16

Aug

Julius Berger to launch its cashew processing plant in September

Julius Berger Nigeria Plc has notified the Nigerian Exchange that its pioneer cashew processing plant located in Epe, Lagos State would be launched on September 10, 2022. According to the notice, the Cashew processing plant is Julius Berger’s first Agro-processing activity, and it shall form the cornerstone of Company’s diversification activities in the Agro-sector. Julius Berger reiterated[…]

16

Aug

Nigeria’s inflation rate rises to 19.64%

Report published by the National Bureau of Statistics revealed that Nigeria’s inflation rate in July 2022 increased to 19.64% from 18.60% recorded in the month of June. This was 2.27% points higher compared to the rate recorded in July 2021, which was (17.38 %). This shows that the headline inflation rate increased in the month of July[…]