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Category: Business

Business Cover headline

World Bank Report: Number of poor Nigerians increased by 24m between 2018 and 2023

Iheanyi Ejiofor December 15, 2023 No Comments #poor Nigerians#World Bank

The World Bank says poverty rate in Nigeria has increased to 46 percent in 2023, representing 104 million poor Nigerians. This was disclosed in World Bank’s Nigeria development update titled ‘Turning the…

Read More World Bank Report: Number of poor Nigerians increased by 24m between 2018 and 2023
Business Economy

Transparency shall be our bedrock in telecom regulation – Maida  

Iheanyi Ejiofor December 14, 2023 No Comments #Transparency

… Visits Minister to discuss priority areas   The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Dr. Aminu Maida, has pledged that transparency will form the bedrock of…

Read More Transparency shall be our bedrock in telecom regulation – Maida  
Business Economy

NNPC Says crude oil production, price benchmark for 2024 budget realistic

Iheanyi Ejiofor December 14, 2023 No Comments #crude oil production#NNPC#price benchmark

… Pledges to Maintain Level of Dividends Projected in MTEF The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for…

Read More NNPC Says crude oil production, price benchmark for 2024 budget realistic
Business Economy headline

CBN says Nigeria’s inflation to fall, pressures on exchange rate to abate in 2024

Iheanyi Ejiofor December 14, 2023 No Comments #CBN#inflation#Yemi Cardoso

Our reporter/ Nigeria’s inflation rate and the pressures on the exchange rate will reduce in the coming year, Yemi Cardoso, the governor of Central Bank of Nigeria (CBN) has said.…

Read More CBN says Nigeria’s inflation to fall, pressures on exchange rate to abate in 2024
Avaition | Transport Business Economy headline

Tinubu sacks MDs/DGs of FAAN, NAMA, NIMET, NSIB

Iheanyi Ejiofor December 13, 2023 No Comments

Our reporter/ President Bola Tinubu on Wednesday sacked Kabir Mohammed as the managing director (MD) of the Federal Airports Authority of Nigeria (FAAN). According to a statement by presidential spokesman…

Read More Tinubu sacks MDs/DGs of FAAN, NAMA, NIMET, NSIB

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