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Category: Economy

Business Economy headline

Nigeria’s inflation rate drops to 16.63%

Iheanyi Ejiofor October 15, 2021 No Comments #Consumer Price Index(CPI) #inflation

By our reporter/ The Consumer Price Index, (CPI) which measures inflation increased by 16.63 per cent (year-on-year) in September 2021. This is 0.38 per cent points lower than the rate…

Read More Nigeria’s inflation rate drops to 16.63%
Business Economy headline

NCC says deployment of 5G nationwide 97% ready

Iheanyi Ejiofor October 15, 2021 No Comments #NCC #5G #deployment

By our reporter/ The Nigerian Communications Commission (NCC) on Thursday confirmed it is 97% ready for the implementation of 5G deployment in the country. NCC Executive Vice Chairman, Professor Umar…

Read More NCC says deployment of 5G nationwide 97% ready
Business Economy headline

Uzodinma demands compensation for south-east for civil war losses

Iheanyi Ejiofor October 13, 2021 No Comments #Hope Uzodinma #Imo #special fund #civil war #compensation

By our reporter/ Imo state governor, Hope Uzodimma, on Wednesday called for the establishment of a special fund to compensate the south-east over the devastation caused by the civil war.…

Read More Uzodinma demands compensation for south-east for civil war losses
Business Economy headline

2022 budget proposal passes second reading in senate

Iheanyi Ejiofor October 13, 2021 No Comments #2022 budget #second reading

By our reporter/ The N16.9 trillion 2022 budget proposal presented to the national assembly last Thursday by president Muhammadu Buhari has passed the second reading in the Senate. The passage…

Read More 2022 budget proposal passes second reading in senate
Business Economy

Access Bank acquires majority stake in BancABC Botswana

Iheanyi Ejiofor October 13, 2021 No Comments #Access bank #Hubert Wigwe #acquisition ##BancABC Botswana

Access Bank Plc has completed the acquisition of a majority stake of 78.15 percent in African Banking Corporation of Botswana Limited (‘BancABC Botswana’). The bank announced this in a statement signed…

Read More Access Bank acquires majority stake in BancABC Botswana

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