Free trade zone scheme remains presidential initiative – NEPZA

The Nigeria Export Processing Zones Authority (NEPZA), says the Free Trade Zone (FTZ) scheme in the country is a presidential initiative aimed at propelling...

Guinness FY2020 Results: Red, in the year of the Pandemic

By JULIUS ALAGBE The faces of shareholders of Guinness Nigeria Plc have continued to sour than ever before given the discouraging performance of the Giant...

COVID-19: Mixed performance of the cement industry

…as BUA cement lead in industry profitability By ADEBAYO OBAJEMU The global pandemic has taken its toll on businesses and the economy in general. The cement...

FMN bucks trend in consumer goods

Receives analysts nod for dividend seeking investorsBy JULIUS ALAGBE Flour Mills of Nigeria (FMN) Plc scorecard came stronger than expected as the company bolstered...

Food & Beverages sector performance hobbled by Covid-19

The times appear no longer easy for businesses as every new day comes with bigger operational challenges not only in Nigeria but all over...

CBN launches new mortgage risk guarantee scheme

BY EMEKA EJERE The Central Bank of Nigeria (CBN) is making frantic efforts to reposition the housing financing institutions with a view to stimulating access...

PZ Cussons moves to halt declining fortunes

By AYOOLA OLAOLUWAIn a desperate move to turn around the dwindling fortunes of PZ Cussons Nigeria Plc, the management of the company has introduced...

COVID-19: OGUN moves to reopen recreation centres

KUNLE IDOWU, ABEOKUTAAs part of its plan to reopen recreation activities, Ogun State government has urged business owners to ensure all safety and preventive...

COVID-19: Rising inventory costs dampen manufacturers profit forecasts

...as airlines, boarding schools, hotels, other large consumers remain under lock By AYOOLA OLAOLUWA Despite the significant spike in economic activities occasioned by the partial lifting...

Court orders immediate release of Peter Odili’s seized passport

The Federal High Court sitting in Abuja has ordered the immediate release of international passport belonging to a former Governor of Rivers State,...