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Nigerian Breweries Expands Ama Plant Capacity to 4.8 million Litres

The expansion of the Ama Brewery plant in Enugu State by Nigerian Breweries Plc is expected to boost the brewing capacity from 2.7mn litres to 4.8mn litres and up...
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Nigerian Breweries Expands Ama Plant Capacity to 4.8 million Litres

Editor -
The expansion of the Ama Brewery plant in Enugu State by Nigerian Breweries Plc is expected to boost the...
Markets

China Holds Live Fire Combat Drills Near Taiwan As Response To Biden Defense Pledge

Editor -
China on Wednesday revealed that it held fresh military drills near Taiwan while Joe Biden was wrapping up his...
Markets

ASR Africa, Rebecca Foundation Commences Construction Of 8 Libraries Across Ghana

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The Abdul Samad Rabiu Africa Initiative (ASR Africa), brainchild of Abdul Samad Rabiu - philanthropist, industrialist, and Chairman of...
Markets

Obaseki’s Reforms: CBN Rallies Investors for Devt of 1,590 Hectares Plantation

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Riding on the back of Governor Godwin Obaseki’s investment drive, the Central Bank of Nigeria (CBN), Zenith Bank, Suntrust...
Markets

Global Food Crises: India Limits Sugar Exports, Malaysia Halts Chicken Sales

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India announced a sugar export ban, and Malaysia halted shipments of chicken as the global food crises escalated. Like many...
Markets

Israel May Have Killed Al Jazeera Journalist Shireen Abu Akleh in Targeted Attack – CNN

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Evidence suggests that Al Jazeera's Palestinian American journalist Shireen Abu Akleh was killed in a targeted attack by Israeli...

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Nigerian Banks: Opportunity or Value Trap?

Nigerian Bank stocks are cheap, when compared to frontier market peers, despite a majority of them still declaring profits...
Economy

Nigeria Central Bank Hikes Policy Rate to 13% on Rising Inflation Risk

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In a bid to tame rising inflation, particularly on the eve of a consequential election year, the Central Bank...
Economy

Nigeria’s GDP Grows by 3.11% in Q1, What Next?

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BY Lukman Otunuga There are two ways one could interpret Nigeria’s latest GDP figure of 3.11% in Q1 of 2022....
Economy

Tier 1 Banks’ Income From Treasury Bills Hit N233.15 bn in Q1

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The top 5 largest banks in Africa’s largest economy are gradually enjoying juicy yields as income from treasury bills,...
Economy

CBN Disowns Statement on Withdrawal of Naira Notes from Circulation

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The central Bank of Nigeria (CBN) has come out to disown a news item that it intends to replace...
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FG Declines Consent to Seplat, Mobil Oil Producing Assets Acquisition Deal

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The federal government declined its consent to the proposed acquisition of oil and gas assets belonging to Mobil Oil...

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