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Category: Economy

Business Economy headline

Blinken in Abuja, says US companies ready to invest in Nigeria

Iheanyi Ejiofor January 23, 2024 No Comments #Anthony Blinken

Our reporter/ The US Secretary of State Anthony Blinken on Tuesday assured of his country’s companies’ readiness to partner with and invest in the Nigerian economy. Blinken, who is on…

Read More Blinken in Abuja, says US companies ready to invest in Nigeria
Business Economy headline

Economy bad under Tinubu, poverty worsening insecurity – Wike

Iheanyi Ejiofor January 23, 2024 No Comments #bad economy#Tinubu#Wike

FCT minister Nyesom Wike says President Bola Tinubu’s gvernment is working to improve the nation’s economy with a view to addressing poverty, one of the drivers of insecurity. Mr Wike,…

Read More Economy bad under Tinubu, poverty worsening insecurity – Wike
Business Economy

Dangote retains first place as Forbes ranks Otedola 20th richest in Africa – Report

Iheanyi Ejiofor January 23, 2024 No Comments

American business magazine, Forbes, has ranked the Chairman of Geregu Power, Femi Otedola, as the 20th richest in Africa with a fortune of $1.1bn. In a publication on Monday, Forbes said Aliko Dangote…

Read More Dangote retains first place as Forbes ranks Otedola 20th richest in Africa – Report
Business Economy headline

‘Largest’ container vessel berths at Lekki seaport, says NPA

Iheanyi Ejiofor January 22, 2024 No Comments #Lekki deep port#NPA

Our reporter/ The Nigerian Ports Authority (NPA) has announced the berthing of the largest container carrier to sail on Nigerian territorial waters. In a statement made available to reporters, NPA…

Read More ‘Largest’ container vessel berths at Lekki seaport, says NPA
Business Economy headline

Nigeria’s poverty rate reduced by 7% over internet exposure – World Bank

Iheanyi Ejiofor January 20, 2024 No Comments #internet exposure#Nigeria#poverty rate#World Bank

Our reporter/ The World Bank has said that improved exposure to Internet and other online materials led to a reduction of poverty rate in Nigeria and Tanzania by 7 per…

Read More Nigeria’s poverty rate reduced by 7% over internet exposure – World Bank

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