Business & Economy - Page 82

Why the stock market thrived amid banking reforms, new listings in 2024, by Rukayat Adeyemi

The Nigerian stock market experienced impressive growth in 2024, driven by key macroeconomic developments. These include banking sector recapitalisation, new listings and increased crude oil revenues, which helped to reduce the country’s fiscal imbalance. Notable listings, such as Geregu Power Plc, Transcorp
January 2, 2025

In apparent food security effort, Kano cow milk dealers task government on completion of milk collection centres

The Amalgamated Cow Milk Dealers Association, Kano State, has urged the State Agro-Pastoral Development Project (KSADP) to complete the construction of milk collection centres to facilitate the processing and storage of milk across the state. Chairman of the association, Muhammad Alaramma, who
January 2, 2025

In apparent cartel monopoly manoeuvres, association bars non-members from business, gives unregistered scrap, waste dealers two-week ultimatum 

The National Association of Scrap and Waste Dealers of Nigeria (NASWDEN) has given unregistered dealers a two-week ultimatum to join the association or face legal consequences. Addressing newsmen on Tuesday – yesterday, December 31 – in Lagos,  Alhaji Sarki Soja, Chairman,
January 1, 2025

NAHCO seals handling extension deals with three international carriers, touts N300bn revenue target

The Nigerian Aviation Handling Company Plc (NAHCO Aviance) says it has sealed the extension of handling contracts with three international carriers, the company’s Group Managing Director, Mr Indranil Gupta, has disclosed. According to the News Agency of Nigeria (NAN), the international carriers are
December 31, 2024
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