Samuel Nwite
AUTHOR: Samuel Nwite
Chinese Manufacturers Halt Production and Seek New Markets as U.S. Tariff Impact Bites
Chinese manufacturers are pausing production and turning to new markets as the impact of U.S. tariffs sets in, CNBC reports, citing companies and analysts.
The...
China Vows to Hit 5% Growth in 2025 as Tariff Showdown with U.S. Intensifies
China has vowed to meet its 5% economic growth target for 2025, using a mix of stronger macroeconomic policies and global outreach, even as...
Transcorp Power Posts 62% (N32.637bn) PAT Q1 2025 Growth
Transcorp Power Plc (formerly Transcorp Power Limited) delivered a powerful first-quarter performance in 2025, reporting a pre-tax profit of N43.283 billion — a 50.43%...
UBA to Raise N144.8bn to Meet Recapitalization Target, Expand Footprint into France and Saudi...
United Bank for Africa Plc (UBA) has announced plans to raise N144.8 billion ($90.2 million) in additional capital this year as part of its...
Smuggled Rice Floods Nigerian Markets, Drives Prices to N58,000 Per 50kg
The price of a 50kg bag of rice has tumbled to as low as N58,000 in parts of Nigeria, especially in border communities, following...