Sylvester Enoghase

1 week ago | independent.ng | Sylvester Enoghase

At a time when most Nigerian businesses are grappling with inflation, forex instability, and dwindling investor confidence, the Transnational Corporation Plc (Transcorp Group) is rewriting the narrative, boldly and convincingly. Under the visionary leadership of billionaire investor and philanthropist, Tony Elumelu, Transcorp has not only weathered the storm, but emerged as a towering force in Nigeria’s energy, hospitality, and infrastructure sectors.

2 weeks ago | independent.ng | Sylvester Enoghase

LAGOS – As major economies are set to impose sweeping new tariffs, UN Trade and Development (UNCTAD) alerts that the global trade system is entering a critical phase, threatening growth, investment, and development progress, particularly for the most vulnerable economies. Rebeca Grynspan, UNCTAD Secretary-General, while reacting, said: “This hurts the vulnerable and the poor. “Trade must not become another source of instability.

2 weeks ago | independent.ng | Sylvester Enoghase

LAGOS – Analysts have said the vulnerability of the Nigerian economy to shocks of the current trade war unleashed by President Donald Trump would make victims of the affected countries to seek new bilateral trade relationship and create trade opportunities for Nigerian investors. The tariffs, which he described as ‘reciprocal, to the analysts, fulfill a key campaign pledge and are aimed at pressuring trade partners to lower their own barriers.

2 weeks ago | independent.ng | Sylvester Enoghase

LAGOS  – Analysts have implored the fiscal and monetary policy authorities to calibrate reform policies aimed at preserving price and financial stability in the country. They emphasised that global trade uncertainties are likely to dampen carry trade opportunities, restraining inflows from foreign sources and ultimately affecting overall foreign exchange liquidity in April.

2 weeks ago | independent.ng | Sylvester Enoghase

In a remarkable display of resilience, strategic growth, and operational excellence, BUA Foods Plc, the country’s most valuable food company and a key part of BUA Group conglomerate, has etched its name as Nigeria’s leading consumer goods companies. The company’s financial results for the 2024 fiscal year reveal a record-breaking N1.527 trillion in revenue, a sharp rise of 109.5% from the N729.4 billion it posted in 2023.