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Category: Economy

Business Economy headline

Peter Obi advocates restriction of borrowing to 5% of previous year’s revenue

Iheanyi Ejiofor August 11, 2022 No Comments #Peter Obi #restriction of borrowing #revenue

By our reporter| Nigeria should restrict borrowings to a statutory 5 percent of the previous year’s revenue, Labour party presidential candidate, Peter said on Thursday. Obi, who gave the advise…

Read More Peter Obi advocates restriction of borrowing to 5% of previous year’s revenue
Business Economy

BridgeGap introduces innovative app, 56 Bridge, to ease recruitment processes, improve efficiency

Iheanyi Ejiofor August 11, 2022 No Comments #Bridgegap

In line with its vision of streamlining human resource functions and processes in the workplace, BridgeGap has launched 56 Bridge, a recruitment app which will revolutionise job applications, improve efficiency…

Read More BridgeGap introduces innovative app, 56 Bridge, to ease recruitment processes, improve efficiency
Business Economy headline

Embattled accountant-general, Idris Ahmed seeks plea bargain in N109bn fraud case

Iheanyi Ejiofor August 11, 2022 No Comments #Idris Ahmed #plea bargain

By our reporter| The federal high court in Abuja was on Wednesday informed that the embattled former accountant-general of the federation, Idris Ahmed who is being prosecuted by the Economic…

Read More Embattled accountant-general, Idris Ahmed seeks plea bargain in N109bn fraud case
Business Economy headline

Buhari makes u-turn, reverses approval for aquisition of ExxonMobil assets by Seplat

Iheanyi Ejiofor August 11, 2022 No Comments #Buhari #ExxoMobil #Seplat

By our reporter| President Muhammadu Buhari on Wednesday reversed his authorisation of the acquisition of ExxonMobil Corporation assets by Seplat Energy Plc. In February, Seplat had agreed to acquire the…

Read More Buhari makes u-turn, reverses approval for aquisition of ExxonMobil assets by Seplat
Business Economy headline

Nigeria loses $1.9bn every month to crude oil theft, says Kyari

Iheanyi Ejiofor August 9, 2022 No Comments

Nigeria loses $1.9 billion monthly to crude oil theft, the group chief executive officer (GCEO), NNPC Limited, Mele Kyari has said. Kyari who made the disclosure when a delegation on…

Read More Nigeria loses $1.9bn every month to crude oil theft, says Kyari

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