Alex Otti
- BUSINESS
ALSCON will require more than $500m to restart production – MD
The Aluminium Smelter Company of Nigeria (ALSCON), Ikot Abasi in Akwa Ibom, will require more than $500 million to restart…
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African Alliance Insurance pays N40bn claims in 4years
The African Alliance Insurance Plc on Thursday said it paid N40 billion as claims between 2019 and 2023. Mrs Joyce…
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Equity market recovers, investors gain N390bn
The Nigerian equity market on Thursday recovered from its three sessions losses, making investors gain N390 billion. Improved buy interest…
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Nestlé Nigeria posts N79.5b loss, despite 22.4% sales increase
Nestlé Nigeria PLC Profit After Tax (PAT) has declared a loss of N79.5 billion for 2023 as Naira devaluation continues…
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Hardship: Man kills son for eating last food portion in kitchen
A man, identified as Marcel Udeh from Umunneochi LGA of Abia State has been arrested by the Police, for allegedly…
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Macron not ruling out ground troops to help Ukraine win war
French President Emmanuel Macron on Tuesday said he would not rule out the deployment of French ground troops in Ukraine.…
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NGX: Equity market opens week on negative trend, drops N51bn
The market capitalisation of the Nigerian Exchange Ltd. (NGX) Monday opened the week on a negative trend dropping by N51…
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Tinubu inaugurates Geometric Power IPP Power in Aba
President Bola Tinubu on Monday inaugurated the 188 megawatts Geometric Power Generating Company in Aba to boost power supply in…
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Geometric Power assures of reliable power supply in Aba by March
The Aba Independent Power Project (IPP), Geometric Power Limited (GPAL), a generating and distribution company, has assured of providing reliable…
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The Nigerian Economic Crises: Before it is too late, By Akpan Ekpo
By Akpan H. Ekpo The Nigerian Economy is at its lowest since Independence. All macroeconomic fundamentals have been moving in the…
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