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Category: Economy

Business Economy

With Alebiosu, FirstBank transitions to growth consolidation era  

Iheanyi Ejiofor July 2, 2024 No Comments #Firstbank#Olusegun Alebiosu

FirstBank’s 130 years of gripping history is a corporate handbook in many ways. Its fortunes are as great a lesson as its challenges. Its leadership and choice of leaders are…

Read More With Alebiosu, FirstBank transitions to growth consolidation era  
Business Economy headline

Dangote faults CBN’s 26% interest rate

Iheanyi Ejiofor July 2, 2024 No Comments #CBN#Dangote#interest rate#Man#Monetary policy

Our reporter/ Chairman and Chief Executive of the Dangote Group, Aliko Dangote, on Tuesday criticised the latest increment of interest rate to almost 30 per cent by the Central Bank…

Read More Dangote faults CBN’s 26% interest rate
Business Economy headline

FG clears $850m debt to EU airlines

Iheanyi Ejiofor July 2, 2024 No Comments #EU airlines

The federal government has paid up the backlog of debts to European airlines to the tune of $850m. The European Union Ambassador to Nigeria and the ECOWAS, Samuela Isopi, revealed…

Read More FG clears $850m debt to EU airlines
Business Economy headline

Dangote refinery boosts gasoil exports to W. African market

Iheanyi Ejiofor July 2, 2024 No Comments #Dangote refinery#gas oil exports

Nigeria’s new Dangote oil refinery is increasing gasoil exports to West Africa, taking market share from European refiners, according to traders and shipping data. The $20 billion refinery, built by…

Read More Dangote refinery boosts gasoil exports to W. African market
Business Economy headline

NNPC Retail debunks “lubricants-for-petrol” claims, lauches probe

Iheanyi Ejiofor June 30, 2024 No Comments #NNPC

Our reporter/ The Nigerian National Petroleum Company Retail on Sunday debunked the claim that customers are obligated to purchase lubricants or engine oil or other products as a precursor to…

Read More NNPC Retail debunks “lubricants-for-petrol” claims, lauches probe

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