Business

providing  authoritative articles on Business, Policy and Finance information

Vitafoam grows PAT by 93.43% in nine months

Adebayo ObajemuVita Foam Plc in its Q3 2020 financial report, achieved a turnover of N16.47 billion, down by 6.03% from the turnover of N17.53...

Farmcrowdy acquires Best foods, pushes to control meat supply

By ADEBAYO OBAJEMUInvestment in farming is risky, but there used to be a time when talking to people into investing in farming was a...

Experts say effective gas sector policies will grow potential of Nigeria’s gas resources

 Mr Antigha Ekaluo, Deputy Director, Gas Monitoring and Regulation, Deportment of Petroleum Resources (DPR), says that effective gas policies would leverage the nation's ability...
Sterling Bank partners Lagos State Government, LASRRA to relaunch LAG ID

Sterling Bank Unveils Imperium Platform for Solar Energy Consumers

Sterling Bank Plc has launched a new and innovative digital product, known as the Imperium Platform, in a bid to connect consumers and providers...

Erratic power costs Nigeria N10tn yearly – World Bank

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

Naira weakens against dollar at parallel market

The naira on Monday depreciated by 0.8 percent to exchange at N265 to the dollar at the parallel market.The greenback lost N2 to the...

Reduce taxes on manufacturers, provide more stimulus, CPPE tells FG

BY EMEKA EJEREThe Centre for the Promotion of Private Enterprise (CPPE) has warned that for the federal government’s aspiration of lifting more Nigerians...

AfDB signs $500m credit insurance deal

The African Development Bank (AfDB) has completed a $500 million credit insurance to protect the bank against the non-payment of loans made to approximately...

Q3 GDP growth: Not yet time to celebrate, say analysts

By FELIX OLOYEDEGovernment cannot roll out drums yet despite Nigeria’s economy recording two consecutive growths after lingering in recession for 16 months, because the...
Bandits kidnap Catholic priest, seminarian in Imo, demand N50m ransom

Bandits kidnap Catholic priest, seminarian in Imo, demand N50m ransom

Bandits have abducted Fr Chinedu Nwadike, the Deputy Registrar of Spiritan University Nneochi, along with a seminarian, Emmanuel Nwafor.Nwadike, a Catholic priest, was...