Dangote Sugar Refinery Plc (DSR) has disclosed its plans to produce 700,000 metric tonnes of refined sugar from locally grown sugarcane in the next four years, through its Backward Integration Programme (BIP). This was disclosed by the Chairman of Dangote Sugar Refinery Plc, Aliko Dangote at the company’s 18th Annual General Meeting (AGM) ... Read more

Nigeria and India will soon unveiled a system of settling international trade payments between both countries in local currencies. This was made after the second annual Joint Trade Committee (JTI) meeting between the Permanent Secretary of Nigeria’s Ministry of Industry, Trade and Investment and Indian delegation led by Additional Secretar ... Read more

The Chief Executive Officer of APM Terminals, Keith Svendsen has disclosed plans to invest more than $500m in Nigerian ports by his company. Svendsen, who reiterated the company future investment in Nigeria, in a statement, noted that APM Terminals has intensified talks with the administration of President Bola Tinubu and the Nigerian Ports Authori ... Read more

The NNPC Exploration and Production Ltd/Seplat Energy Joint Venture and the Edo State government have disclosed signing an agreement that will enable the state government allocate 6,000 hectares of land from its protected forest reserves for large-scale tree planting initiative by Seplat Energy Plc. This was made as Seplat Tree4Life Initiative a ... Read more

Shell Nigeria Gas in partnership with the Oyo State Government to develop a gas supply and distribution infrastructure that will deliver gas to industrial and commercial users in the state. A statement released on Friday by Shell Nigeria’s Media Relations Manager, Abimbola Essien-Nelson, revealed that SNG will build and operate the gas dis ... Read more

The Nigerian Economic Summit Group (NESG) has disclosed that the country requires a transformational shift from a dependent economy to a diversified one, focusing on innovative sources of revenue and job creation. Also, the group worried over the current high macroeconomic volatility and instability, noting the need for a recalibration of econom ... Read more