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Category: Economy

Business Economy headline

Seven killed as explosion rocks NNPC facility

Iheanyi Ejiofor July 8, 2020 No Comments #Seven killed as explosion rocks NNPC facility

By our reporter| The Nigerian National Petroleum Corporation on Wednesday said an explosion on Oil Mining Lease 40 operated by the Nigerian Petroleum Development Company has killed seven workers. NPDC…

Read More Seven killed as explosion rocks NNPC facility
Business Economy headline

Mustafa Chike-Obi replaces Ernest Ebi as Fidelity Bank chairman

Iheanyi Ejiofor July 5, 2020 No Comments #Mustafa Chike-Obi replaces Ernest Ebi as Fidelity Bank chairman

By our reporter| Fidelity Bank Plc on Sunday announced the appointment of Mustafa Chike-Obi as its new chairman. Chike Obi, currently the executive vice-chairman at Alpha African Advisory, will replace…

Read More Mustafa Chike-Obi replaces Ernest Ebi as Fidelity Bank chairman
Business Economy headline

FIRS introduces stamp duty for rent agreements, C of O

Iheanyi Ejiofor July 3, 2020 No Comments #FIRS introduces stamp duty for rent agreementsC of O

By our reporter| The Federal Inland Revenue Service (FIRS) on Thursday said stamp duty will be paid on house rent and Certificate of Occupancy (C of O) in line with…

Read More FIRS introduces stamp duty for rent agreements, C of O
Business Economy headline

Buhari suspends NSITF boss, 11 top officials

Iheanyi Ejiofor July 2, 2020 No Comments #Buhari suspends NSITF boss11 top officials

By our reporter| President Muhammadu Buhari on Thursday approved the immediate, compulsory, and indefinite suspension of Adebayo Somefun, the Managing Director and Chief Executive of the Nigeria Social Insurance Trust…

Read More Buhari suspends NSITF boss, 11 top officials
Business Economy

AfDB constitutes independent panel, names three persons to review report on Adesina

Iheanyi Ejiofor July 2, 2020 No Comments #AfDB names three persons to review report on Adesina

By our reporter| The bureau of board of governors of the African Development Bank Group on Wednesday constituted a panel to conduct an independent review of the report of the…

Read More AfDB constitutes independent panel, names three persons to review report on Adesina

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