Economy

The President of the National Union of Air Transport Employees (NUATE), Ben Nnabue, has warned that the continued deduction of 50 per cent from the internally generated revenue (IGR) of …

The Financial Reporting Council of Nigeria (FRC) has said that Nigeria’s economy cannot be classified as hyperinflationary, despite rising inflation and concerns raised by the International Monetary Fund (IMF) and …

Access Holdings Plc has posted a profit after tax of ₦182.8 billion for the first quarter of 2025, reflecting a 14.7 percent increase compared to the ₦159.3 billion reported in …

The Agricultural and Allied Group of the Lagos Chamber of Commerce and Industry (LCCI) has said Nigeria must invest at least $538 million every year for 10 years to grow …

Stakeholders in Nigeria’s pharmaceutical industry have expressed concern that the recently introduced two-year import duty and VAT waiver on pharmaceutical raw materials may fall short of expectations unless the Federal …

The Ogun State Government and ARISE Integrated Industrial Platforms (ARISE IIP) have committed a $400 million investment to develop the Industrial Platform Remo Free Zone (IPRFZ), a new public-private partnership …

Guaranty Trust Holding Company Plc (GTCO) has reported a profit before tax of N300.4 billion for the first quarter of 2025, reinforcing its reputation as one of Nigeria’s most resilient …

Presco Plc, one of Nigeria’s major palm oil producers, has reported strong financial results for the first quarter of 2025, showing significant growth across key performance areas. The company’s unaudited …

The landing cost of Premium Motor Spirit, popularly known as petrol, has now risen to an average of N870 per litre, according to data from the Major Energies Marketers Association …

Sterling Bank Plc is expanding its Zero Transfer Fees campaign into a broader social impact initiative by providing free bus rides to commuters across Lagos, giving relief to thousands of …