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Category: Business

Business Economy headline

Osinbajo test-drives Nigeria’s first locally-assembled electric car

Iheanyi Ejiofor June 15, 2021 No Comments #Osinbajo #Stallion motors #Hyundai #Kona #Test drive

By our reporter| The first locally assembled electric car, Hyundai Kona, was on Tuesday test-driven by Vice -President Yemi Osinbajo. Osinbajo who drove the car during an exhibition tour of…

Read More Osinbajo test-drives Nigeria’s first locally-assembled electric car
Business Economy headline

Inflation rate dropped to 17.93 percent in May-NBS

Iheanyi Ejiofor June 15, 2021 No Comments #Inflation #NBS #Prices #April #May

Nigeria’s inflation rate dropped to 17.93 percent in May from 18.12 in April, according to the ‘Consumer Price Index Report’, released by the National Bureau of Statistics (NBS), on Tuesday.…

Read More Inflation rate dropped to 17.93 percent in May-NBS
Business Economy headline

7 million Nigerians pushed below poverty line in 2020 by rising prices – World Bank

Iheanyi Ejiofor June 15, 2021 No Comments #Nigeria #Worldbank #Poverty

By our reporter| The World Bank has said rPovertyising prices pushed about seven million Nigerians below the poverty line in 2020, the World Bank has said. In a press statement…

Read More 7 million Nigerians pushed below poverty line in 2020 by rising prices – World Bank
Business Economy headline

Buhari flags off NLNG train 7 project, seeks timely completion

Iheanyi Ejiofor June 15, 2021 No Comments #Buhari #NLNG #Oil and Gas #Train 7

By our reporter| President Muhammadu Buhari on Tuesday flagged off the Nigeria Liquefied Natural Gas (NLNG) train 7 project, seeking its timely completion so that the Train 8 project can…

Read More Buhari flags off NLNG train 7 project, seeks timely completion
Business Economy headline

Unchecked borrowing may bankrupt Nigeria – PDP Governors

Iheanyi Ejiofor June 14, 2021 No Comments #PDP Governors # Meeting # Akwa Ibom #NNPC #NIMASA #Borrowing

Chidi Tony| The PDP Governors’ Forum rose from their meeting in Uyo, Akwa Ibom State today berating the operations of NNPC and CBN describing them as unhealthy for the economy…

Read More Unchecked borrowing may bankrupt Nigeria – PDP Governors

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