Business/Economy

UBA named strongest Nigerian brand CHIGOZIE AMADI United Bank for Africa Plc has emerged as the strongest Nigerian brand in the 2024 Brand Finance ranking, climbing from the ninth position last year to the top spot...

FG tasks new AMCON board on bad loans CHIGOZIE AMADI The Federal Government has inaugurated a new board for the Asset Management Corporation of Nigeria, charging its members to adopt a firmer approach to the recovery...

NECA warns against overreliance on monetary tools CHIGOZIE AMADI The Nigeria Employers’ Consultative Association has expressed concern about the Central Bank of Nigeria’s continued reliance on monetary policy tightening. NECA stated this in a statement on Wednesday...

  …Targets $1.2 billion turnover annually Dangote Petroleum Refinery and Petrochemicals FZE has announced an exclusive partnership with Premier Product Marketing LLC, a Vinmar company, to bring Dangote Polypropylene™ to global markets outside Nigeria and Africa. This...

•Major companies record 51.9% rise in revenue to N1.6trn  •Profit rises 180% to N218.35bn    •Traceable to macroeconomic stability – CPPE  •Backward integration a factor – NACCIMA  •Nigerian Breweries attributes it to financial restructuring CHIGOZIE AMADI At the backdrop of...

•Vows to back reforms to simplify trade regulations CHIGOZIE AMADI The Speaker, House of Representatives, Tajudeen Abbas, has said that more than  75 percent of goods offloaded in the Benin Republic ports are bound for Nigeria, blaming...

Bank charges: More families return to thrift savings CHIGOZIE AMADI As the economy bites hard on the average Nigerian family, the recently increased bank charges may have become one too many for them and, naturally, in...

•To accelerate industrial growth, boost economy by N3trn annually  •••Contribute 20% to manufacturing growth •••Reduce imports by 30%, create 500,000 jobs   The Federal Government has highlighted the economic value to be derived from the ‘Nigeria First’ procurement policy...

.Traders, consumers lament as crayfish price soars in Lagos markets .Price of cattle rises, consumers, butchers groan   CHIGOZIE AMADI An Economist, Ephraim Audu, has attributed insecurity as the primary cause of food inflation in Benue, calling on...

.Insists on practical, proactive measures against debtors CHIGOZIE AMADI The Asset Management Corporation of Nigeria (AMCON) weekend in Abuja disclosed plans to deepen collaboration with all stakeholders especially the Asset Management Partners (AMPs) scheme, which was...