Business/Economy

Legend Internet to list two billion shares on NGX CHIGOZIE AMADI Legend Internet Plc will be listed on the Main Board of the Nigerian Exchange Limited by introduction on April 24, 2024. In a statement made available...

Manufacturers record N2tn unsold finished goods CHIGOZIE AMADI The Manufacturers Association of Nigeria has reported a rise in the amount of unsold finished goods in 2024, stating that it rose to N2.14tn and attributed this to...

FG eyes power generation, jobs through sugar master plan CHIGOZIE  AMADI The Federal Government has launched the Nigeria Sugar Master Plan II, an ambitious initiative that looks beyond sugar production to include the significant generation of...

Money supply hits N114tn despite CBN’s tightening measures CHIGOZIE AMADI Nigeria’s broad money supply rose to N114.22tn in March 2025 despite aggressive monetary tightening by the Central Bank of Nigeria, which raised the Cash Reserve Ratio...

Union Bank rewards customers with motorcycles, cash prizes   Union Bank of Nigeria has rewarded another set of customers in its ongoing Save and Win Palli Promo 4 campaign. According to a statement on Monday, six lucky...

FG generates N6.96bn from mining fees CHIGOZIE AMADI The Federal Government, through the Ministry of Solid Minerals Development, generated N6.96bn in mining fees and registered 118 new private mineral buying centres in the first quarter of...

Minister refutes Enugu airport concession claims CHIGOZIE AMADI The Minister for Aviation and Aerospace Development, Festus Keyamo, has denied a media report claiming that a lengthy concession period had been agreed upon for Enugu International Airport. While...

Onne terminal receives 6, 606-foot capacity vessel CHIGOZIE AMADI The Onne Multipurpose Terminal in Rivers State has successfully hosted a 6,606-foot equivalent unit vessel named Kota Carum. The terminal operator announced this in a statement on Monday....

You can’t discuss AMCON sunset with over N4trn outstanding debt –Lawmakers   The Chairman, House of Representatives Committee on Banking & Ancillary Institutions, Eze Nwachukwu Eze, has said that the committee remains fully committed to partnering with...

Retirees abandon retirement pension plan over failed scheme     Retirees may have abandoned the Retiree Life Annuity, RLA, pension payment plan following the crisis that hit the segment last year. RLA is a stream of monthly or quarterly...