“This is another important step in the strategic transformation of our portfolio” said Philipp Navratil, CEO, Nestlé. “We are focusing our resources where we have the strongest competitive advantage.”
The refinery is challenging the directive on the ground that the petroleum regulator lacks the statutory authority to exercise regulatory or oversight powers over its operations within the free zone.
The apex bank lends money to banks through the SLF at interest rate of 500 bases points (bps) above the Monetary Policy Rate (MPR).
Today, the Naira is exchanging at the Black Market and the CBN rate as follows : Black Market Rates • 1 US Dollar is 1398 Naira. •1 Great British Pound (GBP) is 1890 Naira. •1 Euro (EUR) is 1595 Naira. •1 Canadian Dollar (CAD) is 1020 Naira. •1 Chinese Yuan is 190 Naira. •1 South…
Manufacturers operating in industrial clusters need reliable electricity not only to keep production lines running but also to control operating costs.
The bond forms part of the company’s broader N40 billion ($29.6 million) bond issuance programme and represents Emzor’s second domestic bond, following strong investor demand that resulted in the issue being oversubscribed.
CEO Oghale Elueni attributed the performance to strong brands, disciplined execution, volume growth, pricing initiatives and efficient working capital management.
The charge applies to organisations that use the WhatsApp Business Platform, formerly known as the WhatsApp Business API, to manage customer communication on a large scale.
Its argument is straightforward: when locally refined products cannot be absorbed by the domestic market because of competing imports, the surplus must be moved elsewhere. Hence, the increased exports.
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