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Category: Economy

Business Economy headline

PIB: Senate adopts 3% allocation to host communities as Reps step down bill

Iheanyi Ejiofor July 15, 2021 No Comments #PIB #Senate #House of Representatives #3% allocation #host communities

By our reporter| The Senate on Thursday adopted a three percent allocation to host communities in the Petroleum Industry Bill, amidst protests by southern lawmakers at the National Assembly who…

Read More PIB: Senate adopts 3% allocation to host communities as Reps step down bill
Business Economy

Zenith Bank named best commercial Bank in Nigeria

Iheanyi Ejiofor July 15, 2021 No Comments #Zenith Bank #best #Commercial Bank #Nigeria

By our reporter| Zenith Bank Plc has been named Best Commercial Bank in Nigeria at the World Finance Banking Awards 2021, as published in the July edition of the World…

Read More Zenith Bank named best commercial Bank in Nigeria
Business Economy

NNPC failed to remit N3,87trn crude oil sales in 2015 – Senate

Iheanyi Ejiofor July 14, 2021 No Comments #N3#Senate #audit report #FAAC #NNPC #remit87trn

By our reporter| The Senate on Wednesday upbraided the Nigerian National Petroleum Corporation (NNPC) for not remitting N3.87 trillion revenue from domestic crude oil sales to the federation account from…

Read More NNPC failed to remit N3,87trn crude oil sales in 2015 – Senate
Business Economy headline

FG approves N309bn road contract to Dangote as tax credit

Iheanyi Ejiofor July 14, 2021 No Comments #FEC #Dangote #tax credit #road construction #Fashola

By our reporter| The federal executive council (FEC) on Wednesday approved the award of a contract to Dangote Industries to construct five roads totalling 274.9 kilometres at N309,917,717,251.35 to be…

Read More FG approves N309bn road contract to Dangote as tax credit
Business Economy

GTB appoints Miriam Olusanya as first female Managing Director

Iheanyi Ejiofor July 14, 2021 No Comments #GTB #Miriam Olusanya #female managing director

Guaranty Trust Bank on Wednesday announced the appointment of Miriam Olusanya as Managing Director. This was disclosed in a notice signed by the company’s secretary, Erhi Obebeduo, to the Nigerian…

Read More GTB appoints Miriam Olusanya as first female Managing Director

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