Economy

1021 Articles
Economy

Transcorp Hotels Records Historic N97bn Revenue in 2025, Profit Soars 47%

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has reported a historic revenue of N97.04bn for the 2025 financial year, representing...

Economy

Alternative Bank Executive Calls for Predictable Policies to Boost Blended Finance for Inclusive Growth

The Executive Director, Commercial and Institutional Banking for Lagos and the South-West at The Alternative Bank, Korede Demola-Adeniyi, has called for stronger public-private...

Economy

NCAA Gives Airlines Seven-Day Ultimatum to Add Special Needs Option on Booking Platforms

The Nigeria Civil Aviation Authority (NCAA) has issued a seven-day ultimatum to all domestic airlines operating in the country to integrate a mandatory...

Economy

Elizade JAC Autoland, Sterling Bank Partner to Expand Vehicle Financing Access

Elizade JAC Autoland Limited has entered into a strategic partnership with Sterling Bank Plc to expand access to brand-new vehicles for Nigerians through...

Economy

Petrol Price May Hit N1,000 Per Litre as Global Crude Oil Prices Surge

The pump price of Premium Motor Spirit (PMS), popularly known as petrol, may rise to as much as N1,000 per litre in the...

Economy

Gold Surges Past $5,000 an Ounce, Boosting Africa’s Top Producers

Gold prices surged beyond $5,000 per ounce on Monday, marking an unprecedented milestone amid rising geopolitical tensions, global monetary policy uncertainty, and renewed...

Economy

Over 25 Million Nigerians Require Humanitarian Assistance Annually – Minister

No fewer than 25 million Nigerians require humanitarian assistance each year, the Minister for Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, has...

Economy

10 African Countries with the Smallest Proven Oil Reserves in 2025

Africa’s oil wealth is concentrated in a few countries, leaving many nations with limited crude reserves that play only a minor role in...

Economy

United States Threatens Tariffs on Countries Supplying Oil to Cuba

The United States has threatened to impose tariffs on countries that continue supplying oil to Cuba, escalating its rhetoric toward governments doing business...

Economy

Air Peace Denies Allegations of Misleading Public Over Lagos–São Paulo Route

Nigeria’s largest airline, Air Peace, has rejected claims that it collaborated with the Federal Government to mislead Nigerians over the proposed Lagos–São Paulo...