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Category: Economy

Business Economy headline

Buhari’s visit already yielding: U.S. to repatriate $500m

Iheanyi Ejiofor May 1, 2018 headline

The visit of President Muhammadu Buhari to U.S. President Donald Trump has yielded the finalisation of negotiations to repatriate more than 500 million dollars (about 190 billion Naira) of Nigeria’s…

Read More Buhari’s visit already yielding: U.S. to repatriate $500m
Business Economy headline

There is no fire incident at CBN head office- Okorafor

Iheanyi Ejiofor May 1, 2018 headline

Ebun Francis| The central bank of Nigeria has refuted reports of a fire incident at the Apex banks headquarters, Abuja on Tuesday. In a statement by Isaac Okorafor, Ag.  Director, Corporate Communications,…

Read More There is no fire incident at CBN head office- Okorafor
Business Economy

FG signs interim agreement for railway concession

Iheanyi Ejiofor April 29, 2018 headline

Press Release| The federal government and four companies led by General Electric have signed an agreement to start the interim phase of the Nigerian narrow-gauge railway concession. According to a…

Read More FG signs interim agreement for railway concession
Business Economy headline

FCMB shareholders approve N1.98bn dividend

Iheanyi Ejiofor April 27, 2018 headline

Emeka Ejere | Shareholders of FCMB Group Plc on Friday at the Annual General Meeting approved a dividend of N1.98 billion for the financial year ended Dec. 31, 2017. They…

Read More FCMB shareholders approve N1.98bn dividend
Business Economy

Diamond bank shuts down UK operations

Iheanyi Ejiofor April 26, 2018

Ebun Francis | Diamond Bank Plc on Wednesday announced the closure of its London operation in line with its objectives of streamlining its operations to focus its resources on the…

Read More Diamond bank shuts down UK operations

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