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Category: Business

Business Economy headline

Airlines record safest year on record in 2023 — IATA

Iheanyi Ejiofor February 28, 2024 No Comments #IATA

2023 was the safest ever for commercial air travel, despite a massive rebound in passenger flights, an airline industry group said Wednesday. The only fatal accident of a passenger plane…

Read More Airlines record safest year on record in 2023 — IATA
Business Economy headline

CBN increasing MPR by 400 basis points is overkill; will hurt banks, real sector, experts warn

Iheanyi Ejiofor February 28, 2024 No Comments #CBN#MPR

A financial expert, Uche Uwaleke, says it is an “overkill’’ to increase the country’s Monetary Policy Rate (MPR) to 22.75 per cent from 18.75 per cent. Mr Uwaleke, a professor…

Read More CBN increasing MPR by 400 basis points is overkill; will hurt banks, real sector, experts warn
Business Economy headline

IOC’s Divestment: We facilitate, not hinder process – NNPC Ltd

Iheanyi Ejiofor February 28, 2024 No Comments #IOCs divestment#NNPC

The Nigerian National Petroleum Company Limited (NNPC Ltd), as the largest partner to all the oil producing companies in Nigeria, has assured that its role in the divestment of the…

Read More IOC’s Divestment: We facilitate, not hinder process – NNPC Ltd
Business Economy

Greenville LNG expands Liquefied Natural and Compressed Natural Gas Provision to the Southeast

Iheanyi Ejiofor February 28, 2024 No Comments

…SIGNS AGREEMENT WITH ENUGU STATE GOVERNMENT TO ESTABLISH LNG MOTHER STATION IN ENUGU Nigeria’s pioneer and leading domestic liquefied natural gas (LNG) and compressed natural gas (CNG) company, Greenville LNG,…

Read More Greenville LNG expands Liquefied Natural and Compressed Natural Gas Provision to the Southeast
Business Economy headline

I’m not responsible for Nigeria’s economic woes, says Cardoso

Iheanyi Ejiofor February 27, 2024 No Comments #Cardoso#CBN#economic woes#interest rate#Nigeria

-CBN increases interest rate to 22.75%  Our reporter/ The governor of the central bank of Nigeria (CBN), Olayemi Cardoso, on Tuesday distanced himself and his economic team from the current…

Read More I’m not responsible for Nigeria’s economic woes, says Cardoso

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