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Category: Economy

Business Economy headline

MPC retains monetary policy rate (MPR) at 14%, to monitor control and spending

Iheanyi Ejiofor May 23, 2018 headline

The MPC on Tuesday decided to retain the Monetary Policy Rate (MPR) at 14%. The Central Bank of Nigeria (CBN) also vowed to monitor and control spending in the coming…

Read More MPC retains monetary policy rate (MPR) at 14%, to monitor control and spending
Business Economy

Shell’s oil spill dispute with Bodo villagers back in UK court

Iheanyi Ejiofor May 23, 2018

Emeka Ejere| Lawyers for the Bodo community in the Niger Delta, which was devastated by two major oil spills a decade ago, went to court in London on Tuesday to…

Read More Shell’s oil spill dispute with Bodo villagers back in UK court
Business Economy headline

UBA to reward loyal customers in ‘Refer-a-Friend’ campaign

Iheanyi Ejiofor May 23, 2018 headline

Pan-African Financial Services Institution, United Bank for Africa (UBA) Plc will be rewarding its loyal customers who refer friends and family to the bank in its new diaspora campaign. The…

Read More UBA to reward loyal customers in ‘Refer-a-Friend’ campaign
Business Economy

Nigeria’s economic growth slows first time since after recession

Iheanyi Ejiofor May 21, 2018 headline

Emeka Ejere| Nigeria’s economic growth slowed in the first quarter of 2018 for the first time since the country pulled out of recession last year as the non-oil sector struggled,…

Read More Nigeria’s economic growth slows first time since after recession
Business Economy headline

China-style state-led growth won’t work in Africa, Okonjo Iweala warns

Iheanyi Ejiofor May 21, 2018 headline

China has funneled billions of dollars into aid, loans and business deals on the African continent in recent years. But as ties continue to strengthen, a former Nigerian finance minister…

Read More China-style state-led growth won’t work in Africa, Okonjo Iweala warns

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