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Category: Economy

Business Economy headline

India overtakes Nigeria as world’s poverty capital -Report

Iheanyi Ejiofor March 9, 2022 No Comments #World's poverty capital #India #Nigeria #Dethrone

India has dethroned Nigeria as the world poverty capital – the country with the highest number of extremely poor people. The World Poverty Clock (WPC) stated this in its recent…

Read More India overtakes Nigeria as world’s poverty capital -Report
Business Economy headline

Nigeria bans foreigners from buying agric produce directly from farmers

Iheanyi Ejiofor March 9, 2022 No Comments #Farm gate #farmers #forigners#Nigeria

By our reporter| The federal executive council (FEC) on Wednesday approved a ban on foreigners and their representatives purchasing agricultural produce at the farm gate. The ban was announced via…

Read More Nigeria bans foreigners from buying agric produce directly from farmers
Business Economy headline

FG opens bid to private partners for Nigeria Air

Iheanyi Ejiofor March 7, 2022 No Comments #Nigeria Air #private partners #bid

The federal government on Monday issued the request for proposal to intending private investors on national carrier. In a statement via its official Twitter handle, the aviation ministry said the…

Read More FG opens bid to private partners for Nigeria Air
Business Economy headline

Lagos Free Zone will decongest Apapa, Tin Can Island ports, says Emefiele

Iheanyi Ejiofor March 6, 2022 No Comments #Emefiele #Lagos Free Zone (LFZ)

The commencement of operations at the Lagos Free Zone (LFZ) will help decongest the Apapa and Tin Can Island Ports in Lagos, Nigeria’s Central Bank Governor, Godwin Emefiele said over…

Read More Lagos Free Zone will decongest Apapa, Tin Can Island ports, says Emefiele
Business Economy headline

Beyond market expectations, Zenith Bank hits N280.4bn PBT in 2021

Iheanyi Ejiofor March 4, 2022 No Comments #Zenith Bank #Profit before tax

By our reporter| Leading Tier 1 lender, Zenith Bank Plc has defied challenging macroeconomic environment aggravated by the COVID-19 pandemic to achieve a 10% rise in Profit Before Tax (PBT)…

Read More Beyond market expectations, Zenith Bank hits N280.4bn PBT in 2021

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