EHIME ALEX

Imota Rice Mill is expected to start churning out rice by November, the Special Adviser to the Lagos State Governor on Agriculture, Oluwarotimi Fashola, has said. The Imota rice mill is an agricultural plant in Ikorodu, a suburb of…

The sign of a troubled economy manifested in the just concluded third quarter when the Nigeria's stock market closed negative, buoyed by adverse performance across all the sector, leading to a N1.48 trillion loss to investors. The…

Nigeria's macroeconomic management framework continues to pose serious challenges to investors in the economy, the Founder/Chief Executive Officer (CEO) of Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf, has said. He…

Operating profit of Savannah Energy Plc fell to $27.9 million in the first half of this year, from $54 million in H1 2021, the group's financial result for the six months ended June, 30 2022, has shown. The company attributes the…

The casualty figures of road crashes in Ankpa in Kogi and Argugun in Kebbi states recently indicated that something drastic must be done to reduce road mishaps in the state, the Federal Road Safety Corps (FRSC) has said. The Acting Corps…

In the face of the growing fundraising market in Africa new start-ups are increasingly facing difficulties, analysis of the current African market by DAI Magister, a boutique investment bank, has shown. According to the bank, just half…

Economic experts are no longer at ease with the aggressive use of interest rate hikes by the Central Bank of Nigeria (CBN) to cushion the effect of inflation on the masses.  Already, inflation has gone mad, hitting a 17-year high at…

The foreign exchange policy of the Central Bank of Nigeria (CBN) is unconventional, frosted with administrative fiat, and berated of market fundamentals, the President of the Association of Bureau De Change Operators of Nigeria (ABCON),…

As the heightened macroeconomic uncertainties, broad-based inflation and weakening global recovery associated with the ongoing Russian-Ukraine war and its reverberating consequences remain unabated, analysts are of the view that the Central…

Investors’ sentiments were again dampened for another week on the floor of the Nigerian Exchange Limited (NGX) following a N241.61 billion loss by investors ahead of the kick-off of electioneering for the 2023 poll in the country. The…