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Category: Economy

Business Economy headline

Adesina re-elected as AfDB President

Iheanyi Ejiofor August 27, 2020 No Comments #Adesina re-elected as AfDB President

Nigeria’s Akinwumi Adesina has been re-elected as President of the Africa Development Bank by its Board of Governors. Presidential spokeswoman, Lauretta Onochie confirmed the news in a congratulatory tweet on…

Read More Adesina re-elected as AfDB President
Business Economy headline

NERC pledges not to increase tariff for poor Nigerians

Iheanyi Ejiofor August 27, 2020 No Comments #NERC pledges not to increase tariff for poor Nigerians

Ebun Francis| The Nigerian Electricity Regulatory Commission (NERC) has assured that“poor and vulnerable” Nigerians will not be exposed to any undue increase in electricity tariff. The chairman of the commission,…

Read More NERC pledges not to increase tariff for poor Nigerians
Business Economy headline

Awosika calls for joint efforts to build Nigeria

Iheanyi Ejiofor August 26, 2020 No Comments #Awosika calls for joint efforts to build Nigeria

By our reporter| The Chairman of First Bank, Ibukun Awosika on Tuesday called on Nigerians to take their destiny in their own hands and build the country. Awosika who made…

Read More Awosika calls for joint efforts to build Nigeria
Business Economy headline

CBN asks banks to submit names of exporters who don’t repatriate export proceeds

Iheanyi Ejiofor August 25, 2020 No Comments #CBN asks banks to submit names of exporters who don’t repatriate export proceeds

By our reporter| A day after it banned third parties from getting forex using Form M, the Central Bank of Nigeria (CBN) on Tuesday directed banks to submit the names,…

Read More CBN asks banks to submit names of exporters who don’t repatriate export proceeds
Business Economy headline

GDP Decline: Time to start doing some things differently, says Rewane

Iheanyi Ejiofor August 24, 2020 No Comments #GDP Decline: Time to start doing some things differentlysays Rewane

Notable economist and adviser to the Federal Government, Bismarck Rewane, on Monday said the latest Nigeria Bureau of Statistics report on the economy should push the country to start “doing…

Read More GDP Decline: Time to start doing some things differently, says Rewane

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