Market News

As a means of providing means of livelihood to host communities impacted by the construction of the 54 kilometres of gas pipeline to the Fertiliser plant, Dangote Fertiliser limited (DFL) has embarked on a programme to empower 150 Project Affected Persons(PAPs) through a cassava enterprises programme.

The programme was geared towards mitigating the negative impact of the land acquired for the pipeline construction, while also supporting impacted farmers to ...

The African Development Bank Group (AfDB) has approved the investment of $25 billion to develop agriculture in five African countries.

Akinwumi Adesina, AfDB’s president, disclosed this at the virtual conference to mark the 10th anniversary of Sahel Group, a private equity firm focused on agribusiness.

He said the fund would be shared among Senegal, Gabon, Mali, Sudan and Nigeria.

Adesina said the fund provided to Nigeria will help the ...

Notore Chemical Industries Plc has recorded N9.3 billion operating profit for the fourth quarter of the twelve-month period ended 30th September 2020, which was a 172 percent increase from the previous year.

In a statement signed by the Group Managing Director/Chief Executive Officer (CEO), Mr. Onajite Okoloko, the company said the increase was mainly attributable to surpluses from the professional revaluation of its assets. It recorded revenues of ...

The management of Dangote Refinery and Petrochemicals has disclosed that it will begin the sales of its fertilizer plant's product this month.

In a statement, the Group Executive Director, Strategy and Capital Projects, Dangote Industries Limited, Mr. Devakumar Edwin, assured that Dangote Fertilizer plant's products will hit the market this month.

He said Dangote Fertilizer would make Nigeria become self-sufficient in fertilizer production and have the capacity to ...

Sokoto State Governor, Aminu Tambuwal has reiterated that the state is ready to support investments capable of developing the economic well-being of the people and lift them from poverty.

Tambuwal, said this at the groundbreaking ceremony of OCP Africa’s $13 million Sokoto Agricultural Centre of Excellence comprising a fertilizer blending plant with a production capacity of 200,000 MT per annum and training facilities for farmers, fertilizer blenders and ...