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Category: Economy

Business Economy

NLC to hold Workers’ day celebration on Abuja streets as FG blocks use Eagle Square

Iheanyi Ejiofor April 29, 2023 No Comments #May day celebration#NLC

Our reporter/ The Nigeria Labour Congress (NLC) has accused the federal government of denying it the use of the Eagle Square to mark the Workers’ Day celebration scheduled for May…

Read More NLC to hold Workers’ day celebration on Abuja streets as FG blocks use Eagle Square
Business Economy headline

Otedola sells stake in Transcorp to Tony Elumelu -Report

Iheanyi Ejiofor April 29, 2023 No Comments #Femi Otedola#Tony Elumelu#Transcorp

Femi Otedola, chairman of Geregu Power, has exited his 6.3 percent stake in Transnational Corporation Plc (Transcorp), a diversified conglomerate with investments in the power, hospitality and energy sectors. According…

Read More Otedola sells stake in Transcorp to Tony Elumelu -Report
Business Economy

NCC denies incurring N17bn deficit

Iheanyi Ejiofor April 26, 2023 No Comments #NCC

Our reporter/ The Nigerian Communications Commission, NCC, on Tuesday denied the report by an online publication stating that the Commission incurred a deficit of N17bn, after spendingN35 .2bn on personnel,…

Read More NCC denies incurring N17bn deficit
Business Economy headline

AKK gas pipeline project fully funded by NNPCL 70% completed – Kyari

Iheanyi Ejiofor April 25, 2023 No Comments #Ajaokuta-Kaduna-Kano Gas Pipeline Project#NNPC

Our reporter/ The Ajaokuta-Kaduna-Kano Gas Pipeline Project is now 70 percent completed, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari said on Monday.…

Read More AKK gas pipeline project fully funded by NNPCL 70% completed – Kyari
Business Economy

NDIC commences verification of insured depositors of defunct Peak Merchant Bank

Iheanyi Ejiofor April 24, 2023 No Comments #insured depositors#NDIC

In line with its mandate of deposit guaranty and reimbursement of depositors in the event of bank failure, the Nigeria Deposit Insurance corporation (NDIC) has commenced verification of insured depositors…

Read More NDIC commences verification of insured depositors of defunct Peak Merchant Bank

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