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Category: Economy

Business Economy headline

FirstBank denies allegations of Fraud by Dr Agbai Eke

Iheanyi Ejiofor March 15, 2025 No Comments #Firstbank #Dr Agbai Eke

Nigeria’s foremost financial institution, FirstBank has denied allegations of fraud by Dr. Agbai Eke. According to a statement by Olayinka Ijabiyi, the Bank’s Ag. Group Head, Marketing & Corporate Communications,…

Read More FirstBank denies allegations of Fraud by Dr Agbai Eke
Business Economy headline

Fuel price to drop as landing cost hits N774/litre

Iheanyi Ejiofor March 12, 2025 No Comments #Petrol #Landing cost

The landing cost of premium motor spirit dropped to N774.82 per litre, cheaper than the ex-depot price of Dangote Refinery’s fuel, which stood at N825 per litre. This is according…

Read More Fuel price to drop as landing cost hits N774/litre
Business Economy headline

Nigeria’s stock market down by 0.43%, investors lose N285 billion

Iheanyi Ejiofor March 12, 2025 No Comments #stock market

The stock market on Tuesday witnessed a downturn as performance indices declined by 0.43 per cent. Specifically, the Nigerian Exchange Ltd market capitalisation fell by N285 billion or 0.43 per…

Read More Nigeria’s stock market down by 0.43%, investors lose N285 billion
Business Economy headline

EFCC publishes list of scam companies, warns Nigerians about Ponzi schemes

Iheanyi Ejiofor March 12, 2025 No Comments #EFCC #Ponzi Scheme

The Economic and Financial Crimes Commission has issued a public alert regarding the activities of 58 companies allegedly operating illegal Ponzi schemes under the guise of investment opportunities. The anti-graft…

Read More EFCC publishes list of scam companies, warns Nigerians about Ponzi schemes
Business Economy headline

Reps tell CBN to suspend ATM charges hike

Iheanyi Ejiofor March 11, 2025 No Comments #Reps #CBN #ATM charges

Our reporter/ Following public criticism, the House of Representatives on Tuesday passed a resolution calling for the suspension of the increase in Automated Teller Machine (ATM) transaction charges and the…

Read More Reps tell CBN to suspend ATM charges hike

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