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Category: Economy

Business Economy headline

Elumelu drives Transcorp market value to $3bn

Iheanyi Ejiofor April 10, 2025 No Comments #Elumelu #Transcorp #Market value

Chairman of Transcorp PLC, Mr. Tony Elumelu, on Wednesday revealed that the company’s market value has surged to $3 billion (N4.5 trillion), up from less than N20 billion in 2011 when…

Read More Elumelu drives Transcorp market value to $3bn
Business Economy headline

FG directs full implementation of Naira-for-crude deal

Iheanyi Ejiofor April 9, 2025 No Comments #FG #Naira-for-crude deal

Our reporter/ The Federal Executive Council has formally ordered the full implementation of the previously suspended Naira-for-Crude agreement with local refiners. The Federal Government said the initiative is not a…

Read More FG directs full implementation of Naira-for-crude deal
Business Economy headline

Nigeria needs 40% annual growth to cushion U.S. tariff impact – Yemi Kale

Iheanyi Ejiofor April 9, 2025 No Comments #Nigeria #Yemi Kale #US tariffs

An economist, Yemi Kale, says Nigeria requires 40 per cent annual growth rate to cushion the potential negative impact of the United States’ (U.S.) recent tariff hike on its one…

Read More Nigeria needs 40% annual growth to cushion U.S. tariff impact – Yemi Kale
Business Economy headline

FG to boost non-oil revenue, economic council to meet over Trump’s tariff

Iheanyi Ejiofor April 8, 2025 No Comments #FG #non-oil revenue #Trump tariffs

Our reporter/ The Minister of Finance, Wale Edun, has said that the Federal Government will boost non-revenue as a means of cushioning the adverse effects to trade tariffs imposed on…

Read More FG to boost non-oil revenue, economic council to meet over Trump’s tariff
Business Economy headline Life

Tinubu mourns as Diamond Bank founder Pascal Dozie dies at 85

Iheanyi Ejiofor April 8, 2025 No Comments #Tinubu #Pascal Dozie

Our reporter/ Pascal Dozie, the founder of the defunct Diamond Bank Plc, is dead. He died on Tuesday, April 8, 2025 at the age of 85. Dozie died a day…

Read More Tinubu mourns as Diamond Bank founder Pascal Dozie dies at 85

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