Posts for tag "nigeria"

15 Jan 2021

Notore shuts down 500,000mtpa fertiliser plant in Onne ahead of maintenance

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Notore Chemical Industries Plc has shut down its 500,000 metric tonnes per annum (MTPA) fertiliser plant in Onne, Rivers state ahead of its turnaround maintenance (TAM).

In a statement issued on Thursday and signed by Otivbo Saleh, the company secretary,  the TAM would restore the plant to its nameplate capacity, thereby improving productivity and profitability.

It added that the maintenance program, which was delayed by the coronavirus outbreak, is ...

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05 Jan 2021

Notore records N9.48bn profit in 2020

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Notore Chemical Industries Plc has recorded an operating profit of N9.48 billion as against the N3.418 billion made in the preceding year.

The company reported this in its audited financial statement for the year 2020 for the 12-month period ended September 30, 2020. The Group Managing Director/Chief Executive Officer (CEO) of Notore Chemical Industries, Mr. Onajite Okoloko, said the increase in the company’s operating profit is ...

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04 Jan 2021

Dangote Fertilizer Donates Classrooms, Other Facilities To Lagos Community

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To meet the yearnings of its host communities’ quest for quality education by way of provision of teaching materials and a conducive environment, Dangote Fertilizer Limited (DFL) has constructed and handed over to the Lagos State Basic Education Board (SUBEB), a multimillion naira modern block of classroom and other infrasructures.

The donation of the school, which was meant to serve the Abejoye community in Ibeju- Lekki area of Lagos, was ...

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30 Dec 2020
guardian farmers

Over 100,000 farmers benefit from Social Lender-OCP Africa collaboration

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Over 100,000 smallholder farmers received personalised financial services from a smart funding initiative of Social Lender, a fintech company, and OCP Africa, a fertilizer company.

More than 60 per cent of smallholder farmers in Nigeria do not have Bank Verification Number (BVN) and are currently unbanked or under-banked. The absence of BVN is one of many indicators of financial exclusion. This has led to widening economic exclusion and poverty ...

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16 Dec 2020

Indorama Wins “Business Day Agribusiness Company Of The Year" 2020 Award

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Lagos Continental Hotel, Victoria Island Lagos was filled to capacity with corporate icons, on Saturday evening, December 12, 2020, as BusinessDay Newspaper organized its high profile Nigeria Business Leadership Awards, in which Indorama Fertilizer & Chemicals Limited (IEFCL) was voted the “Agribusiness Company of the Year”.

A statement signed by the Group Head, Corporate Communications, Indorama Nigeria Group, Dr Jossy Nkwocha, disclosed this to newsmen, in Port Harcourt, last Monday ...

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