Business Archives - The Cheer News

Transcorp Unveils New Strategic Vision For Nigeria’s Largest Listed Conglomerate

EDITORApril 30, 2020April 30, 2020

by EDITORApril 30, 2020April 30, 20200239

President/Group CEO of Transcorp, Owen Omogiafo BY DAYO ADESULU Shareholders of Transnational Corporation of Nigeria Plc (Transcorp) have congratulated the Board and management for

Banks Breaking News Business

GTBank Maintains Steady Growth, Posts N58.2b Profit In Q1

EDITORApril 29, 2020

by EDITORApril 29, 20200223

BY LEVI JOHNSON The first quarter with a pre-tax profit of Guaranty Trust Bank (GTBank) Plc rose to N58.2 billion within the three-month period across

Breaking News Business

Ecobank Group And AUDA Collaborate To Support African MSMEs

EDITORApril 22, 2020April 22, 2020

by EDITORApril 22, 2020April 22, 20200243

BY DAYO ADESULU Chief Executive Officer, African Union Development Agency (AUDA-NEPAD), Dr Ibrahim Assane Mayaki and Ecobank Group Chief Executive Officer, Mr Ade Ayeyemi have

Breaking News Business

Helpline To Keep Nigeria Moving Is Diversification From Oil

EDITORApril 21, 2020

by EDITORApril 21, 20200141

BY SALAUDEEN LUKMAN The obvious lips service paid to the practical diversification of Nigeria oil economy by successive Governments from 70s till date Under President

Business

Nigeria Q4 2019 GDP: Telecoms, Construction, Cement Sectors Standout

EDITORMarch 3, 2020March 3, 2020

by EDITORMarch 3, 2020March 3, 20200228

BY DAYO ADESULU Research analysis has shown that the Nigeria Q4 2019 GDP report of last week came with mixed feelings from stakeholders, as only

Business

WAPCo Completes Cleaning, Inspection Of Badagry To Ghana

EDITORMarch 2, 2020

by EDITORMarch 2, 20200261

BY DAYO ADESULU West African Gas Pipeline Company Limited (WAPCo) said it has completed the cleaning and inspection of its 20-inch offshore pipeline from Badagry

Breaking News Business

CBN Injects $218m Into Secondary Market Intervention Sales

EDITORFebruary 8, 2020February 8, 2020

by EDITORFebruary 8, 2020February 8, 20200208

Bank’s Director, Corporate Communications Department of Central Bank of Nigeria (CBN), Isaac Okorafor said the apex bank has injected $218.41million into the Retail Secondary Market Intervention

Business

NNPC & Russia’s Lukeoil Partner On Commercial Relationship Elevation

EDITOROctober 24, 2019October 24, 2019

by EDITOROctober 24, 2019October 24, 20190388

Nigeria and Russia on Thursday in Sochi, Russia, signed an important Memorandum of Understanding (MoU), which will enable both countries’ oil giants, Nigerian National Petroleum

Breaking News Business

World Bank’s 2020 Doing Business Index: Lauds Nigeria’s 131 Out-of 190 Position

EDITOROctober 24, 2019October 24, 2019

by EDITOROctober 24, 2019October 24, 20190398

President Muhammadu Buhari has expressed delight with the World Bank’s 2020 Doing Business Index (DBI) which ranked Nigeria 131 out of 190 countries, up 15

Business

Lagos Signs Lekki Seaport $629m Chinese Injected Project

EDITOROctober 23, 2019

by EDITOROctober 23, 20190318

Nigeria’s first deep seaport sited in Lekki area of Lagos, will in 30 months time be delivered as the state governor, Mr Babajide Sanwo-Olu, on