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Business

Mar 09, 2020
Yetunde Oluyide has run a gift shop in bustling Lagos for nearly a decade, but with coronavirus curtailing imports of Chinese goods, she is losing more than 2 million naira…
Nigeria’s former Minister of Finance, Dr. Ngozi Okonjo-Iweala has been consulted by the South Africa’s government to help rescue the nation out of recession. South Africa is currently experiencing economic…
Nigeria overtakes South Africa as Africa’s biggest economy. As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy. The answer to…
Mar 04, 2020
In what seemed like the blink of an eye, Mozambique’s known natural gas reserves spiked from nearly nothing to over 165 tcf, placing it as the continent’s third biggest reserve…
Mar 03, 2020
Nigeria’s biggest food company by market value, Nestle Nigeria Plc has reported a 6% leap in its after-tax profit for Full Year 2019.   This and other details are contained…
Mar 02, 2020
The Dangote Group on Saturday said its $2 billion Granulated Urea Fertiliser plant, the biggest in the world, located at Ibeju Lekki, Lagos would begin operation in May. Aliko Dangote,…
Feb 29, 2020
The lawmaker representing Uyo state constituency in the 7th legislature of Akwa Ibom State House of Assembly, Rt Hon. Anietie Eka has stressed the need for more priority attention to…
Feb 28, 2020
Dangote Cement exports from Nigeria to neighbouring countries fell 41% in 2019 when Nigeria’s government closed the land borders.   The development has made the dominant cement company in Africa…
Feb 28, 2020
Coronavirus panic sent world share markets crashing again on Friday, compounding their worst week since the 2008 global financial crisis and bringing the wipeout in value terms to $5 trillion.…
Feb 25, 2020
 ...as Governor's aide tours Made in Akwa Ibom showroom.    Entrepreneurs in Akwa Ibom State have been urged to switch gears from just having a physical business  presence while doing…
The National Bureau of Statistics (NBS) said on Monday the Nigerian economy recorded a 2.27 percent growth last year compared to 2018 when it posted 1.91 percent growth. In its Nigerian Gross…
Feb 24, 2020
Dr Zainab Ahmed, Nigerian Minister of Finance, Budget and National Planning, says the Federal Government will further introduce incentives to boost investments in the nation’s capital market. Ahmed gave the…
Feb 24, 2020
Dangote Group has in the last five years invested over N63bn in the South East with the purchase of over 3,500 units of locally assembled Shacman trucks at the production…
Feb 24, 2020
Coronavirus outbreak is causing havoc in the crude oil market. Prices tumbled more than 2% on Monday, with investors worried about a hit to demand as the virus spreads rapidly…
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