Nigeria and Cuba Sign Farm Tech Deal

Nigeria and Cuba inked new agreements on agricultural technology during last week’s G77+China summit in Havana. PREMIUM TIMES reports. Abubakar Kyari, Nigeria’s Agriculture Minister, and Ydael Pérez Brito, his Cuban counterpart, inked the deal. Kyari wants to improve crop, seed quality, and modern farm methods with Cuba.JAMB Result He also showed interest in the poultry, … Read more

Dangote Refinery Fails to Take Off as Nigeria Spends $25 Billion on NNPC Refineries

Dangote Refinery Fails to Take Off as Nigeria Spends  Billion on NNPC Refineries

Aliko Dangote, Chairman of the Dangote Group, said during the commissioning of his refinery by ex-President Muhammadu Buhari on May 22, 2023, that the 560,000-barrel capacity refinery will begin production in July or early August.InformationGuideNigeria With August well into the first week, Nigerians are waiting with bated breath as the refinery fails to begin production. … Read more

Nigerian Breweries to increase prices of products

Nigerian Breweries to increase prices of products

Nigerian Breweries has said that the company will increase the prices of products as rising input cost threatens operations.InformationGuideNigeria In a memo to customers, the company stated that the price adjustments would take effect from August 10, 2023 but did not state which of its brand will be affected by the price increase. Read Other … Read more

15 Best Weight Gain Syrups for Ladies in Nigeria

15 Best Weight Gain Syrups for Ladies in Nigeria

15 Best Weight Gain Syrups for Ladies in Nigeria – Weight management is a critical aspect of overall health and wellbeing. Some ladies are constantly seeking ways to increase their body weight for various reasons such as enhancing physical appearance or recovering from illnesses that cause drastic weight loss. A popular method for gaining weight … Read more

Unilever Nigeria publishes replacement for MD

Unilever Nigeria publishes replacement for MD

The Managing Director of Unilever Nigeria, Carl Raymond Cruz, has resigned from his post, the board of the company has revealed. RIPPLES NIGERIA reports.Information Guide Nigeria In a statement released on Tuesday, but dated April 21, Cruz will leave the managing director post on May 4, 2023, after the Annual General Meeting. Cruz became the … Read more

Exxon declares force majeure on crude liftings

Exxon declares force majeure on crude liftings

Exxon Mobil Corp. (XOM.N) in Nigeria has declared force majeure on oil liftings from different terminals in the country.Information Guide Nigeria According to REUTERS, the company said on Monday in a statement that this is following industrial action by the company’s in-house workers union. Last year, Nigeria, a member of the Organization of the Petroleum … Read more

Jaiz Bank raises dividends by 25% as profit grows by 68.5%

Jaiz Bank raises dividends by 25% as profit grows by 68.5%

Nigeria’s premier and largest non-interest bank, Jaiz Bank Plc has increased dividends payable to shareholders by 25 per cent.Information Guide Nigeria This was after the alternative bank grew net profit by 68.5 per cent. In a regulatory filing at the Nigerian Exchange (NGX), the board of Jaiz Bank recommended payment of a dividend per share … Read more

Femi Otedola Spends Over billions to Add Transcorp Plc to His Growing List of Investments

Femi Otedola Spends Over billions to Add Transcorp Plc to His Growing List of Investments

Nigerian billionaire businessman, Femi Otedola, has Femi Otedola Spends Over N2bn to Add Transcorp Plc to His growing List of Investments.Information Guide Nigeria LEGIT.NG reports that the business guru has added another feather to his cap of investments with the acquisition of a significant stake in Transcorp Plc.NYSC Portal He now owns about 2.245 billion … Read more

I would be scared to invest in Nigeria as foreign investor – Kingsley Moghalu

I would be scared to invest in Nigeria as foreign investor – Kingsley Moghalu

A former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu has said that he would be scared to invest in the country as a foreign investor- DAILY POST reports. Information Guide Nigeria Moghalu revealed this on Thursday in a statement via his verified Twitter handle. His statement is coming on the heels … Read more

Union Bank, CIG Partner On Auto Financing

Union Bank, CIG Partner On Auto Financing

Union Bank of Nigeria (UBN) has signed a commercial partnership agreement with a member of CIG Group of Companies, Choice International Group (CIG) Motors Limited.Information Guide Nigeria INDEPENDENCE REPORTS that the partnership will provide auto financing services to the bank customers on purchase of the GAC range of cars, through its asset finance loan scheme. … Read more