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Category: Business

Business Economy

FBN Holdings appoints Adebowale Oyedeji, ex-Nova Bank MD, as GMD

Iheanyi Ejiofor October 19, 2024 No Comments #FBN #Adebowale Oyedeji #Nova Bank

Our reporter/ FBN Holdings Plc on Friday announced the appointment of Adebowale Oyedeji as group managing director (GMD). According to a statement by FBN Holdings, the appointment of Oyedeji, managing…

Read More FBN Holdings appoints Adebowale Oyedeji, ex-Nova Bank MD, as GMD
Business Economy headline

AfDB to establish $100m investment Bank for Nigerian youths

Iheanyi Ejiofor October 19, 2024 No Comments #AFDB #Entrepreneurship #Adesina #youths #bank

Our reporter/ The African Development Bank (AfDB) on Friday disclosed that it has concluded plans to establish a Youth Entrepreneurship Investment Bank for Nigeria which is part of its support…

Read More AfDB to establish $100m investment Bank for Nigerian youths
Business Economy headline

Adesina laments Nigeria’s poverty rate

Iheanyi Ejiofor October 18, 2024 No Comments #AFDB #Adesina #poverty #Nigeria #Gowon

Our reporter/ The President of the African Development Bank (AfDB) Akinwunmi Adesina on Friday raised concern over the rising poverty levels in Nigeria. Adesina, who spoke in Abuja during the…

Read More Adesina laments Nigeria’s poverty rate
Business Economy headline

129 million Nigerians plunged into poverty under Tinubu’s watch – World Bank

Iheanyi Ejiofor October 18, 2024 No Comments #Poverty #Tinubu #World Bank

The World Bank says 129 million Nigerians are now living in poverty as the Nigerian economy has witnessed slow growth and high inflation, eroding citizens’ purchasing power under President Bola…

Read More 129 million Nigerians plunged into poverty under Tinubu’s watch – World Bank
Business Economy headline

CBN verifying disputed $2.4bn FX claims, says Cardoso

Iheanyi Ejiofor October 17, 2024 No Comments #CBN #FX claims #NSEG #Cardoso #MAN

Our reporter The Central Bank of Nigeria (CBN) is looking into the foreign exchange (FX) re-validation exercise to ascertain complaints of manufacturers and importers over FX claims worth $2.4 billion,…

Read More CBN verifying disputed $2.4bn FX claims, says Cardoso

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