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Category: Business

Business Economy headline

Global economic downturn: Dangote urges government to protect local industries

Iheanyi Ejiofor July 2, 2024 No Comments #Dangote#Economic downturn#local industries

President of Dangote Group, Aliko Dangote, has advocated for policies that safeguard domestic industries and cultivate them into indigenous champions capable of generating jobs and fostering prosperity in face of…

Read More Global economic downturn: Dangote urges government to protect local industries
Business Economy headline

NNPC declares state of emergency on crude oil production

Iheanyi Ejiofor July 2, 2024 No Comments #crude oil production#NNPC#state of emergency

…Calls for collaboration to reduce production cost In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production…

Read More NNPC declares state of emergency on crude oil production
Business Economy

With Alebiosu, FirstBank transitions to growth consolidation era  

Iheanyi Ejiofor July 2, 2024 No Comments #Firstbank#Olusegun Alebiosu

FirstBank’s 130 years of gripping history is a corporate handbook in many ways. Its fortunes are as great a lesson as its challenges. Its leadership and choice of leaders are…

Read More With Alebiosu, FirstBank transitions to growth consolidation era  
Business Economy headline

Dangote faults CBN’s 26% interest rate

Iheanyi Ejiofor July 2, 2024 No Comments #CBN#Dangote#interest rate#Man#Monetary policy

Our reporter/ Chairman and Chief Executive of the Dangote Group, Aliko Dangote, on Tuesday criticised the latest increment of interest rate to almost 30 per cent by the Central Bank…

Read More Dangote faults CBN’s 26% interest rate
Business Economy headline

FG clears $850m debt to EU airlines

Iheanyi Ejiofor July 2, 2024 No Comments #EU airlines

The federal government has paid up the backlog of debts to European airlines to the tune of $850m. The European Union Ambassador to Nigeria and the ECOWAS, Samuela Isopi, revealed…

Read More FG clears $850m debt to EU airlines

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