Vitafoam breaks five-year record with 2023 N52bn revenue
Vitafoam Nigeria Plc has recorded the most money from its operations this year, than in the last five years. The PUNCH reported…
Economy
Nipco launches autogas dispensing station in Abuja
Nipco Gas Limited has announced the opening of an auto Compressed Natural Gas station in Kubwa, Abuja, which will supply affordable and…
Transcorp Hotel, tech firms record highest returns
Transcorp Hotels Plc provided investors with a higher return on investment in terms of capital gain in 2023 when compared to other…
FDI drops $471m in five years – NBS
Foreign direct investments into Nigeria have decreased by $470.8 million over the last five years. This followed analysis of various National Bureau…
P’Harcourt refinery to supply 12 states
The Nigerian National Petroleum Company Limited has begun supplying crude oil for the Port Harcourt Refining Company Limited’s test run. The PUNCH…
LCCI predicts reduced inflation in 2024
The President of the Lagos Chamber of Commerce and Industry, Gabriel Idahosa, forecasts that the country’s inflation rate will decrease in 2024. The PUNCH…
Stakeholders praise NSC over planned Nasarawa dry port
Maritime players have applauded the Nigerian Shippers Council’s plans to build an inland dry port in Nasarawa State. The PUNCH reported that…
2023: Companies that exited Nigeria amid economic challenges
Throughout 2023, Nigeria’s business environment grappled with unprecedented challenges, chiefly influenced by the complexities of an election year. Uncertainties surrounding election outcomes…
Nigerian businesses to face worse economic conditions – PwC
PwC Nigeria’s financial analysts predicted that the effects of the government’s most recent economic changes will result in increased business expenses and…
Emefiele: ‘Foreign investors may lose faith in Nigeria’s economy’
By Wilson Adekumola The Agbor professionals business Group has criticized the suspension of the Central Bank Governor, Mr. Godwin Emefiele,…
Nigerians will not die of economic hardship – Ngige
The Minister of Labour and Employment, Chris Ngige, has stated that Nigerians will not die but adapt to the economic hardships in…
How Nigeria can stabilize economy – World Bank
Increased oil revenues are one strategy the Nigerian government can use to regain macroeconomic stability, according to the World Bank. This was…