Chairman and CEO Dangote group, Alhaji Aliko Dangote, yesterday criticised the Nigerian government for spending an estimated N1.5tn on food importation annually, pointing out that this expenditure will keep putting heavy pressure on the nation’s foreign exchange. Alhaji Dangote made this statement at the 3rd Eminent Persons Business lecture and […]
FINANCE AND INVESTMENT
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33,974 rice farmers are set to benefit from CBN’s Anchors Borrowers loan scheme in Zamfara state; Rice Farmers Association of Nigeria (RIFAN) chairman, Alhaji Isyaku Ajiya-Anka says. According to him, the exercise soon to begin will be conducted with the use of biometric data capture to identify the farmers accounted for […]
The Board of Directors of Ecobank Nigeria has appointed Patrick Akinwuntan as the new Managing Director designate to take over from the former MD/CEO, Charles Kie. In a statement announcing the appointment, the bank said: “The Board of Directors of Ecobank Nigeria Limited is pleased to announce, the appointment of […]
Over N500bn has been lost by major players in the Nigerian Stock Exchange (NSE) during the first half of the year 2018 following a 3.35% dip in the stock market. According to an in-depth analysis carried out by Nairametrcs below, the evaluations were calculated using the closing share prices on […]