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Category: Business

Business Economy headline

Naira redesign: Buhari asks for seven days to resolve crisis

Iheanyi Ejiofor February 3, 2023 No Comments #Buhari#Naira redesign

Our reporter| President Muhammadu Buhari has asked Nigerians to give him seven days to resolve the cash crunch following the Central Bank of Nigeria (CBN)’s redesigning of the naira notes.…

Read More Naira redesign: Buhari asks for seven days to resolve crisis
Business Economy headline

Zainab Ahmed says, Moody’s downgrade shocking, expects better rating from S&P

Iheanyi Ejiofor February 3, 2023 No Comments #Moody's rating

Our reporter| Nigeria’s minister of finance, budget, and national planning, Zainab Ahmed, on Thursday, said she is shocked by the recent downgrade of Nigeria’s credit rating by Moody’s Investors Service,…

Read More Zainab Ahmed says, Moody’s downgrade shocking, expects better rating from S&P
Business Economy Life

Buhari felicitates with FIRS chairman, Muhammad Mamman Nami at 55

Iheanyi Ejiofor February 3, 2023 No Comments

Our reporter/ President Muhammadu Buhari on Thursday sent felicitation message to the Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Mamman Nami on his 55th birthday. In a…

Read More Buhari felicitates with FIRS chairman, Muhammad Mamman Nami at 55
Business Economy

Moody’s downgrades 9 Nigerian banks

Iheanyi Ejiofor February 2, 2023 No Comments #downgrades#Moody's#Nigerian banks

Moody’s Investors Service has downgraded all the 9 Nigerian banks that it rates, saying the action follows from its downward review of Nigeria’s rating last week. The banks involved are…

Read More Moody’s downgrades 9 Nigerian banks
Business Economy headline

Naira swap necessary ‘pain’ for Nigeria’s economy, says FG

Iheanyi Ejiofor February 2, 2023 No Comments #Naira swap#neccessary pain

Our reporter| Following the current hardship faced by Nigerians over the redesign of the new naira note, the Federal Government on Thursday expressed concern but describes the pain as transient.…

Read More Naira swap necessary ‘pain’ for Nigeria’s economy, says FG

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