Governor Umo Eno of Akwa Ibom State has revamped Ibom Paint, located in Etinan Local Government Area, formerly known as Peacock Paints. Governor Eno directed all those handling state government projects to patronize Ibom Paint, assuring that his administration will continue partnering with Akwa Ibom Investment Corporation (AKICORP), to ensure all state-owned enterprises function optimally….
Austin Laz & Company Plc is a Nigerian engineering and manufacturing conglomerate. They specialize in producing industrial ice block machines, refrigerators, air conditioners, aluminum roofing sheets, and thermoplastic products like coolers.
The House of Representatives Committee on Petroleum Resources (Downstream) has called for the dismissal and arrest of the World Bank official responsible for the April 7, 2026 Nigeria Development Update, which recommended the reinstatement of petroleum import licences. The Committee Chairman, Hon. (Barr.) Ikenga Ugochinyere Ikeagwuonu,described the recommendation as a reckless move capable of undermining…
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1, 400 Sell ₦1,410 GREAT BRITISH POUND (GBP) Buy ₦1,860 Sell: ₦1,885 EURO (EUR) Buy ₦1, 570 Sell ₦1,590 CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦180 Sell ₦200 GHANA CEDI (GHS) Buy ₦95 Sell ₦110 WEST AFRICAN CFA Buy ₦2, 380 Sell ₦2, 460 CENTRAL AFRICAN CFA Buy ₦2,220 Sell 2,300 AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900 CBN OFFICIAL EXCHANGE RATES US DOLLAR (USD) ₦1,370.19 GREAT BRITISH POUND (GBP) ₦1,829. 89 EURO (EUR) ₦1,568.32 SWISS FRANC (CHF) ₦1,1706. 13 JAPANESE YEN (JPN) ₦8. 50 CHINESE YUAN (CNY) ₦202. 06 WEST AFRICAN CFA (XOF) ₦2.38 WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,859. 48 SAUDI RIYAL (SAR) ₦364.93 SOUTH AFRICAN RAND (ZAR) ₦84. 46
“As we build Africa’s largest and most sustainable cement business, we are creating a platform for long-term growth, resilience and shareholder value. Our sustainability strategy is not separate from our business strategy; it is the foundation upon which we will achieve Vision 2030.”
Felix Enwemadu, is the General Manager of PepsiCo Nigeria, the company relies heavily on Nigerian farmers to sustain its operations, with key supplies coming through partnerships with Flour Mills of Nigeria and Presco Plc. In this interview with Nairametrics, he explained the broader benefits of this strategy across agricultural value chain. Nairametrics: How long has…
“I have the mandate of Mr. President to intervene and resolve all issues holding these assets down and ensure that the noble vision of our founding fathers is realized in these projects.”
These rankings are based on IMF World Economic Outlook projections and can shift with new data releases, currency fluctuations, and global events.
The Chairman of the company, Alhaji Dahiru Mangal, said that the new cement plant has capaciry to produce 6000t/day of cement, and provides 10,000 direct and indirect jobs.
