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Category: Business

Business Economy

FG apologises over poor power supply, says eight plants down

Iheanyi Ejiofor April 15, 2021 No Comments #FG apologises over poor power supplysays eight plants down

By our reporter| The Federal Government on Thursday apologised to Nigerians over the current power outages and shortages in various parts of the country. In a series of tweets on…

Read More FG apologises over poor power supply, says eight plants down
Business Economy headline

Buyer of Shoprite business in Nigeria revealed

Iheanyi Ejiofor April 15, 2021 No Comments #Buyer of Shoprite business in Nigeria revealed

A Nigerian property company, Persianas has been revealed as the buyer of Shoprite’s local business in Nigeria. Reuters which made the disclosure, cited multiple sources, including banks. Shoprite, with more…

Read More Buyer of Shoprite business in Nigeria revealed
Business Economy headline

Nigeria’s inflation rate surges to highest in four years

Iheanyi Ejiofor April 15, 2021 No Comments Nigeria's inflation rate surges to four-year high#

By our reporter| The consumer price index, which measures the rate of increase in the price of goods and services, rose to 18.17 percent in March from 17.33 in February.…

Read More Nigeria’s inflation rate surges to highest in four years
Business Economy headline

Obaseki doubles down on claim, asks FG to end ‘monetary rascality’

Iheanyi Ejiofor April 15, 2021 No Comments asks FG to end ‘monetary rascality’ #Obaseki doubles down on claim

The war of words between Edo State Governor Godwin Obaseki and the Minister of Finance, Budget, and National Planning, Zainab Ahmed, intensified on Thursday with Obaseki doubling down on his…

Read More Obaseki doubles down on claim, asks FG to end ‘monetary rascality’
Business Economy headline

Obaseki lied on printing of N60bn by FG – Finance Minister

Iheanyi Ejiofor April 14, 2021 No Comments Obaseki lied on printing of N60bn by FG - Finance Minister#

Ebun Francis| Nigeria’s Minister of Finance, budget, and national Planning Zainab Ahmed on Wednesday denied claims by Governor Godwin Obaseki that the Central Bank of Nigeria printed an additional N50billion…

Read More Obaseki lied on printing of N60bn by FG – Finance Minister

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