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Category: Business

Business Economy headline

Tinubu in policy somersault as NLC reject N500bn palliatives

Iheanyi Ejiofor July 18, 2023 No Comments #NLC#palliatives#Tinubu

Our reporter/ The Nigeria Labour Congress (NLC) on Tuesday slammed the plan of the federal government to distribute N500bn as palliatives to Nigerians and government officials to cushion the effects…

Read More Tinubu in policy somersault as NLC reject N500bn palliatives
Business Economy headline

Nigerians groan as NNPC justifies increase in the pump price of fuel

Iheanyi Ejiofor July 18, 2023 No Comments #Fuel#NNPC

Our reporter/ As Nigerians groan over Tuesday’s hike in the pump price of fuel, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has…

Read More Nigerians groan as NNPC justifies increase in the pump price of fuel
Business Economy headline

Outrage trails increase in pump price of fuel

Iheanyi Ejiofor July 18, 2023 No Comments #fuel price increase#N617 per litre#NNPC#outrage#Outrage trails increase in pump price of fuel

Our reporter| Nigerians across the country has expressed outrage as they woke on Tuesday to the risen price of Premium Motor Spirit (PMS) popularly known as petrol. The hike in…

Read More Outrage trails increase in pump price of fuel
Business Economy headline

Nigeria’s inflation rate rises to 22.79%

Iheanyi Ejiofor July 17, 2023 No Comments #Inflation #rate

Our reporter/ Nigeria’s Consumer Price Index (CPI) rose to 22.79% in June from the 22.41% recoded in May 2023. This is according to the latest CPI report released by the…

Read More Nigeria’s inflation rate rises to 22.79%
Business Economy headline

CBN reduces tenure of bank MDs to 12 years maximum

Iheanyi Ejiofor July 15, 2023 No Comments #CBN#Tenure of bank MDs

The Central Bank of Nigeria (CBN) has approved a new code of corporate governance which specified that the tenure of a bank’s managing director or chief executive officer (CEO) can…

Read More CBN reduces tenure of bank MDs to 12 years maximum

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