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Category: Business

Business Economy

We ‘have no data’ to back govt’s claim of seven million new jobs-NBS

Iheanyi Ejiofor January 30, 2018 headline

The National Bureau of Statistics (NBS) has no data on the job creation claims made by Chris Ngige, minister of labour and productivity, Yemi Kale, the statistician of the federation…

Read More We ‘have no data’ to back govt’s claim of seven million new jobs-NBS
Business Economy

CBN injects $210m into Forex market

Iheanyi Ejiofor January 29, 2018 headline

…Wholesale segment gets $100m; …SMEs receive $55m boost; …BTA, others get $55m The Central Bank of Nigeria (CBN) on Monday, January 29, 2018, injected another sum of $210 million into…

Read More CBN injects $210m into Forex market
Business Economy

CBN releases $304.4 to Retail SMIs

Iheanyi Ejiofor January 27, 2018 headline

The Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market Intervention Sales (SMIS) of the inter-bank Foreign Exchange Market to the tune of $304,400,000.00. Figures obtained from…

Read More CBN releases $304.4 to Retail SMIs
Business Economy

End fuel queues in seven days, Senate directs NNPC

Iheanyi Ejiofor January 26, 2018 headline

Chidi Samuel || The Senate has given the Nigerian National Petroleum Corporation (NNPC) seven day to bring to an end the lingering fuel crisis in the country. The Senate gave…

Read More End fuel queues in seven days, Senate directs NNPC
Business Economy

Oil prices rise to $70 on strong economy amid OPEC cuts

Iheanyi Ejiofor January 24, 2018 headline

Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth as well as from supply restrictions led by a group of producers around the Organisation of the…

Read More Oil prices rise to $70 on strong economy amid OPEC cuts

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