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Category: Economy

Economy

9mobile appoints new Chief Financial Officer

Iheanyi Ejiofor January 21, 2019 9mobile appoints new Chief Financial Officer

Telecommunications company, 9mobile has announced the appointment of Mr Phillips Oki as its new Chief Financial Officer. The Acting Managing Director of 9mobile, Stephanie Beuvelet, who disclosed this in a…

Read More 9mobile appoints new Chief Financial Officer
Economy headline

CBN may increase items on forex restriction list to 50

Iheanyi Ejiofor January 21, 2019 CBN may increase items on forex restriction list to 50

The Central Bank of Nigeria may increase the items on the foreign exchange restriction list from 42 to 50 in order to boost local production and stimulate the export market.…

Read More CBN may increase items on forex restriction list to 50
Economy headline

Otedola moves to acquire Forte Oil upstream, power firm

Iheanyi Ejiofor January 16, 2019 Otedola moves to acquire Forte Oil upstreampower firm

Majority shareholder of Forte Oil Plc, Mr Femi Otedola , is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders on…

Read More Otedola moves to acquire Forte Oil upstream, power firm
Economy headline

Minimum Wage: Labour promises hell for dissenting governors

Iheanyi Ejiofor January 16, 2019 Minimum Wage: Labour promises hell for dissenting governors

With President Muhammadu Buhari about to roll out a new salary package for civil servants, an influential workers union has promised tough times for governors who may not pay the…

Read More Minimum Wage: Labour promises hell for dissenting governors
Economy headline

Price of cooking gas decreased in Dec. 2018 — NBS

Iheanyi Ejiofor January 16, 2019 Price of cooking gas decreased in Dec. 2018 — NBS

The National Bureau of Statistics (NBS) said the average cost of refilling a five kilogramme(kg) cylinder  for Liquefied Petroleum Gas (Cooking Gas) decreased from N2,084.74 in N0vember 2018 to N2,052.79…

Read More Price of cooking gas decreased in Dec. 2018 — NBS

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