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Category: Economy

Economy headline

NULGE has reported govs stealing LG funds — NFIU

Iheanyi Ejiofor August 12, 2019 No Comments

The Nigerian Financial Intelligent Unit on Sunday revealed that the Nigeria Union of Local Government Employees had reported state governors who had been stealing local governments’ funds. NULGE has also…

Read More NULGE has reported govs stealing LG funds — NFIU
Economy

Hotels shouldn’t be on manufacturers’ power tariff level – Theodawn Hotels CEO

Iheanyi Ejiofor August 11, 2019 No Comments

By Emeka Ejere Placing   hotels on the manufacturers’ power tariff level has been described as an unwholesome practice that should be reviewed for operators in the Nigeria hospitality industry to…

Read More Hotels shouldn’t be on manufacturers’ power tariff level – Theodawn Hotels CEO
Business Economy

Fidelity Bank rewards loyal customers with N2.6bn

Iheanyi Ejiofor August 7, 2019 No Comments #Fidelity Bank rewards loyal customers with N2.6bn

The Fidelity Bank Plc on Wednesday said it has disbursed over N2.6 billion to customers as reward for their loyalty in the last four years. Richard Madiebo, Head, Divisional Retail…

Read More Fidelity Bank rewards loyal customers with N2.6bn
Business Economy

First Bank pledges support to economic growth

Iheanyi Ejiofor August 7, 2019 No Comments #First Bank pledges support to economic growth

Emeka Ejere| First Bank Nigeria on Wednesday expressed its commitment to the development of business continuity and resilience toward boosting production and economic growth. The bank’s Chief Financial Officer, Mr…

Read More First Bank pledges support to economic growth
Business Economy

Inter-Bank Forex Market: CBN intervenes with $210m

Iheanyi Ejiofor August 6, 2019 No Comments #Inter-Bank Forex Market: CBN intervenes with $210m

The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN), following transactions concluded on Tuesday, August 6, 2019. Figures obtained from…

Read More Inter-Bank Forex Market: CBN intervenes with $210m

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