Business/Economy

Eight listed companies incur N8.67tn debt – Report CHIGOZIE  AMADI As of December 2024, eight Nigerian companies have seen an increase in their liabilities, reaching a total of N8.67tn. This marks a rise in debt levels,...

•Gain over N1trn in 5 days CHIGOZIE AMADI The stock market sentiment remained mixed last week as more corporate earnings reports hit the market with impressive numbers, spiking buying sentiments, even as some results were below expectation...

JP Morgan delegation meets Edun on investment opportunities CHIGOZIE  AMADI The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, and a high-level delegation from JP Morgan, have met to review investment opportunities in...

Food inflation: Expert tasks governments on storage facilities Mr Olatunde Amolegbe, the Managing Director/Chief Executive Officer, Arthur Steven Asset Management Ltd., has called for a national plan for provision of storage facilities for farmers to...

FG, Ogun boost business, launch $12m CHIGOZIE AMADI The Federal Government and Ogun State have reaffirmed their commitment to easing the process of doing business in the country. This is as they unveiled the Springfield Agro Limited...

•Says estimated $2 billion needed to revamp plant CHIGOZIE AMADI The federal government has defended its decision to carry out another audit of the Ajaokuta Steel Company Limited, despite the previous three in the past, explaining...

Banks Lift Mareva on GHL Accounts as Oil Firm Moves to Challenge Authenticity of FBN’s Audited Account Used for Rights Issue CHIGOZIE AMADI It was another round of victory for General Hydrocarbons Limited (GHL) yesterday as...

•Says inflation could have reached 42.81% by Dec. 2024 without CBN interventions, disinflation within reach, Bagudu hails synergy between fiscal, monetary authorities  •Adedeji: FIRS generated historic N21.6tn in 2024, eyes N25.2tn in 2025   •Sets key deliverables...

•As PEBEC survey lists Enugu as key state for multinationals investment expansion CHIGOZIE AMADI Governor of Enugu State, Dr. Peter Mbah, has assured prospective multinational corporations that his administration would work with them every step of...

•Advises against paying N75,000 to 70 million Nigerians •Describes Chinese loans as worst loans under heaven CHIGOZIE  AMADI The Chief Executive of Economic Associates, Dr. Ayo Teriba, has advised the federal government to sell its public corporations...