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Category: Economy

Business Economy headline

Nigeria’s per capita income at same level as 1981 – World Bank

Iheanyi Ejiofor October 26, 2021 No Comments #Nigeria #per capita income #1981 #World bank

By our reporter/ Nigeria’s per capita income is at the same level as 1981, Shubham Chaudhuri, the country’s World Bank’s director has said. Chaudhuri, who made the disclosure on Monday…

Read More Nigeria’s per capita income at same level as 1981 – World Bank
Business Economy headline

FG to remove petrol subsidy in 2022 – Ahmed

Iheanyi Ejiofor October 26, 2021 No Comments #petrol subsidy #Zainab Ahmed

Ebun Francis/ The federal government will end the fuel subsidy regime in the second half of 2022 as it will cater for the programme in the first six months, minister…

Read More FG to remove petrol subsidy in 2022 – Ahmed
Business Economy headline

CBN moves to financially support 100 companies every 100 days in new policy initiative

Iheanyi Ejiofor October 25, 2021 No Comments #Central Bank of Nigeria (CBN) #Godwin Emefiele

By our reporter/ The Central Bank of Nigeria (CBN) on Monday launched a new policy to financially support 100 targeted private sector companies in 100 days. CBN governor, Godwin Emefiele,…

Read More CBN moves to financially support 100 companies every 100 days in new policy initiative
Business Economy headline

List of 17 Nigerian companies, individuals banned by World Bank for corrupt practices

Iheanyi Ejiofor October 25, 2021 No Comments #World Bank #AFDB #debarred

The World Bank has debarred nine Nigerian individuals and firms from executing any contract with it for engaging in corrupt, fraudulent and collusive practices. This is contained in its recent…

Read More List of 17 Nigerian companies, individuals banned by World Bank for corrupt practices
Business Economy headline

eNaira will increase Nigeria’s GDP by $29b – Buhari

Iheanyi Ejiofor October 25, 2021 No Comments #President Muhammadu Buhari #eNaira #economy

By our reporter/ President Muhammadu Buhari on Monday said Nigeria’s new digital currency, eNaira, will increase the country’s Gross Domestic Product by $29 billion over the next 10 years. The…

Read More eNaira will increase Nigeria’s GDP by $29b – Buhari

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