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Category: Economy

Business Economy headline

Nigeria’s 2023 economic growth prospects upgraded by IMF to 3.2%

Iheanyi Ejiofor February 1, 2023 No Comments #economic growth#forcast#NigeriaIMF

The International Monetary Fund (IMF) has upgraded Nigeria’s economic growth projection to 3.2 percent in 2023. The latest forecast is 0.1 percentage point higher than the 3.0 percent earlier projected…

Read More Nigeria’s 2023 economic growth prospects upgraded by IMF to 3.2%
Business Economy

Public service recognition a morale booster for us, FIRS

Iheanyi Ejiofor February 1, 2023 No Comments #FIRS#public service

The Executive Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that his recognition by the LEADERSHIP Awards as the Newspaper’s Public Service Person of the Year 2022…

Read More Public service recognition a morale booster for us, FIRS
Business Economy

Fidelity grows profit to N52 billion for FY 2022

Iheanyi Ejiofor February 1, 2023 No Comments #Fidelity Bank

Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 bn for the Full Year 2022. This was made known in the Bank’s unaudited statement of…

Read More Fidelity grows profit to N52 billion for FY 2022
Business Economy headline

CBN clarifies old Naira acceptance after deadline, says measure will be subject to certian conditions

Iheanyi Ejiofor January 31, 2023 No Comments #CBN#old naira notes

Our reporter| The Central Bank of Nigeria (CBN) has clarified Tuesday’s position of Godwin Emefiele, the apex bank boss that the old N200, N500, and N1,000 will be accepted after…

Read More CBN clarifies old Naira acceptance after deadline, says measure will be subject to certian conditions
Business Economy

NNPC takes over Addax Petroleum assets

Iheanyi Ejiofor January 31, 2023 No Comments #Addax#NNPC

Our reporter| The Nigerian National Petroleum Company (NNPC) Limited ON Tuesday said it has taken over Addax Petroleum’s production sharing contract (PSC) assets. Addax is owned by Sinopec, a state-owned…

Read More NNPC takes over Addax Petroleum assets

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