Flour Mills gets recognition as leader in Sugar Backward Integration Program
Flour Mills of Nigeria has notified the investing public that the Company has no outstanding compliance issues with the National Sugar Development Council (NSDC), as confirmed by the council’s latest raw sugar allocation for 2022. On the contrary, the Company have been adjudged as the best performing Backward Integration Program […]
Nigeria’s GDP grew by 3.98% year on year- NBS
Report released by the National Bureau of Statistics revealed that Nigeria Gross Domestic Product (GDP) grew by 3.98%(year-on-year) in real terms in the fourth quarter of 2021, showing a sustained positive growth for the fifth quarter since the recession witnessed in 2020 when output contracted by -6.10% and -3.62% in[…]
Fuel scarcity to end soon- NNPC
The Nigerian National Petroleum Company (NNPC) has assured Nigerians that the fuel scarcity triggered by recent importation of toxic Premium Motor Spirit (PMS) will soon end. NNPC Group Managing Director (GMD), Mele Kyari explained that the recent importation of toxic Premium Motor Spirit (PMS), popularly known as petrol, into the[…]
Stock market returns -0.01% amidst sell offs and buy interests
The Nigerian stock market on Thursday closed on a negative note as the All Share Index declined marginally by 0.01% to close at 47,102.64 points from the previous close of 47,109.25 points. The Market Capitalisation closed flat at N25.386 trillion from the previous close of N25.385 trillion. An aggregate of[…]