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Category: Economy

Business Economy headline

Outrage trails increase in pump price of fuel

Iheanyi Ejiofor July 18, 2023 No Comments #fuel price increase#N617 per litre#NNPC#outrage#Outrage trails increase in pump price of fuel

Our reporter| Nigerians across the country has expressed outrage as they woke on Tuesday to the risen price of Premium Motor Spirit (PMS) popularly known as petrol. The hike in…

Read More Outrage trails increase in pump price of fuel
Business Economy headline

Nigeria’s inflation rate rises to 22.79%

Iheanyi Ejiofor July 17, 2023 No Comments #Inflation #rate

Our reporter/ Nigeria’s Consumer Price Index (CPI) rose to 22.79% in June from the 22.41% recoded in May 2023. This is according to the latest CPI report released by the…

Read More Nigeria’s inflation rate rises to 22.79%
Business Economy headline

CBN reduces tenure of bank MDs to 12 years maximum

Iheanyi Ejiofor July 15, 2023 No Comments #CBN#Tenure of bank MDs

The Central Bank of Nigeria (CBN) has approved a new code of corporate governance which specified that the tenure of a bank’s managing director or chief executive officer (CEO) can…

Read More CBN reduces tenure of bank MDs to 12 years maximum
Business Economy headline

ILO pledges to support Nigeria deliver 2 million digital jobs

Iheanyi Ejiofor July 15, 2023 No Comments #Digital jobs#ILO

Our reporter/ The International Labour Organisation (ILO) has pledged its commitment to help the Tinubu-led administration create over two million digital jobs to reduce unemployment. Vanessa Phala, ILO’s country director…

Read More ILO pledges to support Nigeria deliver 2 million digital jobs
Business Economy headline

Nigerians brace for tariff hike as Discos apply for rate review

Iheanyi Ejiofor July 14, 2023 No Comments #DisCos#electricity tariff hike

Our reporter| The federal government on Friday revealed that the eleven electricity companies in the country have applied for a review of their respective electricity tariffs. Disclosing this through a…

Read More Nigerians brace for tariff hike as Discos apply for rate review

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