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Category: Economy

Business Economy

Julius Berger holds investor relations forum

Iheanyi Ejiofor November 2, 2022 No Comments #Julius Berger #investors forum

·“The Company, today, is endowed with the largest market share, and have limited competition of similar scale, quality, and financial capacity….”, says Managing Director, Engr. Dr. Lars Richter Julius Berger…

Read More Julius Berger holds investor relations forum
Business Economy

Report: Glencore moved bribe cash in private jets to Nigeria – UK prosecutors

Iheanyi Ejiofor November 2, 2022 No Comments #Glencore

Employees and agents of Glencore, a British subsidiary of mining and trading group, delivered cash in private jets to oil officials in West Africa including Nigeria, according to UK prosecutors.…

Read More Report: Glencore moved bribe cash in private jets to Nigeria – UK prosecutors
Business Economy headline

CBN’s Naira redesign policy purely political, has no basis in economics – Obaseki

Iheanyi Ejiofor November 2, 2022 No Comments #CBN #Naira redesign #economic basis #political #Obaseki

Our reporter| Edo state governor, Godwin Obaseki on Wednesday criticised the decision of the Central Bank to redesign the naira, describing it as purely a political move with no economic…

Read More CBN’s Naira redesign policy purely political, has no basis in economics – Obaseki
Business Economy headline

Emefiele describes eNaira as a monumental success, says N8bn transactions recorded in a year

Iheanyi Ejiofor November 2, 2022 No Comments #eNaira #Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), on Wednesday, described eNaira as a monumental success, noting that the value of transactions on the platform has hit $8…

Read More Emefiele describes eNaira as a monumental success, says N8bn transactions recorded in a year
Business Economy headline

Addax Petroleum exits four oil blocks, transfers assets to NNPC

Iheanyi Ejiofor November 2, 2022 No Comments #NNPC #Oil blocks

Our reporter| The Nigerian National Petroleum Company (NNPC) Limited on Tuesday confirmed that Addax Petroleum Development Nigeria has transferred four major oil mining leases (OMLs) to the national oil company…

Read More Addax Petroleum exits four oil blocks, transfers assets to NNPC

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