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Category: Economy

Economy headline

Emefiele begins second tenure as CBN Governor

Iheanyi Ejiofor June 3, 2019 No Comments #Emefiele begins second tenure as CBN Governor

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday began his second tenure, following the confirmation of his re-appointment by the Senate on May 16. According…

Read More Emefiele begins second tenure as CBN Governor
Economy headline

Govt assistance not getting to us, rice farmers lament

Iheanyi Ejiofor June 3, 2019 No Comments

Some farmers in the country have faulted the Federal Government’s policy on assistance to enhance rice production, saying it is not getting to the grass roots. The farmers in Kebbi,…

Read More Govt assistance not getting to us, rice farmers lament
Business Economy headline

SEC sets up interim management for Oando Plc

Iheanyi Ejiofor June 2, 2019 No Comments #SEC sets up interim management for Oando Plc

Ebun Francis| The Securities and Exchange Commission, SEC, has constituted an Interim Management Team to oversee the affairs of Oando Plc, and conduct an Extra Ordinary General Meeting on or…

Read More SEC sets up interim management for Oando Plc
Business Economy headline

CBN injects $294.7m, CNY 31.43m into Retail SMIS

Iheanyi Ejiofor June 2, 2019 No Comments #CBN injects $294.7mCNY 31.43m into Retail SMIS

The Central Bank of Nigeria (CBN) on Friday, May 31, 2019, again intervened in the retail Secondary Market Intervention Sales (SMIS) to the tune of $294.7million. Figures obtained from the…

Read More CBN injects $294.7m, CNY 31.43m into Retail SMIS
Business Economy headline

MTN pays N55bn final instalment of N330bn fine to NCC

Iheanyi Ejiofor May 31, 2019 No Comments #MTN pays N55bn final instalment of N330bn fine to NCC

MTN Nigeria Communications Plc (MTN) on Friday said it has paid the sixth and final instalment of N55 billion to the Nigerian Communications Commission (NCC). With this development, the telecom…

Read More MTN pays N55bn final instalment of N330bn fine to NCC

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