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Category: Economy

Business Economy headline

Q3: Dangote increases cement sales by 6.2% to 20.8mt as it embraces alternative fuel to cut cost

Iheanyi Ejiofor October 30, 2022 No Comments #Dangote cemet

For the third quarter of 2022, the Management of Dangote Cement has recorded an increase in the overall volume of cement sales by 6.2 percent to 20.8metric tons. This was…

Read More Q3: Dangote increases cement sales by 6.2% to 20.8mt as it embraces alternative fuel to cut cost
Business Economy

NCC Staff Eulogise Aliyu, Aninweke in retirement

Iheanyi Ejiofor October 30, 2022 No Comments #NCC

As two management staff of the Nigerian Communications Commission (NCC) complete the final stage of their disengagement with the regulatory body, the staff of the Commission have continued to eulogise…

Read More NCC Staff Eulogise Aliyu, Aninweke in retirement
Business Economy headline

Moody’s downgrades Seplat, Dangote

Iheanyi Ejiofor October 29, 2022 No Comments #Moody's #Downgrade #Dangote #Seplat

Our reporter| Moody’s Investors Service has downgraded the ratings of Seplat Energy Plc, Dangote Cement, and IHS Holdings Limited. Moody’s noted that though the corporates have relative prudent financial policies,…

Read More Moody’s downgrades Seplat, Dangote
Business Economy headline

Naira designation: Due process was followed, says CBN in response to finance minister

Iheanyi Ejiofor October 29, 2022 No Comments #Naira designation #CBN

Our reporter\ Due process was followed in ongoing process to redesign the N200, N500, and N1,000 banknotes, the Central Bank of Nigeria has said. CBN spokesman, Osita Nwanisobi, made this…

Read More Naira designation: Due process was followed, says CBN in response to finance minister
Business Economy headline

CBN didn’t consult finance ministry on redesign of Naira notes – Zainab Ahmed

Iheanyi Ejiofor October 28, 2022 No Comments #Naira notes #Zainab Ahmed

Our reporter| The Central Bank of Nigeria did not consult the finance ministry before taking the decision to redesign naira notes by December, the Minister of Finance, Zainab Ahmed, said…

Read More CBN didn’t consult finance ministry on redesign of Naira notes – Zainab Ahmed

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