The house of representatives on Thursday passed the petroleum industry governance bill (PIGB) after removing the provisions President Muhammadu Buhari disagreed with while declining to assent to bill earlier. In…
Read More Reps address Buhari’s concern, passes PIGB billCategory: Business
CBN, MPC holds interest rate 13.5%
The monetary policy committee of the Central Bank of Nigeria (CBN) on Tuesday voted to keep the monetary policy rate at 13.5%. CBN governor, Godwin Emefiele who made the ddisclosure…
Read More CBN, MPC holds interest rate 13.5%Nigeria’s GDP growth slows as oil sector contracts – Report
The National Bureau of Statistics (NBS) on Monday said Nigeria’s economic growth slowed as it recorded a gross domestic product (GDP) of 2.01 per cent in the first quarter of…
Read More Nigeria’s GDP growth slows as oil sector contracts – ReportLoan recoveries pushes Ecobank post-tax profit up 10% in Q1 2019
In spite of the tough operating environment, Pan-African lender, Ecobank rode on the back on significant loan recoveries made to grow its bottom-line in the first three months of 2019.…
Read More Loan recoveries pushes Ecobank post-tax profit up 10% in Q1 2019Governors write Buhari, protests restriction of asses to LG funds by NFIU
The Nigeria Governors’ Forum (NGF) has kicked against the move by the Nigerian Financial Intelligence Unit (NFIU) to restrict the asses of governors in the disbursement of local government funds.…
Read More Governors write Buhari, protests restriction of asses to LG funds by NFIU
