Business

Transcorp Power Plc, a subsidiary of the Transcorp Group, has recorded impressive financial results for the year ending 2024, marking significant growth in both revenue and profitability. In its audited…

The Trade Union Congress (TUC) of Nigeria has firmly opposed the proposed increase in Value Added Tax (VAT) from the current rate of 7.5% to 10%, with potential increments to…

Dangote Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit, commonly known as petrol, lowering it from ₦950 to ₦890 per litre. The decision, which took…

The Nigerian Naira took another hit in the official foreign exchange market, trading at N1,498.98 to a Dollar on Monday. The latest figures from the Central Bank of Nigeria (CBN)…

Nigeria is positioning itself as a leading destination for global investments, leveraging a stable exchange rate and improved fiscal transparency to attract investors. Minister of Finance and Coordinating Minister for…

The Dangote Refinery, a 650,000 barrels-per-day (bpd) facility in Lagos, Nigeria, has been described as a “world miracle” by Masahiro Tsuno, Managing Director of Limited, during a recent visit by…

Nestlé, the world’s largest packaged food company, has once again proven its resilience by surpassing sales forecasts, delivering stronger-than-expected revenue growth in 2024. However, while the Swiss multinational has managed…

In 2024, the Nigerian capital market stood as a testament to remarkable resilience and adaptability, defying macroeconomic challenges and policy shifts to carve out a year of transformation. Despite the…

Access Bank PLC, the flagship subsidiary of Access Holdings PLC, has been named the Global Bank of the Year 2024 by THISDAY Newspapers, cementing its position as a leading force…

Stanbic IBTC Pension Managers has further strengthened its commitment to youth empowerment by investing N50 million into Nigerian talents across fashion, technology, music, and dance through the third season of…