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Category: Economy

Business Economy headline

IMF advises FG to remove fuel, electricity subsidies

Iheanyi Ejiofor November 21, 2021 No Comments #International Monetary Fund (IMF) #Nigeria #fuel subsidy #electricity subsisidy

The International Monetary Fund (IMF) has urged the federal government to completely remove subsidies on fuel and electricity in early 2022. In the staff concluding statement of its 2021 Article…

Read More IMF advises FG to remove fuel, electricity subsidies
Economy

Ex-staff launches UBA alumni Network

Iheanyi Ejiofor November 19, 2021 No Comments #United Bank for Africa (UBA) Plc #UBA Alumni Network

It was an interesting and auspicious time to see ex-staff of Africa’s global bank, United Bank for Africa (UBA) Plc, come together to launch the UBA Alumni Network. The maiden…

Read More Ex-staff launches UBA alumni Network
Business Economy

Again, Emirates airline extends flights suspension till Nov 30

Iheanyi Ejiofor November 19, 2021 No Comments #Emirates #UAE #Nigeria #Lagos #flight suspension

By our reporter/ Despite the efforts by Nigeria to resolve the stand off with the UAE, Emirates Airline on Thursday said it has suspended the resumption of flight operations between…

Read More Again, Emirates airline extends flights suspension till Nov 30
Business Economy

Buhari approves N656.11bn fresh bailout for 36 states

Iheanyi Ejiofor November 18, 2021 No Comments #Buhari #bail out

By our reporter/ President Muhammadu Buhari on Thursday approved a fresh N656.112billion Bridge Financing Facility to the 36 States. This was announced at the National Economic Council (NEC) meeting presided…

Read More Buhari approves N656.11bn fresh bailout for 36 states
Business Economy headline

Nigeria’s economy grew by 4.03% in Q3 2021 – NBS

Iheanyi Ejiofor November 18, 2021 No Comments #2021 (Q3 2021) #NBS #Nigeria economy

Nigeria’s economy grew by 4.03 percent in the third quarter of 2021 (Q3 2021), Simon Harry, the statistician-general of the federation, has announced. He said this on Thursday in Abuja…

Read More Nigeria’s economy grew by 4.03% in Q3 2021 – NBS

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