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Category: Economy

Business Economy headline

Fresh $319m Abacha loot in UK and France, says US

Iheanyi Ejiofor May 7, 2020 No Comments #Fresh $319m Abacha loot in UK and Francesays US

By our reporter| The US embassy in Nigeria on Thursday said another $319m (N121bn) looted by Sani Abacha, former military dictator, is in the United Kingdom and France. In a…

Read More Fresh $319m Abacha loot in UK and France, says US
Banks | Financial Institutions Business Economy

UBA rewards 100 customers with N100,000 amid COVID 19 meltdown

Iheanyi Ejiofor May 7, 2020 No Comments #UBA rewards 100 customers with N100000 amid COVID 19 meltdown

Pan African Financial institution, United Bank for Africa (UBA) Plc has again given its loyal customers reason to cheer  as it rewarded 100 loyal customers with N100,000 each in the…

Read More UBA rewards 100 customers with N100,000 amid COVID 19 meltdown
Business Economy headline

Report: IMF disburses $3.4bn emergency loan to Nigeria

Iheanyi Ejiofor May 6, 2020 No Comments #IMF disburses $3.4bn emergency loan to Nigeria-Report

Nigeria has reportedly received the $3.4bn emergency financial assistance from the International Monetary Fund. The Federal Government said it will use the funds, which was approved under the Rapid Financing…

Read More Report: IMF disburses $3.4bn emergency loan to Nigeria
Economy headline

Lockdown easing: GTBank reopens over 40 more branches

Iheanyi Ejiofor May 6, 2020 No Comments

The management of Guarantee Trust Bank (GTBank), announced the reopening of over 4o more branches nationwide from Wednesday, May 6. The bank has also extended its working hours to 9am –…

Read More Lockdown easing: GTBank reopens over 40 more branches
Business Economy headline

Senate to investigate the status of 5G network in Nigeria

Iheanyi Ejiofor May 5, 2020 No Comments #Senate to investigate the status of 5G network in Nigeria

Yusuf Bello| The Senate has mandated its committees on Communication, Public Health, Science, and Technology to investigate the status of the 5G Communication network in Nigeria and how the technological…

Read More Senate to investigate the status of 5G network in Nigeria

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