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Category: Business

Business Economy

Fidelity Bank appoints Nneka Onyeali-Ikpe MD-designate

Iheanyi Ejiofor July 21, 2020 No Comments #Fidelity Bank appoints Nneka Onyeali-Ikpe MD-designate

Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the appointment of Mrs. Nneka Onyeali-Ikpe, as the incoming Managing Director/Chief Executive Officer, effective Jan.…

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Business Economy

CBN injects N26.27 bn to fund 20 health projects

Iheanyi Ejiofor July 20, 2020 No Comments #CBN injects N26.27 bn to fund 20 health projects

The Central Bank of Nigeria (CBN), on Monday, said it has so far funded 20 projects valued at N26.278 billion under the N100 billion credit support intervention for the health…

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Business Economy headline

CBN retains benchmark interest rate at 12.5%

Iheanyi Ejiofor July 20, 2020 No Comments #CBN retains benchmark interest rate at 12.5%

By our reporter| The monetary policy committee of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR) at 12.5 percent. CBN governor,Godwin Emefiele, who announced the…

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Business Economy

FAAC shares N651.18bn to FG, states, LGs in June

Iheanyi Ejiofor July 19, 2020 No Comments #FAAC shares N651.18bn to FGLGs in JuneStates

The Federation Accounts Allocation Committee (FAAC) has shared N651.18 billion Federation Account Revenue to the federal, states and local government councils and relevant agencies for the month of June. Mr…

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Business Economy headline

Inflation rises by 12.56% in June – NBS

Iheanyi Ejiofor July 17, 2020 No Comments #Inflation rises by 12.56% in June - NBS

Nigeria’s inflation rate rose to 12.56 per cent in June, as prices of basic food items surged, the NBS said on Friday. According to the latest report on the consumer…

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