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Category: Economy

Business Economy headline

Inflation declines for 16th straight month to 11.61% — below FG’s 2018 target

Iheanyi Ejiofor June 13, 2018 headline

Ebun Francis| Nigeria’s annual inflation has dropped to 11.61% in May, below the federal government’s projection of 12.42% set in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper,…

Read More Inflation declines for 16th straight month to 11.61% — below FG’s 2018 target
Business Economy headline

UTC, Ashaka Cement among 22 firms delisted from NSE

Iheanyi Ejiofor June 13, 2018 headline

Emeka Ejere| The Nigerian Stock Exchange (NSE) expelled no fewer than 22 companies between 2016 and 2017 over non-performance and failure to meet the required post-quotation standards. Data obtained by…

Read More UTC, Ashaka Cement among 22 firms delisted from NSE
Business Economy

CBN Injects $210 million into forex market

Iheanyi Ejiofor June 12, 2018 headline

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market. The apex Bank in its desire to meet customers’ needs in the various segments of…

Read More CBN Injects $210 million into forex market
Economy headline

Nigeria, Morocco to implement plan for gas transport pipeline

Iheanyi Ejiofor June 11, 2018 headline

President Muhammadu Buhari and King Mohammed VI of Morrocco and on Sunday supervised the signing of the accord in Rabat, Morroco capital city. Morocco’s MAP news agency reported that this…

Read More Nigeria, Morocco to implement plan for gas transport pipeline
Business Economy

Transcorp appoints Chris Ezeafulukwe as executive director

Iheanyi Ejiofor June 10, 2018

Transnational Corporation of Nigeria Plc (Transcorp), one of Nigeria’s leading conglomerate,has appointed Mr. Christopher Ezeafulukwe as an Executive Director with effect from July 1, 2018. Mr. Ezeafulukwe, currently the Group General Counsel…

Read More Transcorp appoints Chris Ezeafulukwe as executive director

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