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Category: Economy

Business Economy headline

Lower impairment charges, digit income push Fidelity Bank’s pre-tax profit up 30.6% in 2018

Iheanyi Ejiofor April 17, 2019 No Comments

Alabingo Finance Report| In spite of the tough operating environment, Fidelity Bank posted a 30.6 per cent growth in pre-tax profit to N25.1 billion in 2018 financial year, bolstered by…

Read More Lower impairment charges, digit income push Fidelity Bank’s pre-tax profit up 30.6% in 2018
Economy headline

Naira bears first female signature

Iheanyi Ejiofor April 16, 2019 No Comments Naira bears first female signature

The signature of a woman, Priscilla Ekwere Eleje, has appeared on the naira, for the first time since Nigeria got her independence 59 years ago. Eleje, who has been acting…

Read More Naira bears first female signature
Economy headline

New minimum wage: Nigerian workers beg Buhari to sign bill

Iheanyi Ejiofor April 16, 2019 No Comments New minimum wage: Nigerian workers beg Buhari to sign bill

Workers in the Federal Capital Territory have begged President Muhammadu Buhari to sign the N30, 000 minimum wage bill submitted to him by the National Assembly on March 27, into…

Read More New minimum wage: Nigerian workers beg Buhari to sign bill
Economy

Nigeria’s inflation drops by 0.06 % in March – NBS

Iheanyi Ejiofor April 16, 2019 No Comments Nigeria’s inflation drops by 0.06 % in March – NBS

The National Bureau of Statistics (NBS) said the country’s inflation measured by Consumer Price Index (CPI) in March was 0.06 per cent points lower than the rate recorded in February.…

Read More Nigeria’s inflation drops by 0.06 % in March – NBS
Economy

Luftansa incurs loss over fuel costs, seating surplus

Iheanyi Ejiofor April 16, 2019 No Comments Luftansa incurs loss over fuel costsseating surplus

Lufthansa reported an operating loss of 336 million euros ($380 million) for the first three months of the year, hurt by rising fuel costs and excess capacity in Europe, sending…

Read More Luftansa incurs loss over fuel costs, seating surplus

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