Business
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...
Tinubu govt.to revert to a CBN-controlled exchange rate system – EIU
The Economic Intelligence Unit (EIU) has predicted in its latest report that the Bola Tinubu administration will soon revert to the regime where...
For fifth consecutive year, Nigeria maintains its position as largest economy in Africa
Nigeria has consolidated its position as the largest economy in African for the fifth year in a row in 2022 with a nominal...
After exiting fuel subsidy shackles, NNPCL begins remittance Into Federation Account, pays N123bn into govt coffers
“Stakeholders said the payment of dividend by the NNPCL attests to the fact that the company under the helmsmanship of the Group Chief...
Cooking gas price set to crash as NNPCL partners UTMOL
“The collaborative initiative will result in the creation of 3,000 direct employment and an additional 4,000 indirect employment” In its bid to make...
NPA records N191.4bn revenue in first half of 2023, remits N55.7bn to nation’s Consolidated Revenue Fund
The Nigerian Ports Authority (NPA) says it has recorded a total revenue of N191.43 billion in the first half of 2023. Of the...
Business growth impediments: Pres. Tinubu inaugurates Oyedele Committee on tax reforms, fiscal policy
In a bid to give a structural fillip to his promise and commitment to remove all impediments to business growth in the country,...
Importers now free to import vehicles through Seme border in Lagos — Official
The Federal Government has approved the re-opening of the Seme border in the Badagry area of Lagos State with the Republic of Benin...
Bharti-Airtel Worldwide boss lauds Tinubu’s scrapping of multiple foreign exchange rates, digital infrastructure for citizens
President Bola Tinubu has been lauded for the scrapping of multiple foreign exchange rates and the introduction of a unified, single exchange rate...
Subsidy Removal: Exploring the Facts behind the Figures By Femi Soneye
With Nigeria’s total debt stock projected to hit N80 trillion by the end of 2023 further subsidy payments could cause a total collapse...
Nigeria leads countries owing foreign airlines, its debt soars to $812m
Nigeria with a huge $812.2 million debt maintains its lead among countries owing foreign airlines collectively about $2.3 billion. The $812.2 million foreign...
