Business
CBN set for recapitalization of the nation’s banks
The CBN Governor, Dr. Olayemi Cardoso, announced this at the 58th Annual Bankers Dinner by the Chartered Institute of Bankers of Nigeria (CIBN)...
Nigeria’s economy grows by 2.54% in Q3 – NBS
The Nigerian economy has recorded growth by 2.54 percent in the third quarter of 2023, according to the latest report from National Bureau...
We have recorded over N1trn monthly revenue inflow since subsidy removal, says FG
The Federation Account has seen an increase in income inflow of more than N1 trillion since the removal of petrol subsidies, the Minister...
Concrete roads: Cement prices may hit N9,000, says manufacturers
The Cement Producers Association of Nigeria (CPAN) has expressed concerns over the federal Government’s plan to use cement to build concrete roads across...
Nigeria’s GDP set to grow by $3bn as NNPCL, Indorama seal pact on gas supply
In its bid to reposition Nigeria as one of the largest producers of Urea in the western hemisphere, the Nigerian National Petroleum Company...
Again, Nigeria’s inflation soars to 25.80 percent in August, NBS reveals
Nigeria’s headline inflation rate for August 2023, rose to 25.80 percent, marking a 1.72 points higher than the 24.08 percent recorded in the...
`This is the best time to invest in Nigeria”, Elumelu, in India, urges Indian investors
Heirs Holdings Group Chairman, Mr Tony Elumelu, at the ongoing Nigeria-India Presidential Roundtable and Conference in New Delhi, India, urged the Indian private...
NNPC Ltd not against sale of shares of Agip Oil to Oando — Muhammad
The Nigerian National Petroleum Company Ltd (NNPCL) says it is not opposed to the sale of the Nigerian Agip Oil Company Limited (NAOC)...
Nigeria now pumps1.67m barrels of crude oil, condensates daily — NNPCL GCEO, Kyari
Nigeria has raised its daily output of barrels of oil and condensates from a million to 1.67 million, Mr Mele Kyari, NNPCL Group...
UBA Chairman, Elumelu, in crucial meeting with Tinubu, says private sector endorses president’s bold decisions
Billionaire philanthropist, investor and Chairman of the United Bank for Africa (UBA), Mr Tony Elumelu, has again hailed the bold decisions taken by...
After the plundering of its commonwealth, Nigeria needs resetting for renewal of its socio-economic infrastructure – Elumelu
“We salute the political will and courage that have been found to address the root causes of issues, to introduce policies for the...
Oil Prices Under Pressure Across The Globe As Economic Concerns Mount
Oil prices fell in Asian trading early on Thursday, losing ground for a fourth consecutive day, as market participants are concerned about the...
Tony Elumelu, intrepid investor, leads Transcorp Group to acquire 60% stake in Abuja DisCo
As Group appoints Ezeafuluke as MD of AEDC The business ingenuity and acumen of Mr Tony Elumelu, Chairman of Transcorp Group has received...
CBN gets Pres.Tinubu’s marching order to reverse Naira slide against other currencies
The Central Bank of Nigeria (CBN) and the Federal Government appear set to reverse the free fall of the Naira. To this end,...
NPA records 3.5m metric tonnes of export in first half of 2023
The Nigerian Ports Authority (NPA) has recorded an increase in exports from its operations in the first half of 2023. This was disclosed...
In a springy leap, Transcorp records impressive revenue of N82.1bn in first half of 2023 up from N62.9bn in 2022
With an impressive revenue of N82.1 billion in first half of the year 2023, Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with...
