Production Resumes At Dangote’s Tomato Plant In Kano

Activities have recently kick-off at the hitherto closed tomato paste factory owned by Alhaji Aliko Dangote, Africa’s richest man. Work was observed to have resumed in the factory located in Kano state of after being redundant for more than two years due to a supply disruption partly caused by a price dispute with the local farmers.

Nigeria's Inflation Rate Drops To 11.31% – NBS

Nigeria's statistical agency, on Friday, disclosed that the Consumer Price Index which measures inflation has dropped from 11.37 percent in January to 11.31 percent in February. The 11.31 percent represents a decline of 0.06 percentage points lower than the rate recorded in January.

Nigeria Economy The Best In Africa - PWC

Nigeria can be once again called the giant of Africa as reports available indicate that Nigeria Gross Domestic Point (GDP) is currently the leading economy on the continent according to PriceWaterhouseCoopers (PWC).

NNPC To Take Over Operation Of OML From Shell - Buhari

As part of plans to boast the nation's revenue base, President Muhammadu Buhari on 13th March 2019 ordered the Nigerian National Petroleum Corporation to take over the operatorship of the entire Oil Mining Lease (OML) 11 from Shell Petroleum Development Company.

2019 Elections: PMS To Be Sold At N140

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members across the federation to sell Premium Motor Spirit (PMS) at N140 as part of the association’s contribution towards encouraging voters to participate in the rescheduled electoral processes.

Nigeria's Foreign Trade Hits N32.26tn

The National Bureau of Statistics (NBS), has revealed that Nigeria’s total merchandise trade increased by 39.31 percent to N32.26 trillion (year on year) in 2018. This is in comparison to N23.16 trillion in 2017.

Hope For Nigeria’s 2019 Budget As Oil Price Hits $64.56 Per Barrel

An emerging report indicates that for the first time in 2019, oil price in the international market on 15th February 2019 rose from $62.00 to $64.56 per barrel in the international market, indicating $4.56 in excess of Nigeria’s $60.00 budget benchmark in the 2019 appropriation bill.

Surge In Oil Price Surge As Nigeria Announces Presidential Election

Following the announcement of the 2019 presidential election results, Nigeria’s stock market turns positive with significant capital gains. It was gathered that oil prices, yesterday shot up, apparently over uncertainty over the outcome of the election’s as well as the political tension in Venezuela.

Nigeria’s GDP Surge By 1.93% In 2018

Reports available to Vigil360 revealed that Nigeria’s gross domestic product (GDP) grew by 1.93% in 2018. The foregoing was disclosed by a data made available by the National Bureau of Statistics.

SEC Approves N15bn Green Bond For Access Bank

The Securities and Exchange Commission (SEC), has approved the Book Build for its proposed N15 billion Green Bond issued by Access Bank Plc which will be the first-ever Climate Bonds Standard Certified Corporate Green Bond to be issued in Africa.

FG: $30bn To Be Made Annually from MINE

The Federal Government has signed an agreement with investors to generate $30 billion annually on the Made in Nigeria for Export (MINE) project. The agreement which was Presided over by President Muhammadu Buhari at the Council Chambers in the Presidential Villa, Abuja.

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