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Category: Business

Business Economy headline

CBN clears ‘valid’ FX transactions to eliminate legacy backlog

Iheanyi Ejiofor March 21, 2024 No Comments #CBN#FX transactions#Legacy backlog

Our reporter/ The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs of s$7 billion have now been settled, fulfilling a key pledge of its Governor, Olayemi Cardosoo.…

Read More CBN clears ‘valid’ FX transactions to eliminate legacy backlog
Business Economy headline

Reps extend 2023 supplementary budget implementation by three months

Iheanyi Ejiofor March 20, 2024 No Comments #Supplementry budget

The House of Representatives has amended the 2023 Supplementary Appropriation Act to allow for an extension in the implementation of capital projects. In an accelerated hearing on Wednesday, the parliament…

Read More Reps extend 2023 supplementary budget implementation by three months
Business Economy headline

Kyari calls for differentiated energy transition for Africa

Iheanyi Ejiofor March 20, 2024 No Comments

-Says FID on Nigeria Morocco Gas Pipeline to be Taken in December  As global calls for transition to cleaner energy fuels continue to grow, the Group Chief Executive Officer of…

Read More Kyari calls for differentiated energy transition for Africa
Business Economy headline

From Geometric to Alaoji power plant, Otti pushes ahead for stable electricity in Abia

Iheanyi Ejiofor March 20, 2024 No Comments #Alaoji power plant#Alex otti#Geometric

Having literally solved the problem of power generation and distribution in Aba and eight other local governments, through the Geometric Integrated Power Project, Abia State Governor, Dr. Alex Otti, OFR,…

Read More From Geometric to Alaoji power plant, Otti pushes ahead for stable electricity in Abia
Business Economy headline

Zenith Bank appoints Adaora Umeoji as new group CEO 

Iheanyi Ejiofor March 19, 2024 No Comments #Adaora Umeoji#Zenith Bank

Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central…

Read More Zenith Bank appoints Adaora Umeoji as new group CEO 

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