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Category: Economy

Business Economy

#EndSARS: Firm sues Access bank for freezing account-Report

Iheanyi Ejiofor November 4, 2020 No Comments ##EndSARS: Firm sues bank N100m for freezing account —Report

A public affairs company, Gatefield Nigeria Ltd., has sued Access Bank Plc N100m ($262,000) for illegally blocking an account used to finance the recent #EndSARS campaign against police brutality, Bloomberg…

Read More #EndSARS: Firm sues Access bank for freezing account-Report
Economy headline

Security vote doesn’t exist in Ekiti – Fayemi

Iheanyi Ejiofor November 3, 2020 No Comments

Governor Kayode Fayemi, of Ekiti State has denied the existence of the controversial security vote in the state. The governor was speaking on Monday, during a forum in the state…

Read More Security vote doesn’t exist in Ekiti – Fayemi
Business Economy headline

FG gives N5bn bailout funds for airline operators, others

Iheanyi Ejiofor November 2, 2020 No Comments #FG gives N5bn bailout funds for airline operatorsothers

By our reporter| The Federal Government on Monday said it will soon begin the disbursement N5bn bailout it approved for the operators and other business owners in the aviation sector…

Read More FG gives N5bn bailout funds for airline operators, others
Business Economy headline

CBN to assess risks of banks with cross-border expansion

Iheanyi Ejiofor November 2, 2020 No Comments #CBN to assess risks of banks with cross-border expansion

By our reporter| The Central Bank of Nigeria says it will introduce guidelines to assess the level of exposure of banks with international authourisation that are engaging in cross broader…

Read More CBN to assess risks of banks with cross-border expansion
Business Economy headline

Consumers’ confidence in the economy dipped in Q3 – CBN report

Iheanyi Ejiofor October 31, 2020 No Comments #Consumers’ confidence in the economy dipped in Q3 — CBN report

By our reporter|A survey by the Central Bank of Nigeria showed that consumers’ confidence in the economy dropped in the third quarter 2020. The survey conducted by the statistics department…

Read More Consumers’ confidence in the economy dipped in Q3 – CBN report

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