Thursday, June 20, 2024
The House of Representatives Joint Committee has issued a 14-day ultimatum to Dangote Cement, BUA, IBETO, and other stakeholders to appear and discuss the escalating cement prices in the country. This was done in response to the businesses’ and others’...
The cement market, in the last couple of weeks, has seen a significant turnaround with prices tumbling from between N10,000 and N15,000 per 50kg bag to between N7,000 and N8,000. The sudden rise in the prices of cement and other...
Minister, of the Federal Capital Territory (FCT), Nyesom Wike, has disclosed that some officials are conspiring with land grabbers to work against the federal government on the issues of land allocation in Abuja. Wike said some of the people calling...
Nigeria, with its burgeoning infrastructure development and construction projects, stands as a testament to the pivotal role of cement manufacturing in driving economic growth. Cement, the fundamental building block of modern construction, finds its prominence in Nigeria through the relentless...
Key representatives of Lafarge Holcim Africa have stated that it is highly unlikely that the price of cement will return to its previous price. Head of Corporate Communications Ginika Frank-Durugbor made this statement on Wednesday during a media interaction...
Cement manufacturers in Nigeria have agreed to bring down the price of the product to between N7,000 and N8,000 per 50kg depending on the location nationwide. The manufacturers present also expressed their readiness to bring down the prices in the...
The Managing Director of Operations at the World Bank, Anna Bjerde, is scheduled to arrive in Nigeria for a crucial two-day visit, marking her first official trip to the country in her current capacity. This visit underscores the World...
Samsung Electronics chief Lee Jae-Yong has been acquitted by a South Korean court on Monday of various charges related to a controversial 2015 merger, as reported by local media, including Yonhap. The court cited a lack of evidence proving an...
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed concern over the rampaging violation of its Limited Interim Regulatory/Registration Framework and Guidelines by online lenders popularly known as loan apps. FCCPC, in a statement signed by its Acting Executive...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has addressed the pressing concerns surrounding Nigeria’s foreign exchange (forex) challenges. The governor while addressing pressing issues facing the Nigeria’s foreign exchange among others gave insights, which come at...
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