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Category: Economy

Business Economy headline

World Bank bans two Nigerian companies, CEO over alleged fraud

Iheanyi Ejiofor January 21, 2025 No Comments #World Bank #Viva Atlantic Limited #Technology House Limited

Our reporter/ The World Bank has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited and Technology House Limited, alongside their Managing Director and Chief Executive Officer, Norman…

Read More World Bank bans two Nigerian companies, CEO over alleged fraud
Business Economy headline

NCC approves 50% tariff hike for Telcos 

Iheanyi Ejiofor January 21, 2025 No Comments #NCC #Telcos #Tariff

Our reporter/ The Nigerian Communications Commission (NCC) has approved a 50% tariff increase for telecoms operators in the country. NCC spokesman, Reuben Muoka who made the disclosure in a statement…

Read More NCC approves 50% tariff hike for Telcos 
Business Economy headline

NBS: Nigeria to rebase GDP and inflation data by month-end

Iheanyi Ejiofor January 20, 2025 No Comments #GDP #rebase economy #Nigeria

Our reporter/ Nigeria will to rebase its gross domestic product (GDP) and inflation data by the end of the month to capture changes in certain sectors of the economy and…

Read More NBS: Nigeria to rebase GDP and inflation data by month-end
Business Economy headline

Increase In pump price of petrol not from us, says Dangote

Iheanyi Ejiofor January 20, 2025 No Comments #Dangote #ex-depot price #Petrol

Our reporter/ The Dangote refinery on Sunday explained that the recent increase in the ex-depot price of Premium Motor Spirit (Petrol) is directly related to the significant increase in global…

Read More Increase In pump price of petrol not from us, says Dangote
Business Economy

Dangote Cement, FBNHoldings, others lift equity market by N53bn

Iheanyi Ejiofor January 19, 2025 No Comments #Dangote #FBNHoldings #equity market

The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO,…

Read More Dangote Cement, FBNHoldings, others lift equity market by N53bn

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