Macroeconomic and political uncertainties make African real estate unattractive for foreign investments, according to a report by Estate Intel. It noted that the dwindling macroeconomic indicators may affect African real ...
Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment compilation revealed that airlines ...
14 fossil fuel companies in 24 months made profit windfalls of $346.713bn, a report by ActionAid has said. The report has it that the fossil fuel firms, between June 2021 ...
The Founding Partner of Global Infrastructure Partners, Adebayo Ogunlesi will see his net worth grow to $2.3bn dollars once the takeover deal involving investment management company — Blackrock is finalised. ...
The global premium smartphone (with wholesale price ≥$600) market’s sales have been projected to grow by six percent in 2023 to hit a new record, according to Counterpoint Research’s Market ...
Some major fast-moving consumer goods companies, including Cadbury, Guinness Nigeria and Nestle lost the sum of N472.3bn to naira depreciation during the first nine months of 2023, according to a ...
The total assets under the Contributory Pension Scheme rose to N17.66tn as of the end of October 2023. Figures obtained from the National Pension Commission on ‘Unaudited report on pension ...
The manufacturing sector has remitted at least N900.8bn in Company Income Tax and Value Added Tax in the first nine months of 2023, findings by The PUNCH reveal. This is according to ...
The poor state of electricity in Nigeria adds 40 per cent to the cost of manufactured products, a new report by Nanyang Technology University’s Centre for African Studies has stated. ...
Nigeria’s local refineries output has dropped by 92 per cent in 10 years, according to data the Statistical Review of the World Energy 2023 report. The report showed that output ...
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