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Category: Economy

Business Economy headline

60 percent of Nigerians lack access to finance – NDIC boss

Iheanyi Ejiofor June 26, 2019 No Comments #60 percent of Nigerians lack access to finance - NDIC boss

Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Mr Umar Ibrahim, has said that over 60 percent of Nigerians lack access to finance despite the proliferation of commercial banks…

Read More 60 percent of Nigerians lack access to finance – NDIC boss
Economy headline

Oil discovery made Nigeria’s economy vulnerable–Emefiele

Iheanyi Ejiofor June 26, 2019 No Comments

Godwin Emefiele, governor of Central Bank of Nigeria, has said the discovery of crude oil and the country’s increasing reliance on crude oil revenues have led to a severe downturn…

Read More Oil discovery made Nigeria’s economy vulnerable–Emefiele
Business Economy headline

Warrant for my arrest an abuse of court process – Innoson Boss

Iheanyi Ejiofor June 26, 2019 No Comments #Warrant for my arrest an abuse of court process - Innoson Boss

The Chairman of Innoson Motors, Mr Innocent Chukwuma, on Tuesday described the warrant for his arrest by a Federal High Court in Lagos as an abuse of court process. In…

Read More Warrant for my arrest an abuse of court process – Innoson Boss
Business Economy

Forex: CBN Boosts Market with $210million

Iheanyi Ejiofor June 26, 2019 No Comments #Forex: CBN Boosts Market with $210million

The Central Bank of Nigeria (CBN) has injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN on Tuesday, June 25, 2019, indicate…

Read More Forex: CBN Boosts Market with $210million
Business Economy headline

Buhari’s policies pushing Nigeria to bankruptcy- Sanusi

Iheanyi Ejiofor June 25, 2019 No Comments

The controversial Emir of Kano, Muhammad Sanusi, on Tuesday said that unfavourable economic policies by the Buhari administration is leading Nigeria into bankruptcy. Sanusi who spoke at a workshop organised…

Read More Buhari’s policies pushing Nigeria to bankruptcy- Sanusi

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