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Category: Economy

Business Economy

Kyari not receiving gratuity worth billions while in service, says NNPC

Iheanyi Ejiofor April 17, 2023 No Comments #NNPCMele Kyari

Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited on Monday denied claims that Mele Kyari, group chief executive officer (GCEO), and Umar Ajiya, chief financial officer (CFO), are receiving…

Read More Kyari not receiving gratuity worth billions while in service, says NNPC
Business Economy headline

Dangote Sugar pays N18.22bn dividends, to produce 170,000 Tonnes next season  

Iheanyi Ejiofor April 16, 2023 No Comments #Dangote Sugar#dividend

Despite the economic headwinds that characterised 2022, Dangote Sugar Refinery Plc (DSR) will pay N18.22 billion as dividends to shareholders for the year ended December 31, 2022, while also targeting…

Read More Dangote Sugar pays N18.22bn dividends, to produce 170,000 Tonnes next season  
Business Economy headline

Nigeria’s inflation rate for March surges to 22.04%

Iheanyi Ejiofor April 15, 2023 No Comments #Inflation #rate

Our reporter/ Nigeria’s inflation rate rose to 22.04% in March 2023 compared to February 2023 headline inflation rate which was 21.91%. According to the National Bureau of Statistics (NBS)’s Consumer…

Read More Nigeria’s inflation rate for March surges to 22.04%
Business Economy headline

Dangote Cement pledges higher returns, value to shareholders, stakeholders  

Iheanyi Ejiofor April 13, 2023 No Comments #Dangote cement

Chairman of Dangote Cement Plc, Aliko Dangote has guaranteed shareholders and other stakeholders of the company’s management’s resolve to keep the company profitable by leveraging on strategic innovations for the…

Read More Dangote Cement pledges higher returns, value to shareholders, stakeholders  
Business Economy headline

OECD, Nigeria meet on maximising benefits of two-pillar tax solution

Iheanyi Ejiofor April 13, 2023 No Comments #OEDC#two Pillar tax solution

Nigeria to continue to participate in rules development in the interest of the country and Africa … A delegation from the Organisation for Economic Co-operation and Development (OECD) met with…

Read More OECD, Nigeria meet on maximising benefits of two-pillar tax solution

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