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The largest drug makers in Africa’s most populous nation have used their fixed assets in generating higher profit even amid deteriorating profit margin as they struggle with rising input...

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Markets
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Bank of Japan Ends Negative Interest Rates

The Bank of Japan on Tuesday ended negative interest rates after eight years and unwound most of its unorthodox...

Drug Makers Use Fixed Assets to Generate Higher Sales Amid Deteriorating Profit

The largest drug makers in Africa’s most populous nation have used their fixed assets in generating higher profit even...

Panic in Banks as CBN Sends Special Examiners Over N20trn Owner Related Loans

…as Cardoso refuses to be compromised DOZIE IFEBI Major Nigerian banks are in a state of panic as the new Central...

IEI’s Accounting Shenanigan Mislead Investors

The management and board of directors of International Energy Insurance Plc (IEI) have to explain to investors and the...

BUA Foods vs Dangote Sugar: Which is a Better Investment?

BUA Foods Plc and Dangote Sugar Plc are two of the largest consumer goods firms in Nigeria known for...

Internet Disruption: Submarine Cable Repair May Take Two Weeks, Says MainOne

Submarine cable company, MainOne says it may take up to two weeks to repair undersea cable cut which disrupted...

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Economy
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Nigeria February Inflation Soars to 31.7% as Food Prices Spike

Nigeria’s inflation as measured by the consumer price index (CPI), which measures the rate of change in prices of...

CBN Reports Upsurge In Dollar Inflow as Remittances Quadruple

The Central Bank of Nigeria (CBN) has reported a significant increase in dollar inflow into the economy in February...

CBN Caused Inflation by Carelessly Printing N22trn for Buhari – Edun

Minister of Finance and Coordinating Minister of Economy, Wale Edun, has blamed the Central Bank of Nigeria (CBN) under...

Nigeria Labor Unions Begin Nationwide Protests Over Economic Hardship

Members of the Nigeria Labour Congress (NLC) have started protests in several parts of the country over the biting...

CRR to 35%, Steep MPR Hike, What to Expect From Nigeria’s MPC

There is a meaningful chance the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will raise...

Tinubu Names Dangote, Elumelu, Rabiu Members of Economic Advisory Committee

President Bola Tinubu has set up a tripartite economic advisory committee in what he described as part of his...
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