By Tina Ezin Lafarge Africa Plc has announced plans to expand its Sagamu Cement Plant in Ogun State and Ashaka Cement Plant in Gombe State, as part of efforts to strengthen local cement production, boost capacity and improve operational sustainability across its facilities. The company disclosed that the new production lines will deploy modern dry-process…
By Babajide Okeowo LAGOS (CONVERSEER) – The Nigerian currency, the naira, extended its recovery against the American dollar at the official window on Thursday. At the official window, the Central Bank of Nigeria (CBN) foreign exchange data showed that the naira closed at N1,396.99/$1 on Wednesday, compared to N1,400.47/$1 it traded on Wednesday. This represents a…
By Babajide Okeowo LAGOS (CONVERSEER) – Investors in the Nigerian equities market gained N233 billion at the close of trading on Thursday. This followed the surge in the share prices of stocks such as RT Briscoe, SCOA and DeapCap, among others, on the trading floor. The benchmark All-Share Index (ASI) increased to 165,527.31 points from the…
By ImaObong Akpantuen In line with his commitment to grassroots development and women’s rights economic empowerment, Akwa Ibom State Governor, Pst. Umo Eno, PhD, has commissioned the Nigeria for Women Project (NFWP) Livelihood Collectives Processing Mills at Oku Abak in Abak Local Government Area. This was part of programmes to flag off a Women Sensitization…
By Our Reporter PRETORIA (CONVERSEER) – Nissan Motor and Chinese automaker Chery South Africa (Chery SA) have reached an agreement for the acquisition of Nissan’s manufacturing assets at the historic Rosslyn plant, located just outside Pretoria. The deal, subject to regulatory approvals, is expected to conclude by mid-2026. Under the agreement, Chery SA will purchase…
BERLIN (DPA, CONVERSEER) – The German economy is likely to grow only slightly in the first quarter of the year, the country’s central bank predicted in its monthly report for January on Thursday. Germany narrowly avoided a third consecutive year of recession in 2025, with preliminary figures from the Federal Statistical Office showing gross domestic…
