Economy

Elumelu Calls on Federal Government to Settle N2 Trillion Debts Owed to GENCOs to Prevent Power Sector Crisis

Tony Elumelu, the Chairman of Transnational Corporation Plc, has called on the federal government to expedite the payment of over N2 trillion in debts...

FBN Holdings Reports Strong Q1 2024 Performance with N238.53bn Profit Before Tax

FBN Holdings Plc announced a profit before tax (PBT) of N238.53 billion for the first quarter (Q1) ended March 31, 2024, reflecting an impressive...

Debate Heats Up Between Labor Unions and Private Sector Over Minimum Wage Demand

At the annual Vanguard Economic Discourse, Nigeria Labour Congress (NLC) President Joe Ajaero and Financial Derivatives Company Managing Director Bismarck Rewane debated the revised...

NUPRC Partners with Schlumberger to Catalyze Upstream Operations Growth

Nigeria’s energy landscape is poised for a significant transformation as the Dangote refinery gears up to commence exports of Euro V diesel alongside gasoline...

Nigeria’s GDP Growth Slows to 2.98% in Q1 2024, Driven by Services Sector

The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s Gross Domestic Product (GDP) growth rate to 2.98% in the first quarter...

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