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Category: Economy

Economy headline

Banks begin disbursement of creative industry intervention fund

Iheanyi Ejiofor June 14, 2019 No Comments

The Bankers Committee of the Central Bank of Nigeria on Thursday said it was set to commence the disbursement of funds under the Creative Industry Financing Initiative The decision to…

Read More Banks begin disbursement of creative industry intervention fund
Economy headline

Foreign investment into Nigeria drops by 43% – UN report

Iheanyi Ejiofor June 14, 2019 No Comments

Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report. Reuters reported on Thursday that investors were put off…

Read More Foreign investment into Nigeria drops by 43% – UN report
Economy headline

FG may lift land border vehicle importation ban — NCS

Iheanyi Ejiofor June 13, 2019 No Comments

The Federal Government may relax the ban on importation of vehicles through the land border. The government had in January 2017 ordered a ban on importation of vehicles through the…

Read More FG may lift land border vehicle importation ban — NCS
Economy headline

Nigeria earns $236bn from petroleum exports in five years – OPEC report

Iheanyi Ejiofor June 13, 2019 No Comments

Nigeria, Africa’s top oil producer, earned a total of $236.15bn from petroleum exports over the last five years, a new report by the Organisation of Petroleum Exporting Countries has shown.…

Read More Nigeria earns $236bn from petroleum exports in five years – OPEC report
Business Economy

Pull down barriers to trade, Adesina urges African leaders

Iheanyi Ejiofor June 12, 2019 No Comments #Pull down barriers to tradeAdesina urges African leaders

Dr Akinwumi Adesina, President of the African Development Bank has urged African Governments to work towards the elimination of non-tariff barriers in the region. Adesina said this at the former…

Read More Pull down barriers to trade, Adesina urges African leaders

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