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Category: Economy

Business Economy headline

Dangote supports University of Ibadan

Iheanyi Ejiofor July 26, 2018

Ebun Francis| Alhaji Aliko Dangote, Chief Executive Officer, Dangote Group, on Wednesday urged the Federal Government to provide critical infrastructure that would make the nation’s environment conducive for businesses to…

Read More Dangote supports University of Ibadan
Economy headline

Nigeria, Niger in $2b refinery deal

Iheanyi Ejiofor July 25, 2018 headline

The private sector-driven Niger Republic facilitated approved petroleum refinery in Mashi in Kastina state would cost $2 billion. The planned refinery would have the capacity to produce 150, 000 barrels…

Read More Nigeria, Niger in $2b refinery deal
Economy headline

Why MPC retains interest rate at 14% – Emefiele

Iheanyi Ejiofor July 25, 2018 headline

  By Emeka Ejere The Central Bank of Nigeria (CBN), Governor Mr. Godwin Emefiele, said the apex bank kept its main interest rate on hold at 14 percent, for the…

Read More Why MPC retains interest rate at 14% – Emefiele
Economy headline

PZ Cussons sees challenging year as profit drops on weak Nigeria sales

Iheanyi Ejiofor July 24, 2018 headline

  By Emeka Ejere Soaps and cosmetics maker PZ Cussons Plc posted on Tuesday a double-digit drop in annual pretax profit and expects another challenging year ahead, hit by lower…

Read More PZ Cussons sees challenging year as profit drops on weak Nigeria sales
Business Economy

We are not paying $300m for 5% stake in Air- Nigeria- Sirika

Iheanyi Ejiofor July 23, 2018 headline

Ebun Francis| The minister of state for aviation, Hadi Sirika, on Monday said the federal government is not paying $300 million for a five per cent stake in Nigeria Air.…

Read More We are not paying $300m for 5% stake in Air- Nigeria- Sirika

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