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Category: Business

Business Economy

Nigeria’s economic growth slows first time since after recession

Iheanyi Ejiofor May 21, 2018 headline

Emeka Ejere| Nigeria’s economic growth slowed in the first quarter of 2018 for the first time since the country pulled out of recession last year as the non-oil sector struggled,…

Read More Nigeria’s economic growth slows first time since after recession
Business Economy headline

China-style state-led growth won’t work in Africa, Okonjo Iweala warns

Iheanyi Ejiofor May 21, 2018 headline

China has funneled billions of dollars into aid, loans and business deals on the African continent in recent years. But as ties continue to strengthen, a former Nigerian finance minister…

Read More China-style state-led growth won’t work in Africa, Okonjo Iweala warns
Business Economy headline

Nigerian economy maintains strong growth, grew by 1.95% in Q1 2018 – NBS

Iheanyi Ejiofor May 21, 2018 headline

Ebun Francis| The National Bureau of Statistics (NBS) on Monday said that Nigeria’s Gross Domestic Product grew by 1.95 per cent year-on-year in real terms in the first three months…

Read More Nigerian economy maintains strong growth, grew by 1.95% in Q1 2018 – NBS
Business Economy headline

I want to be Africa’s biggest philanthropist – Dangote

Iheanyi Ejiofor May 21, 2018 headline

Africa’s richest man, Aliko Dangote, over the weekend said he wants to be the biggest philanthropist in Africa. The billionaire businessman made the disclosure during the inauguration of the foundation’s…

Read More I want to be Africa’s biggest philanthropist – Dangote
Business Economy headline

Improved trade, FX incomes push Fidelity Bank profit up 7%

Iheanyi Ejiofor May 20, 2018 headline

Despite the tough operating environment, Fidelity Bank plc rode on the back of improved non-interest income, especially tremendous leap in earnings from trade financing and foreign exchange gains, to bolster…

Read More Improved trade, FX incomes push Fidelity Bank profit up 7%

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