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Category: Economy

Business Economy headline

Nigeria needs 60% slash in governance cost, not reduction of travel entourage – Peter Obi

Iheanyi Ejiofor January 11, 2024 No Comments #cost of governance#Government entourage#Peter Obi

Our reporter/ The presidential candidate of the Labour Party (LP) in the 2023 elections, Peter Obi has reacted to the recent decision by the Tinubu led government to reduce the…

Read More Nigeria needs 60% slash in governance cost, not reduction of travel entourage – Peter Obi
Business Economy headline

CBN appoints new executives for Union, Polaris, Keystone Banks

Iheanyi Ejiofor January 11, 2024 No Comments #CBN

Our reporter/ Hours after Wednesday’s dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank, the Central Bank of Nigeria (CBN), the Central Bank of Nigeria…

Read More CBN appoints new executives for Union, Polaris, Keystone Banks
Business Economy headline

CBN sacks boards of Union, Keystone, Polaris and Titan banks

Iheanyi Ejiofor January 10, 2024 No Comments #Keystone#Polaris#Titan tust bank#Union Bank

The Central Bank of Nigeria (CBN) on Wednesday sacked the boards of Union Bank, Polaris Bank, Keystone Bank and Titan Trust Bank. The boards of directors and chief executives of…

Read More CBN sacks boards of Union, Keystone, Polaris and Titan banks
Business Economy headline

Nigeria’s inflation to ease in 2024, economic outlook to improve, says World Bank

Iheanyi Ejiofor January 10, 2024 No Comments #inflation#Nigeria#World Bank

Our reporter/ Nigeria’s inflation should ease in 2024 as the effects of  last year’s foreign exchange (FX) market and petrol subsidy reforms continue to wane, the World Bank has predicted.…

Read More Nigeria’s inflation to ease in 2024, economic outlook to improve, says World Bank
Business Economy headline

NNPC made record breaking N2.5trn profit in 2022

Iheanyi Ejiofor January 10, 2024 No Comments #NNPC

Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited made a profit of N2.548 trillion at the close of the financial year which ended in December 2022. This is contained…

Read More NNPC made record breaking N2.5trn profit in 2022

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