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    Eterna Plc estimates N130m profit in Q4, targets N1bn year end 

    Eterna Plc sees its winning formula maintained throughout 2025, even as its targeted full-year income was slightly lower compared to its earnings in the previous year. Fourth-quarter net income of the downstream oil company is projected at N130.38 million, representing a 32.13 per cent fall from...
    Business

    MAN commends FG on suspension of re-introduced 4% FOB charge

    The Manufacturers Association of Nigeria (MAN) has commended the Federal Government and the Minister of Finance & Coordinating Minister for the Economy, Mr Wale Edun, over the recent suspension of the reintroduced 4% Free-on-Board charge on imports, which came into effect on August 4,...
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    Economy

    Nigeria Reaffirms Commitment to Strengthen Ties with Indonesia at Second Indonesia-Africa Forum

    Nigeria renewed its dedication to enhancing economic ties with Indonesia during the Second Indonesia-Africa...
    Economy

    Federal Government Approves 50% Electricity Subsidy for Public Hospitals; Eko DisCo Disconnects UNILAG Over N300m Debt

    The Federal Government has sanctioned a 50 percent subsidy on electricity for public hospitals...
    Economy

    Cryptocurrency: 1000 CSOs Applaud FIRS Boss Adedeji’s Efforts In Reforming Nigeria’s Tax System

    About 1000 Coalition of Civil Society Organisations (CSOs) has commended Dr. Zacch Adedeji, Executive...
    Economy

    Kwara First Lady seeks economic empowerment for women

    By Olufemi Oni, Ilorin The First Lady of Kwara State, Ambassador Olufolake AbdulRazaq, has highlighted...
    Business

    Nigeria’s Inflation Rate Climb 34.19 % Amid Rising Food Prices

    National Bureau of Statistics (NBS) on Monday released Nigeria’s inflation figure which now peak...
    Business

    NNPCL Reduces Stake In Dangote Refinery

    “We made a commercial decision to cap our investment at the amount already paid.”...
    Economy

    Nigeria’s Capital Importation Rises By 210% To $3.37 Billion in Q1 2024

      By Milcah Tanimu The National Bureau of Statistics (NBS) has released a report indicating a...
    Economy

    Obasanjo Slams Tinubu’s Economic Policies for Deepening Poverty in Nigeria

    By Milcah Tanimu Former President Olusegun Obasanjo has taken aim at...
    Economy

    Nigerians Defy Economic Challenges, Spending ₦2.2 Billion at Cinemas in Q1 2024

    By Milcah Tanimu Despite the prevailing economic downturn gripping Nigeria, citizens...
    Economy

    FG Reaffirms Commitment to Economic Diversification Through Solid Mineral Sector

    By Milcah Tanimu The Federal Government of Nigeria has reaffirmed its...
    Business

    Nigeria’s Inflation Rate Climbs to 33.69% in April 2024: Key Insights

    By Milcah Tanimu The Nigeria Bureau of Statistics (NBS) has reported a...
    Business

    Increase in electricity tariffs is a day light robbery- Kogi NLC Chairman Amari

    Olu Samuel, Lokoja The Kogi State Chairman, Nigeria Labour Congress, (NLC) Comrade Gabriel Amari has...
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    Business

    Eterna Plc estimates N130m profit in Q4, targets N1bn year end 

    Eterna Plc sees its winning formula maintained throughout 2025, even as its targeted full-year...
    Business

    MAN commends FG on suspension of re-introduced 4% FOB charge

    The Manufacturers Association of Nigeria (MAN) has commended the Federal Government and the Minister...
    Business

    MTN engages US, EU partners to build AI data centres in Africa 

    Africa’s largest telecom operator, MTN Group, is in advanced talks with US and European...
    Business

    Private vehicle owners, conversion centres hijacking free CNG programme -Taxi union

    The President of Painted Abuja Taxis, Shehu Shugaba, has raised concerns over the ongoing...

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