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Category: Economy

Business Economy headline

Dangote Foundation empowers women with N130m grant

Iheanyi Ejiofor May 30, 2018 headline

The Aliko Dangote Foundation has commenced the disbursement of N130 million to 13,000 women in Nasarawa state under its micro-grant scheme. Alhaji Aliko Dangote, chairman of the foundation, while flagging-off…

Read More Dangote Foundation empowers women with N130m grant
Business Economy headline

Oil prices fall amidst fears of market glut

Iheanyi Ejiofor May 28, 2018 headline

Emeka Ejere| Oil prices extended their decline from last week on growing expectations that major oil producers may ease their 17-month-old production cuts. A return to the oil production levels…

Read More Oil prices fall amidst fears of market glut
Business Economy

MTN perfects plans for IPO in Nigeria

Iheanyi Ejiofor May 28, 2018 headline

Emeka Ejere| MTN Group on Monday said it was perfecting the details of its proposed Nigeria Initial Public Offering (IPO). MTN Group’s spokesperson, who pleaded anonymity, confirmed this in response…

Read More MTN perfects plans for IPO in Nigeria
Business Economy

Coca-Cola launches first alcoholic drink

Iheanyi Ejiofor May 28, 2018

Coca-Cola has launched its first alcoholic drink, a lemon flavoured alcopop, in Japan in a bid to tap new markets and consumers. In a global first for the US drinks…

Read More Coca-Cola launches first alcoholic drink
Business Economy headline

CBN directs commercial banks to sell forex across the counter to customers

Iheanyi Ejiofor May 28, 2018 headline

Chidi Samuel| The Central Bank of Nigeria, (CBN), on Sunday directed all commercial banks in the country to immediately sell foreign exchange to any customer upon the presentation of relevant…

Read More CBN directs commercial banks to sell forex across the counter to customers

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