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Category: Economy

Business Economy headline

CBN to increase capital base of Banks to meet $1 trillion economy

Iheanyi Ejiofor November 25, 2023 No Comments #Bank recapitalisation#Cardoso#CBN

Our reporter/ The Central Bank of Nigeria (CBN) on Friday revealed plans to increase the capital base of banks in the country. CBN governor, Olayemi Cardoso who made the disclosure…

Read More CBN to increase capital base of Banks to meet $1 trillion economy
Business Economy headline

Tinubu’s government inherited dead economy, says Soludo

Iheanyi Ejiofor November 24, 2023 No Comments #dead economy#TinubuSoludo

Our reporter/ Anambra state governor, Charles Soludo of Anambra State on Thursday said that the adminsitration of President Bola Tinubu inherited a dead economy. Soludo, who stated this while commenting…

Read More Tinubu’s government inherited dead economy, says Soludo
Business Economy

Minister commends Waltersmith refinery, NCDMB for improving domestic refining capacity

Iheanyi Ejiofor November 23, 2023 No Comments

The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has commended Waltersmith Group and the Nigerian Content Development and Monitoring Board (NCDMB) for supporting the Federal Government agenda of…

Read More Minister commends Waltersmith refinery, NCDMB for improving domestic refining capacity
Business Economy headline

Nigeria will be net exporter of petroleum products in 2024 – NNPC ltd

Iheanyi Ejiofor November 22, 2023 No Comments #net exporter of oil#Nigeria

Our reporter/ The Nigerian National Petroleum Company Limited (NNPCL) on Wednesday said Nigeria will be a net exporter of petroleum products in 2024. NNPCL Group Managing Director, Mele Kyari made…

Read More Nigeria will be net exporter of petroleum products in 2024 – NNPC ltd
Business Economy headline

Again, court admits ex-CBN gov, Godwin Emefiele, to N300 million bail

Iheanyi Ejiofor November 22, 2023 No Comments emefiele

A Federal Capital Territory court on Wednesday admitted the suspended Central Bank of Nigeria, Godwin Emefiele, to bail in the sum of N300 million. Justice Hamza Muazu also ordered Emefiele…

Read More Again, court admits ex-CBN gov, Godwin Emefiele, to N300 million bail

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