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Category: Economy

Business Economy headline

Battle For First Bank: FBN holdings finally acknowledges Otedola’s shares

Iheanyi Ejiofor October 23, 2021 No Comments #FBN holdings ltd #First bank Nigeria #Femi Otedola #shares

By our reporter/ As the struggle for the control of Nigeria’s premier banking institution intensifies, FBN  Holdings Plc, the holding company of First Bank of Nigeria, in a reversal of…

Read More Battle For First Bank: FBN holdings finally acknowledges Otedola’s shares
Business Economy headline

eNaira to be unveiled by Buhari on Monday

Iheanyi Ejiofor October 23, 2021 No Comments #eNaira #Central Bank of Nigeria (CBN) #Digital currency #President Buhari

Ebun Francis/ Nigeria’s first digital currency, eNaira will be unveiled by President Muhammadu Buhari on Monday. The unveiling of the eNaira was earlier scheduled for October 1, but was postponed…

Read More eNaira to be unveiled by Buhari on Monday
Business Economy

NRC announces resumption of Abuja-Kaduna train services

Iheanyi Ejiofor October 22, 2021 No Comments #Nigerian Railway Corporation (NRC) #Abuja-Kaduna rail line

By our reporter/ The Nigerian Railway Corporation (NRC) on Friday announced the resumption of the Abuja-Kaduna Train Services (AKTS). This is coming 24 hours after an attack on a section…

Read More NRC announces resumption of Abuja-Kaduna train services
Business Economy headline

Sub-Saharan Africa’s economy to grow by 3.7%, slowest in the World IMF

Iheanyi Ejiofor October 22, 2021 No Comments #IMF #Africa #economic growth #recovery

By our reporter/ The International Monetary Fund (IMF) on Thursday said economic recovery in sub-Saharan Africa will be the slowest in the world. According to its October Regional Economic Outlook…

Read More Sub-Saharan Africa’s economy to grow by 3.7%, slowest in the World IMF
Business Economy

FIRS considering collection of road tax from vulcanisers, hairdressers

Iheanyi Ejiofor October 21, 2021 No Comments #Federal Inland Revenue Service (FIRS) #road tax #infrastructure tax #Mohammad Nami

By our reporter/ The Federal Inland Revenue Service (FIRS), is proposing road infrastructure tax in Nigeria to make the informal sector contribute to building a modern society, Muhammad Nami, FIRS…

Read More FIRS considering collection of road tax from vulcanisers, hairdressers

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