Business & Economy

China Development Bank grants first $254.76 million loan to railway project in Nigeria

China Development Bank grants first $254.76 million loan to railway project in Nigeria China Development Bank (CDB) released on Tuesday that the bank has recently...

Hunger humbles Nigerians as FG’s food import waiver fails

Several Nigerian families are struggling to have three square meals in 24 hours as the federal government’s promised food import waiver on essential food...

Landmark Africa to relocate headquarters from Lagos after beach demolition, expand to two African countries 

Landmark Africa to relocate headquarters from Lagos after beach demolition, expand to two African countries   Landmark Africa, the company behind the Landmark Beach Resort in...

Court rules Canadian financier can repossess Arik Air aircraft under Cape Town Convention 

Nigeria’s Federal High Court in Lagos has ruled that Export Development Canada (EDC), a Canadian financier, can repossess an aircraft leased to Arik Air,...

Five companies that delivered over N1 trillion to investors in 2024 

In 2024, the Nigerian Exchange (NGX) demonstrated resilience amidst challenging economic conditions, with the All-Share Index (ASI) posting a 37.65% year-to-date (YtD) gain.   While this...

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