Business

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UAC, John Holt on the long road to decline

By Okey Onyenweaku This is not the best of times for sundry profit-oriented businesses, with conglomerates not being an exception. The ravaging effect of the...

NASCON: Steep rise in finance cost cuts shareholders returns

By JULIUS ALAGBE Amidst weak economic performance that has been further pressured by the COVID-19 pandemic, operators in the fast moving consumers' goods sector have...

IMF projection triggers fresh anxiety over Nigerian economic recovery

ByEMEKA EJERE The recent reports of the International Monetary Fund (IMF), suggesting that Nigeria’s economic woes will deepen in 2020 can be everything but good...

New taxes, levies worsen economic hardship

•IMF predicts tougher economic outlook By AYOOLA OLAOLUWA The decision of the Federal Government to introduce more taxes and remove subsidies on several subsidized services in...

N2.3trillion stimulus plan is inadequate to reflate economy —Johnson Chukwu

The Nigerian economy has been struggling with many headwinds this year, which have stunted growth, as the government tries different measures to stimulate growth....

COVID-19: IFC facility boosts FCMB stimulus package

BY EMEKA EJERE The resolve of First City Monument Bank (FCMB), to support businesses weakened by the coronavirus (COVID-19) pandemic to remain viable received a...

Erratic power costs Nigeria N10tn yearly – World Bank

OBINNA EZUGWU Global financial institution, the World Bank has noted that Nigeria's unsteady and unreliable power supply is causing it huge economic losses, estimated at...

Ogun College of Education shuts down over death of staff from Covid-19

By KUNLE IDOWU, Abeokuta Worried by latest development at the Federal College of Education, Osiele, Abeokuta, Ogun State where a staff died of Covid 19 with...
C & I Leasing Plc

C & I Leasing Reports N8.7bn Gross Earnings, Sheds PAT by 56.60%

Adebayo Obajemu C & I Leasing reported a Turnover of N8.659 billion in its unaudited 2020 quarter one result, representing a growth of 10.81% away...

TOP STORIES

Eye on power: Worship centres: Gov. Sanwo-Olu’s act of mercy

By UCHE CHRIS Governor Babajide Sanwo-Olu last week shocked Lagosians and, by extension, the rest of the country, with the announcement suspending the reopening of...

Africa Cup postponed to 2022 due to COVID-19

The Africa Cup has been postponed by one year due to the coronavirus pandemic and is now to be held in Cameroon in January...