Category: Business
Nigerian Stock Exchange Backs Sale of Ajaokuta Steel, Refineries
adminJan 13, 2017
The Nigerian Stock Exchange (NSE) has urged the Federal Government to sell the country’s four refineries and the Ajaokuta Steel complex to enhance their operations....
FG to Start Building Railway to Decades-Delayed Ajaokuta Steel Plant
adminJan 07, 2017
Nigeria plans to start construction this month of a railway linking its decades-delayed Ajaokuta steel plant to iron-ore mines and a port, as the government accelerates...
Budget 2017: Ajaokuta Steel to Gulp N6.2bn
adminJan 04, 2017
The moribund Ajaokuta Steel Company has been allocated N6.2 billion of the N23.2 billion allocated to the Federal Ministry of Mining and Steel Development. The...
Technical Views on Shares of Kogi Iron Limited
adminDec 30, 2016
Experienced investors might be tracking multiple indicators to assess current stock health. Currently, Kogi Iron Limited (KFE.AX) has a 14-day Commodity Channel Index...
FG Urged to Ban Importation of Tankers, Revive Ajaokuta
adminDec 28, 2016
In order to encourage patronage of locally made trailer tankers, the national body of the Trailer and Steel Construction Builders Association of Nigeria has appealed to...
N10bn Lokoja, Baro, Ogoja Ports To Be Ready in 2017 – NIWA
adminDec 22, 2016
The National Inland Waterways Authority (NIWA) says that works on the N10 billion inland ports under construction in Lokoja, Baro and Ogoja will be completed in 2017....
Ajaokuta Steel to Operate at Full Capacity by 2017 – FG
adminDec 20, 2016
The Federal Government yesterday assured that Ajaokuta Steel Company would operate at full capacity in the second quarter of 2017. The Minister of Mines and Steel...
Kogi to Partner Private Sector on Tourism Development
adminDec 19, 2016
As part of efforts to implement its new direction blueprint for rapid economic recovery and progress,, Kogi State Government says it has concluded arrangements to...
Kogi: FG Approves Water Usage Permit for 300MW Itobe Coal Power Plant
adminDec 14, 2016
The federal government has approved the license for 300 megawatts (MW) Itobe-1 coal power plant to use 1125 cubic meters per hour (m3/h) of water from the River Niger...
Obajana Cement Coy Sacks 109, Remands 115 Workers in Prison
adminDec 08, 2016
The Dangote Group has dismissed 109 workers at Obajana Cement Company in Kogi State, after being found guilty of various offences, Abdulahi Magaji has said. Mr....