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Nigerian Senate Begins Probe Into Hike in Electricity Tariff
The Nigerian Senate has begun investigating the hike in electricity rates in eleven states.During Monday's meeting at the Senate-wing National Assembly, the Red Chamber threatened to punish any person...
Notore Chemical Industries Plc Gains N21.55 Billion in 2023 FY
Notore Chemical Industries Plc, one of Africa's biggest and leading fertiliser and agro-allied companies, recently announced that its total revenue was N21.55 billion for the fiscal year ending Decemb...
Electricity Prices Climbs Following FG Plans to Increase Gas Price
On Monday, the Federal Government reported that the price of natural gas for power-generating firms has increased to $2.42 per metric million British thermal units (mmbtu), a significant shift from th...
NASCON Allied Industries Proposes New Dividend as Profit Rises by 151% to N13.73BN
NASCON Allied Industries announced that it gained more market share even as its profit after tax (PAT) rose by 151% to N13.73 billion for the financial year ended December 31, 2023.NASCON also reporte...
Notore Chemical Industries Appoints Femi Agbaje as Its New Chairman After Three Years
Notore Chemical Industries recently announced Mr Femi Agbaje as the new chairman of the company's board of directors. This development comes three years after the seat was kept vacant after former Nig...