Business & Economy

Maureen Aguta   Forbes has released its annual list of the world’s billionaires and in 2024, there are more people on the list than ever – and they’re richer than ever. There are 141 more billionaires in the world than…

By Editor   For the second time in seven days, the Central Bank of Nigeria (CBN) on Monday slashed the exchange rate for computing Customs Duty at the nation’s ports from N1,617.96/$ to N1,593.41/$ representing 1.5 per cent…

Nigeria’s headline inflation has moved to 31.70 per cent in February, according to the latest data by the National Bureau of Statistics (NBS). The NBS released the figure on Friday afternoon with the latest data a rise from the…

Joseph Irikefe   The Pro-Chancellor of Olivia University, Burundi and Chairman of the Nigeria-Burundi Business Council, Sir Paul Chukwuma has predicted that the South East will become a bastion of manufacturing in the next…

Maureen Aguta   The Co-Founder of civic group Budgit, Seun Onigbinde, has said that Senator Abdul Ningi was right that there was no detailed project allocations for about N3.7 trillion of the N28.78 trillion 2024…

Maureen Aguta Indication at the weekend was that the Federal Government is working towards submitting an application for Nigeria to join international organisation, BRICS Club. This was made known in a post shared…

  Nigerians, especially the low and middle-income earners, have cried out over the present high cost of cement saying they will no longer be able to own their houses in the country. This is just as the Real Estate Developers…

Joseph Irikefe   The National Butchers Association, Oyo State chapter has announced an increase in the price of meat, effective today (Monday). This, the association attributed to the high cost of transportation and other…

Maureen Aguta In a significant move that promises to impact the construction industry positively, the Group Executive Director of BUA Cement PLC, Kabir Rabiu, has announced the company’s commitment to reducing the…

Maureen Aguta Nigeria remains Africa’s largest economy and is the United States’ second-largest trading partner in Africa with two-way trade exceeding $10.6 billion in 2022. According the U.S. Consul General in…