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Category: Business

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
Business Economy headline

CBN resumes sale of dollars to BDCs

Iheanyi Ejiofor February 27, 2024 No Comments #CBNBDCsdollar

Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday commenced sale of dollars to Bureax De Change (BDC). According to a statement by the apex bank’s director, trade and…

Read More CBN resumes sale of dollars to BDCs
Business Economy headline

Okonjo-Iweala urges favourable regulatory environment for power sector investment

Iheanyi Ejiofor February 27, 2024 No Comments

Director General, World Trade Organisation, Dr Ngozi Okonjo-Iweala, has called on various governments in Nigeria to create proper regulatory environments to ensure the success of investment in the power sector.…

Read More Okonjo-Iweala urges favourable regulatory environment for power sector investment
Business Economy headline

Abia to witness new dawn in generation and distribution of electricity – Otti

Iheanyi Ejiofor February 27, 2024 No Comments #Aba#Alex otti#Geometric powerAbia

Our reporter/ Abia state governor, Alex Otti on Monday said the state is set to witness a new dawn in the generation and distribution of electricity. Otti, who stated this…

Read More Abia to witness new dawn in generation and distribution of electricity – Otti
Business Economy headline

Experts expect tighter monetary policy ahead of CBN’s first MPC meeting under Cardoso

Iheanyi Ejiofor February 25, 2024 No Comments #CBN#Monetary policy

The Central Bank of Nigeria (CBN) has scheduled its first Monetary Policy Committee (MPC) meeting with Yemi Cardoso as governor for Monday and Tuesday. Some economic experts have projected that…

Read More Experts expect tighter monetary policy ahead of CBN’s first MPC meeting under Cardoso

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