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Category: Economy

Business Economy headline

We followed due process in the award of contract for dredging of Escravos Bar- NPA

Iheanyi Ejiofor September 10, 2018 headline

The management of Nigeria Ports Authority(NPA), has denied any wrong doing in the contract it awarded to Dredging International Services for the dredging of Escravos Bar in Warri, Delta State,…

Read More We followed due process in the award of contract for dredging of Escravos Bar- NPA
Business Economy headline

How Zenth bank rode on reduced impairment charges to post N107 billion pretax profit in H1 2018

Iheanyi Ejiofor September 9, 2018 headline

Alabingo Finance Report || Nigeria’s largest lender in terms of assets, Zenith Bank declared its highest half-year profit before tax in its 28 years of operations, in the first six…

Read More How Zenth bank rode on reduced impairment charges to post N107 billion pretax profit in H1 2018
Economy headline

Air passengers hit 3.7m in 2Q – NBS

Iheanyi Ejiofor September 9, 2018 headline

The National Bureau of Statistics (NBS) has said that 3.65 million air passengers traveled through Nigerian airports in the second quarter of 2018 as against 3.84 million recorded in the…

Read More Air passengers hit 3.7m in 2Q – NBS
Business Economy

Forex: CBN injects $303m, CNY 46.58m into retail SMIS

Iheanyi Ejiofor September 8, 2018

The Central Bank of Nigeria (CBN), on Friday, September 7, 2018, injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales. This is in addition to the…

Read More Forex: CBN injects $303m, CNY 46.58m into retail SMIS
Economy headline

Buhari returns to Abuja after 6-day trip to China

Iheanyi Ejiofor September 7, 2018 headline

President Muhammadu Buhari on Thursday night arrived Abuja, the nation’s capital after a six-day visit to China. President Buhari was in Beijing, China where he participated in the seventh summit of China-Africa…

Read More Buhari returns to Abuja after 6-day trip to China

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