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Category: Economy

Economy headline

Produce Maina in 21 days, court orders Ndume

Iheanyi Ejiofor October 20, 2020 No Comments

A federal High Court sitting in Abuja has given Senator Mohammed Ali Ndume 21-day ultimatum to produce former chairman of the defunct Pension Reformed Task Team (PRTT), Abdulrasheed Maina, to…

Read More Produce Maina in 21 days, court orders Ndume
Business Economy

Our Website not hacked, says CBN

Iheanyi Ejiofor October 18, 2020 No Comments #Our Website not hacked

Chidi Samuel| The Central Bank of Nigeria has denied reports that its website was breached by hackers over the weekend. In a statement by its acting director, corporate communications, Osita…

Read More Our Website not hacked, says CBN
Business Economy

CBN freezes accounts of 15 firms over ‘textile smuggling’

Iheanyi Ejiofor October 16, 2020 No Comments #CBN freezes accounts of 15 firms over ‘textile smuggling’

The Central Bank of Nigeria (CBN) says it has frozen the bank accounts of 15 firms over alleged textile smuggling. The unnamed companies flouted the federal government’s executive order 003,…

Read More CBN freezes accounts of 15 firms over ‘textile smuggling’
Business Economy headline

79 countries endorse Okonjo-Iweala’s WTO candidacy

Iheanyi Ejiofor October 16, 2020 No Comments #79 countries endorse Okonjo-Iweala’s WTO candidacy

Nigeria’s Ngozi Okonjo-Iweala on Friday voiced confidence in her quest to lead the crisis-wracked World Trade Organisation after all of Africa backed her candidacy, vowing she would champion reform. “I…

Read More 79 countries endorse Okonjo-Iweala’s WTO candidacy
Business Economy headline

Nigeria’s inflation rate rises to 13.71%, highest in 30 months

Iheanyi Ejiofor October 15, 2020 No Comments a 30 months high

By our reporter| Nigeria’s Consumer Price Index (CPI) which measures inflation increased by 13.71 per cent in September 2020 in a yearly comparison. The September inflation figure is the highest…

Read More Nigeria’s inflation rate rises to 13.71%, highest in 30 months

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