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Category: Economy

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
Business Economy

82.9 million Nigerians live in poverty – NBS

Iheanyi Ejiofor May 4, 2020 No Comments #82.9 million Nigerians live in poverty – NBS

By our reporter|The National Bureau of Statistics on Monday said that over 82.9 million Nigerians representing 40.1 per cent of the population live in poverty. According to the Bureau’s executive…

Read More 82.9 million Nigerians live in poverty – NBS
Business Economy

Fidelity Bank grosses N6.6bn Q1 profit, reassures stakeholders at AGM

Iheanyi Ejiofor May 4, 2020 No Comments #Fidelity Bank grosses N6.6bn Q1 profitreassures stakeholders at AGM

Fidelity Bank has reassured that it will continue to take measures that will ensure the safety of customers, staff, and other stakeholders during this period. This reassurance was given on…

Read More Fidelity Bank grosses N6.6bn Q1 profit, reassures stakeholders at AGM

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