Unilever, one of the biggest conglomerates in the world, has revealed plans to invest €10m (N4.3bn) in a new plant in the country as part of its expansion programs. The revelation was made by the Unilever Executive President/CEO, Mr. Luc-Olivier Marquet during an interview with the MARKETING EDGE team at International Convention Centre (ICC ... Read more

Geometric Power/Aba Power Limited promises it will light up Aba, the commercial hub of the South East region five months from now. The next two months will be used to resolve its outstanding financial obiligations, while the remaining three months will be used for servicing the machines which have been idle since 2013 when the facilities were insta ... Read more

He snatched the lightning shaft from tyrant magnates and the scepter from industry titans, and by the time Dr. Emmanuel Ibe Kachikwu was done with his brief as Group Managing Director (GMD), Nigeria National Petroleum Corporation (NNPC), he had virtually revitalised and sanitised the oil sector. There is no gainsaying Kachikwu’s gallant st ... Read more

When Donald Trump’s German grandfather was ordered by a royal decree to leave the country and never return, he wrote a letter pleading the prince regent of Bavaria not to deport him. Friedrich Trump wrote the letter in 1905 when he returned to Germany with his wife and daughter after having emigrated to the US. German authorities had gi ... Read more

Palm oil producers quoted on the floor of the Nigerian bourse have continued a one and half year sales growth as profit soared in the second quarter of 2017. It is no exaggeration that these two dominant producers of the product- Okomu Oil Palm Plc and Presco Plc- have enviable financial strength as evidenced by strong margins, good working capi ... Read more

Nigerian’s external reserve is set to hit a 30-month high of $32 billion by the end of this month.Data from the Central Bank of Nigeria (CBN) showed that the external reserve rose to $31.55 billion on August 16, from $30.84 billion on July 31, representing increase of $710 million in 16 days. This trend is expected to persist in the second ha ... Read more

The Transmission Company of Nigeria (TCN) has secured close to $2billion for the rehabilitation of national grid infrastructure and expansion of its transmission capacities up to 20,000 megawatts target within the next three years, The Guardian. Before now, some of the transmission facilities are outdated, or inadequate and too weak to evacuate ... Read more