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Category: Economy

Economy headline

US regulators find new ‘potential risk’ in Boeing 737 MAX

Iheanyi Ejiofor June 27, 2019 No Comments

US regulators said on Wednesday that Boeing must address a new “potential risk” in the Boeing 737 MAX, further clouding the timeframe for resuming service on the planes after two deadly crashes. The issue,…

Read More US regulators find new ‘potential risk’ in Boeing 737 MAX
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

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