Transcorp Hotels Plc has announced the appointment of Mrs. Uzo Oshogwe as the new Managing Director/Chief Executive Officer (MD/CEO), effective January 1, 2025. EKO HOT BLOG reports that Mrs. Oshogwe, who is currently the MD/CEO of Afriland Properties Ltd, brings over 30 years of experience to her new role at Transcorp Hotels. She succeeds Mrs. … Read more
The Nigerian Railway Corporation (NRC) experienced a 13.83% year-on-year revenue growth in the third quarter of 2024, with total earnings of N1.70bn. Ekohotblog reports that this increase can be attributed to a surge in passenger numbers and freight services, as reported by the National Bureau of Statistics (NBS). EDITOR’S PICKS LAWMA Trains Staff of EKSWAMA … Read more
The Federation Account has recorded a 45% increase in revenue since President Bola Ahmed Tinubu assumed office, attributed to his administration’s bold reforms and policies. Dr. Mohammed Bello Shehu, Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), made this announcement during a press briefing in Abuja. EDITOR’S PICKS PDP Declares Ethiope East Federal … Read more
MTN Nigeria plans to adjust call tariffs in response to operational challenges. Initiatives include regulated tariff adjustments and reviewing tower lease contracts. The company seeks to mitigate macro risks, which include FX volatility, through strategic negotiations. EKO HOT BLOG reports that MTN has announced its intention to adjust call tariffs in response to the challenging operational … Read more
The Budget Office of the Federation has warned about Nigeria’s limited borrowing space. The country already has a poor debt-to-revenue ratio, which may lead to financial crisis if exceeded. Despite having a low debt-to-GDP ratio, Nigeria’s debt service ratio is too high as revenue is too small to sustain its debt. EKO HOT BLOG reports … Read more
As a small business owner, you’re always looking for ways to increase your revenue. But with limited resources and stiff competition, it can be tough to know where to start. The good news is that there are proven strategies you can use to boost your small business revenue. EDITOR’S PICKS 5 Unhealthy Habits That You … Read more