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Category: Business

Business Economy headline

El-Rufai to head committee that will review ownership of Discos

Iheanyi Ejiofor November 22, 2019 No Comments #El-Rufai to head committee that will review ownership of Discos

Chidi Samuel| The federal government on Thursday named Kaduna state governor, Nasir El-Rufai as the head of an ad-hoc committee to undertake the review of the status and ownership structure…

Read More El-Rufai to head committee that will review ownership of Discos
Business Economy

Senate passes Buhari’s bill on VAT increase

Iheanyi Ejiofor November 21, 2019 No Comments

Ebun Francis|The Senate on Thursday passed the Finance Bill. The bill was passed at plenary after it scaled through the third reading on the floor of the Senate. The bill…

Read More Senate passes Buhari’s bill on VAT increase
Business Economy

Proposed bank strike: stakeholders call for dialogue to avert plan

Iheanyi Ejiofor November 20, 2019 No Comments #Proposed bank strike: stakeholders call for dialogue to avert plan

Some financial experts and stakeholders have appealed to bank unions’ to dialogue with their employers to forestall the proposed operation shut down of banks by Jan. 2. The Association of…

Read More Proposed bank strike: stakeholders call for dialogue to avert plan
Business Economy

Jumia shuts down operation in Cameroon

Iheanyi Ejiofor November 19, 2019 No Comments #Jumia shuts down operation in Cameroon

E-commerce company, Jumia Technologies on Monday, November 18 shut down its operations in Cameroon without notice just as it did in Gabon and Congo Republic; sparking fears and anxiety on…

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Business Economy

Nigeria’s inflation rate hits 11.61%

Iheanyi Ejiofor November 18, 2019 No Comments

The consumer price index, which measures inflation, rose to 11.61% in October. According to the data released by NBS, this is an increase of 0.36 percentage points compared to 11.24%…

Read More Nigeria’s inflation rate hits 11.61%

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