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Category: Business

Business Economy headline

N14 billion judgment: Innoson Motors denies retracting position

Iheanyi Ejiofor June 14, 2018 headline

Innoson Motors on Wednesday said its earlier position on the outcome of the Supreme Court sitting in a suit involving GTBank remains valid. The suit involved a temporary motion brought…

Read More N14 billion judgment: Innoson Motors denies retracting position
Business Economy headline

President Buhari to sign the 2018 budget next week

Iheanyi Ejiofor June 14, 2018 headline

Ebun Francis| President Muhammadu Buhari will sign the 2018 budget next week. Femi Adesina, the Special Adviser to the President on Media and Publicity, disclosed this on Wednesday to newsmen…

Read More President Buhari to sign the 2018 budget next week
Business Economy headline

Inflation declines for 16th straight month to 11.61% — below FG’s 2018 target

Iheanyi Ejiofor June 13, 2018 headline

Ebun Francis| Nigeria’s annual inflation has dropped to 11.61% in May, below the federal government’s projection of 12.42% set in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper,…

Read More Inflation declines for 16th straight month to 11.61% — below FG’s 2018 target
Business Economy headline

UTC, Ashaka Cement among 22 firms delisted from NSE

Iheanyi Ejiofor June 13, 2018 headline

Emeka Ejere| The Nigerian Stock Exchange (NSE) expelled no fewer than 22 companies between 2016 and 2017 over non-performance and failure to meet the required post-quotation standards. Data obtained by…

Read More UTC, Ashaka Cement among 22 firms delisted from NSE
Business Economy

CBN Injects $210 million into forex market

Iheanyi Ejiofor June 12, 2018 headline

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market. The apex Bank in its desire to meet customers’ needs in the various segments of…

Read More CBN Injects $210 million into forex market

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