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Nigeria To Import 2.9m Tons of Raw Sugar.

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Nigeria will import 2.9 million metric tons of sugar in 2017 to meet the high demand in the country’s bottled soda industry.

Despite the incentives offered by the Federal Government to boost local production, the current domestic supply has not met the rising demand as local production stands at 70,000 metric tons yearly due to poor infrastructure and high cost of production compared to imported brown sugar.

Glo Dominates New Internet Subscription

Telecoms firm, Globacom, has emerged the only network that recorded an increase in its Internet subscription in October, 2016. This was revealed in the latest review published by telecom industry regulator, the Nigerian Communications Commission (NCC) for the month.

The new publication validates Globacom’s leadership in Nigeria’s data sector, underscoring the network’s sobriquet as data grand masters. The network grew its internet customer base to 27,185,552 million in October from 26,887,929 in September. This indicates an increase of 297,623 during the month.

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