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Category: Business

Business Economy

82.9 million Nigerians live in poverty – NBS

Iheanyi Ejiofor May 4, 2020 No Comments #82.9 million Nigerians live in poverty – NBS

By our reporter|The National Bureau of Statistics on Monday said that over 82.9 million Nigerians representing 40.1 per cent of the population live in poverty. According to the Bureau’s executive…

Read More 82.9 million Nigerians live in poverty – NBS
Business Economy

Fidelity Bank grosses N6.6bn Q1 profit, reassures stakeholders at AGM

Iheanyi Ejiofor May 4, 2020 No Comments #Fidelity Bank grosses N6.6bn Q1 profitreassures stakeholders at AGM

Fidelity Bank has reassured that it will continue to take measures that will ensure the safety of customers, staff, and other stakeholders during this period. This reassurance was given on…

Read More Fidelity Bank grosses N6.6bn Q1 profit, reassures stakeholders at AGM
Business Economy headline

CBN directs Access bank, others to halt staff lay off

Iheanyi Ejiofor May 3, 2020 No Comments #CBN direct Access bankothers to halt staff lay off

By our reporter| The Central Bank of Nigeria (CBN) and the bankers’ committee on Sunday agreed to suspend lay-offs in banks across the federation. This agreement was reached at a…

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Business Economy headline

Shell accuses Nigeria of hiding EFCC’s reports on OPL 245 – Report

Iheanyi Ejiofor May 1, 2020 No Comments #Shell accuses Nigeria of hiding EFCC’s reports on OPL 245

Royal Dutch Shell has accused the Nigerian government of hiding key reports of investigations by the Economic and Financial Crimes Commission (EFCC) which concluded that there was no fraud in…

Read More Shell accuses Nigeria of hiding EFCC’s reports on OPL 245 – Report
Business Economy Finance | Banking headline

COVID-19: Access Bank to lay off workers, cut salaries

Iheanyi Ejiofor May 1, 2020 No Comments #Access Bank to lay off workerscut salaries

By our reporter| The chief executive officer of Access Bank, plc, Herbert Wigwe, has in a virtual town hall meeting told the staff that the road ahead maybe bumpy and…

Read More COVID-19: Access Bank to lay off workers, cut salaries

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