Chidi Samuel| The speaker of the house of representatives, Femi Gbajabiamila Wednesday said the house suspended consideration of President Muhammadu Buhari’s $22.7 billion loan request over the alleged sidelining of…
Read More We suspended $22.7bn loan request over south-east ‘exclusion’- GbajabiamilaCategory: Economy
DANGCEM and 11 others drag NSE-ASI lower despite gains in Banking and Insurance sectors
The Nigerian equity market on Tuesday sustained previous day negative sentiment, shedding 0.71%, as gains in the Banking and Insurance sectors failed to lift market sentiment. This was driven by…
Read More DANGCEM and 11 others drag NSE-ASI lower despite gains in Banking and Insurance sectorsInflation rate rises to 12.20%
By our reporter| Nigeria’s inflation rate rose to 12.20% in February, the highest in 21 months. According to the CPI/Inflation report released by the National Bureau of Statistics on Tuesday,…
Read More Inflation rate rises to 12.20%Coronavirus: CBN earmarks N50bn for SMEs, directs banks to restructure loan terms
By our reporter| The Central Bank of Nigeria (CBN) in an effort to mitigate the effects of Coronavirus outbreak on the country’s economy, on Monday asked all banks in the…
Read More Coronavirus: CBN earmarks N50bn for SMEs, directs banks to restructure loan termsCoronavirus: We care about your health and safety, Uzoka writes UBA customers
The group managing director of UBA plc, Mr. Kennedy Uzoka over the weekend penned a letter to the bank’s customers intimating them of steps being taken by the bank to…
Read More Coronavirus: We care about your health and safety, Uzoka writes UBA customers
