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Category: Economy

Business Cover Economy headline

Dangote, Adenuga are Africa’s richest men, says Forbes

Iheanyi Ejiofor January 10, 2019 headline

Aliko Dangote, the President of the Dangote Group,  and the Chairman of Globacom, Dr. Mike Adenuga, top Forbes’ Africa Billionaires List released on Wednesday. Arica’s richest man, Dangote, however, saw…

Read More Dangote, Adenuga are Africa’s richest men, says Forbes
Business Cover Economy headline

Bismarc Rewane to head Buhari’s minimum wage advisory committee

Iheanyi Ejiofor January 10, 2019 headline

Ebun Francis| President Muhammadu Buhari on Wednesday named Bismarck Rewane, chief executive of Financial Derivative to head the minimum wage technical advisory committee. The President while inaugurating the committee shortly…

Read More Bismarc Rewane to head Buhari’s minimum wage advisory committee
Business Cover Economy headline

CBN continues intervention in Forex market

Iheanyi Ejiofor January 8, 2019 headline

The Central Bank of Nigeria (CBN) has continued its intervention in the inter-bank sector of the Foreign Exchange market by injecting another sum of $210 million into the forex market.…

Read More CBN continues intervention in Forex market
Business Cover Economy headline

UN Report: Oil-related crimes in 2018 cost Nigeria $2.8bn in revenue

Iheanyi Ejiofor January 8, 2019 headline

The United Nations says Nigeria lost an estimated $2.8 billion in revenue in 2018, mainly due to oil-related crimes. This is according to a new report by the secretary-general on…

Read More UN Report: Oil-related crimes in 2018 cost Nigeria $2.8bn in revenue
Business Economy headline

Forex: CBN makes first intervention of 2019

Iheanyi Ejiofor January 5, 2019 headline

The Central Bank of Nigeria (CBN) on Friday, January 4, 2019, made its first intervention in the inter-bank sector of the Foreign Exchange market for 2019 with a total sum…

Read More Forex: CBN makes first intervention of 2019

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