Business

Nigeria’s manufacturing upgrade tops China’s economic pact —Consul General

By Nkiruka Nnorom & Marvellous Chukwunenye  The planned upgrade of Nigeria’s manufacturing sector is at the heart of a new economic partnership between Nigeria and China, the outgoing Consul General of China in Lagos, Ms Yan Yuqing, has said. Yuqing disclosed this at a reception marking the 77th anniversary of the founding of the People’s […]
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NSE: FBN Holdings, Wapic Insurance lead N155bn gains

The uptrend on the Nigerian Stock Excision, NSE, entered the second day today following gains in 29 companies, particularly FBN Holdings Plc, Wapic Insurance Plc, Dangote Sugar refinery Plc and other highly capitalised stocks.

Honeywell companies no longer indebted to Ecobank – Oba Otudeko

The Chairman of Honeywell Group, Oba Otudeko, on Wednesday confirmed that the Honeywell companies are no longer indebted to Ecobank Nigeria. Otudeko said Honeywell had paid a total of N3.5 billion to Ecobank as full and final settlement of all its obligations to the bank.

DAMEA 2018 targets $58bn revenue from Africa’s mining industry

The Diipsolution Africa Mining Exhibition and Award (DAMEA) scheduled to take place in Lagos from 30th May to 1st June, 2018 is to pave the way for Nigeria to tap into the over $58 billion estimated revenue from the mining industry across Africa in the next five years.

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