nigeria commodities market

BUSINESS NEWS

• Eterna's Q1 2021 Revenue Forecast Fail To Surpass Previous Earnings

  3 days ago - by Olalekan Fakoyejo

  Oil company, Eterna Plc, has revealed that its revenue will rebound in Q1 2021 following a poor financial outing in Q1 2020. Despite the forecast of a...

• Despite Ban, Nigeria Spends N370b On Palm Oil Importation

  5 days ago - by Samuel Mayowa

  Findings have revealed that the importation of palm oil has soared by 24.5 percent despite the restriction placed by the Federal Government on th...

• Ellah Lakes Sign Deal With Ondo State For Palm Oil Cultivation

  1 week ago - by Olalekan Fakoyejo

  Ellah Lakes is set to develop 5000 Hectares of land for the cultivation of Oil Palm and Cassava in in Ondo State, Nigeria. Ellah Lakes will estab...

• CBN Survey Shows Nigerians See Weaker Economy With Rising Prices

  2 weeks ago - by Olalekan Fakoyejo

  The Central Bank of Nigeria (CBN) has revealed that there's a widespread of believe that Nigeria's economy will become weaker as prices start ...

• CBN's Emefiele Reveals Plan For Small Businesses Destroyed By Hoodlums

  2 weeks ago - by Olalekan Fakoyejo

  The governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has revealed the plan of the private sectors for small businesses destroyed during the...

• Another Farmer Quit Farming In North As Bandits Give Farmers Two Options

  2 weeks ago - by Olalekan Fakoyejo

  The insecurity in the north has continued to force farmers to close their farm business as farmers have to choose between staying alive or die while t...

• Updated: Yam, Bread, Other Prices Rise As Nigeria's Inflation Hit 14.23 Per...

  2 weeks ago - by Olalekan Fakoyejo

  Nigeria's inflation rose to 14.23% in October 2020, according to the Nigerian Bureau of Statistics (NBS). The data agency also disclosed that food...

• Stanbic IBTC's Founder, Atedo Peterside, Tackles Buhari For Reopening Borde...

  3 weeks ago - by Olalekan Fakoyejo

  The founder of Stanbic IBTC, Atedo Peterside, has reacted to the export waiver on land border President Muhammadu Buhari granted Aliko Dangote, t...

• Land Border Waiver: How President Buhari Abused Constitutional Power To Fav...

  3 weeks ago - by Olalekan Fakoyejo

  The decision by President Muhammadu Buhari to reopen the land border - a year after closure - for only Africa's richest man Aliko Dangot...

• Conoil Revenue Slumps By 24.3%, As Profit Also Crash

  4 weeks ago - by Olalekan Fakoyejo

  Conoil's revenue slumped by -24.3% in three months of Q3 2020, as the oil company failed to surpass the NGN40.5 billion it generated in the same p...

• Is Financial Crisis Forcing Portland Paints To Sell Assets To Chemical And ...

  1 month ago - by Olalekan Fakoyejo

  Two days ago, AllNews disclosed that Chemical and Allied Products Plc (CAP) is planning to absorb Portland Paints, while the acquisition is still subj...

• Flour Mills Of Nigeria Q2 Revenue Survives On Pasta, Noodles' Consumers

  1 month ago - by Olalekan Fakoyejo

  Consumers of Pasta and Noodles helped Flour Mills of Nigeria grow its revenue in the second quarter of 2020, its financial statements obtained by AllN...

• President Buhari To Exchange Shares For Cash As He Creates New Oil Company

  2 months ago - by Olalekan Fakoyejo

  A new oil company and agencies have been formed by President Muhammadu Buhari in response to the clamour that the Nigerian oil industry be reformed. P...

• Explosion Rocks Filling Station In Ajuwon, Lagos

  2 months ago - by Olalekan Fakoyejo

  An explosion has rocked a gas plant at Ajuwon, area of Ishaga, in Lagos State. According to an eyewitness in the area on Thursday, the explosion was f...

• Are Ice Tea Brands Unprofitable As Retailers Shun Lipton, Chivita Ice Tea

  2 months ago - by Olalekan Fakoyejo

  Nigeria's beverage market is saturated by various flavour, but while soft drinks have become a household product, retailers have continued to dist...