Browsing: Business

Business cbn
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As part of measures to further conserve the nation’s declining foreign reserves, the Central Bank of Nigeria (CBN) may soon shut its foreign currency windows to rice importers to help local farmers further raise their production capacities and create more jobs for Nigerians.

Business PHCN
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Bureau of Public Enterprises (BPE), yesterday, admitted that it awarded the contract for the winding up of Power Holding Company of Nigeria (PHCN) to Messrs J. K. Gadzama & Partners as the Consultant, Legal Advisory Services for the sum of N929,613,188.94 for a period of six months after obtaining a BPP “no objection” approval.

Business Rice
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The Stallion Group, one of Nigeria’s foremost conglomerates has intensified efforts in expanding its operations in the country’s fully integrated rice value chain. Stallion’s efforts to increase local rice production commenced as early as 2007, when the associated challenges were more complex.

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