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Category: Economy

Economy

Banks loans to private sector dropped by N455bn to N15.1tn –NBS

Iheanyi Ejiofor February 20, 2019 No Comments Banks loans to private sector dropped by N455bn to N15.1tn –NBS

The total credit from banks to the economy recorded a decline of N455bn from N15.58tn as of the end of the third quarter of last year to N15.1tn in the…

Read More Banks loans to private sector dropped by N455bn to N15.1tn –NBS
Business Economy

FIRS directs banks to lift restrictions on accounts of alleged tax defaulters

Iheanyi Ejiofor February 16, 2019 No Comments

The Federal Inland Revenue Service (FIRS) has asked banks to lift the lien on alleged tax defaulters’ bank accounts for 30 days. The directive, which takes immediate effect, was contained…

Read More FIRS directs banks to lift restrictions on accounts of alleged tax defaulters
Business Economy

Tech -startups should emulate New Konga strategy – Prof. Obe, Ex-Unilag VC

Iheanyi Ejiofor February 14, 2019 No Comments
Read More Tech -startups should emulate New Konga strategy – Prof. Obe, Ex-Unilag VC
Business Economy headline

Again, Buhari hints at probing Obasanjo over $16bn power expenditure

Iheanyi Ejiofor February 12, 2019 No Comments headline

Chidi Samuel| President Muhammadu Buhari on Tuesday for the second time raised the possibility of probing ex-president Obasanjo as he vowed to recover the $16 billion dollars allegedly wasted on…

Read More Again, Buhari hints at probing Obasanjo over $16bn power expenditure
Business Economy headline

Nigeria records 2.38% GDP growth in Q4

Iheanyi Ejiofor February 12, 2019 No Comments headline

The National Bureau of Statistics(NBS) in its latest report said Nigeria’s Gross Domestic Product(GDP) in the fourth quarter grew by 2.38 per cent, a boost for President Muhammadu Buhari’s re-election…

Read More Nigeria records 2.38% GDP growth in Q4

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