, has expressed the readiness of his administration to upgrade the Songhai Model Farm in Avia-Igborosun, Badagry.
Forex Crisis: Expert Seeks CBN Review Of Ban On 41 Items
A financial expert has called on the Central Bank of Nigeria (CBN) to review the Forex restriction placed on 41 items imported into the country.
Why You Should Eat Plantain Flour
Nigerians have been advised to eat bread and other pastries made of plantain flour to enjoy maximum nutrition for a healthy living.
Hyundai, Kia Plan 8.25m Sales Growth In 2017
Hyundai Motor Co (005380.KS) and affiliate Kia Motors (000270.KS) have said they aim to increase their combined sales to 8.25 million vehicles globally in 2017, despite rising competition.
Ganduje Confident Nigeria Will Recover From Recession
Kano State Governor Abdullahi Ganduje is confident in the ability of President Muhammad Buhari to successfully tackle Nigeria's economic challenges.
Amazon Aims Roof In Product Storage
The internet company is reported to have filed for a patent to use airships to store products and serve as a base for delivery-drones.
Positive Transactions Maintained At Nigeria Stock Exchange
Activities on the Nigerian Stock Exchange resumed trading on Wednesday after the long holidays to mark the Yuletide still on a bullish trend with the market capitalisation growing by N69 billion.
NMMA Winner Urges More Investment In Tourism
The Executive Producer of "Thru The African Eye" Documentary Ms Yvonne Bassey urges more investment from the private sector in Tourism.
Nigeria’s External Reserves Climb To $25.4bn
A new data released by the Central Bank of Nigeria shows that the country's foreign exchange reserves have gone up to $25.4bn.
FG To Harmonise Multiple Taxation Of ICT Operators
Nigeria's Minister of Communications Mr Adebayo Shittu says government will look into the complaints of multiple taxation with a view to harmonising them to lessen the burden on ICT operators.
NNPC Receives 30% Discount On Contract Renegotiations
The Nigerian National Petroleum Corporation (NNPC) says it realised between five per cent and 30 per cent discounts on existing contracts after several renegotiations.