Business & Economy

...to wrestle lost cargoes from Ghana, Togo, Benin Paul Ogbuokiri As the promoters of the Lekki Deep seaport sets to complete the construction of the first phase of the port in readines for its comissioning by the fourth…

Depositors of Guarantee Trust Holding Company (GTCO) lost a whooping sum of Be.57 billion to fraud and forgery cases between 2020 and 2021, DAILYNEWSWIRENG has learnt. According to analysis of data provided by the bank in its audited…

A high court in Ogun state has ordered Zenith Bank Plc to pay N500,000 as damages for sending spam messages to one Omotola Fathiat Quadri. Quadri had, in the suit marked HCT/605/2021, sued Zenith bank for infringing on her fundamental…

Financial analysts have predicted a further depreciation of the Naira. The economic experts also predicted that Nigeria’s Gross Domestic Product will increase by almost three percent in 2022. The experts made this claim while speaking…

Paul Ogbuokiri The U.S. government is committed to supporting women’s full and free participation in the Nigerian economy as they seek to thrive in the workforce, succeed as entrepreneurs, and create stability and prosperity in…

...As Osinbajo hints on revival of auto sector Paul Ogbuokiri Vice-President Yemi Osinbajo has said that the Federal Government would soon commence revival of Nigeria’s auto industry to complement the huge investments made…

Lt. Colonel (retired) Paul Edor Obi, who was an Administrator of Bayelsa State, Nigeria from July 1998 to May 1999 during the transitional regime of General Abdulsalami Abubakar, was yesterday arraigned before Justice Mojisola Dada of an…

…surprised at scale of investment; says nation set to witness agric boom President Muhammadu Buhari yesterday commissioned the new 3 million Metric Tonnes capacity per annum state-of-the-art Dangote Fertiliser Urea Plant, with…

Nigeria’s price inflation would persist as the tension in Europe has pushed up energy prices, leaving the country to deal with high food prices and inflated prices for diesel and other unsubsidized energy imports. Specifically, Russia is a…

The African Development Bank (AfDB) said that it has secured $32.8 billion in investment commitments for projects in Africa. The largest deal secured at the recent three-day Africa Investment Forum was $15.6 billion for the Lagos-Abidjan…