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Author: Iheanyi Ejiofor

Business Economy headline

Guinness to exit Nigeria after 75 years as inflation wreaks economic havoc

Iheanyi Ejiofor June 11, 2024 No Comments #Guiness#inflation

Our reporter / The exodus of companies from Nigeria over hostile operating environment continued on Tuesday with Plc Guinness announced plan sell off its controlling shares to Singaporean conglomerate Tolaram…

Read More Guinness to exit Nigeria after 75 years as inflation wreaks economic havoc
Business Economy headline

NNPC denies report on Inflated subsidy claims

Iheanyi Ejiofor June 10, 2024 No Comments #NNPC#Olufemi Soneye#Subsidy claims

Our reporter/ The The Nigerian National Petroleum Company Limited (NNPC Ltd) has denied reports in a section of the media alleging that it inflated subsidy claims by N3.3trillion. In a…

Read More NNPC denies report on Inflated subsidy claims
Business Economy headline

Heritage Bank Liquidation: CBN assures safety of Banking system, depositors’ funds

Iheanyi Ejiofor June 10, 2024 No Comments #CBN#Heritage bank#Keystone bank#Polaris Bank#Unity bank

The Central Bank of Nigeria (CBN) on Monday assured that the banking system and depositors’ funds are safe. The apex bank’s acting spokesperson Sidi Ali Hakama, gave the assurance during…

Read More Heritage Bank Liquidation: CBN assures safety of Banking system, depositors’ funds
headline Politics

Aircraft carrying Malawi vice-president goes missing

Iheanyi Ejiofor June 10, 2024 No Comments #Malawi#Saulos Chilima

An aircraft carrying Malawi’s Vice-President Saulos Chilima and nine others has gone missing, a statement from the president’s office has said. The Malawi Defense Force aircraft “went off the radar”…

Read More Aircraft carrying Malawi vice-president goes missing
headline News

N2.8 billion Fraud: EFCC opens case against ex-aviation minister Sirika, daughter

Iheanyi Ejiofor June 10, 2024 No Comments #Hadi Sirikaefcc

The Economic and Financial Crimes Commission (EFCC) at the Maitama Division of the Federal Capital Territory (FCT) High Court opened its case of alleged N2.6 billion fraud against former Aviation…

Read More N2.8 billion Fraud: EFCC opens case against ex-aviation minister Sirika, daughter

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