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Category: Economy

Economy Maritime

Iheanacho warns of disruption of fuel distribution if Apapa gridlock persists

Iheanyi Ejiofor August 24, 2017

A tank farm owner and the Chairman of Integrated Oil, Capt Emmanuel Iheanacho has raised an alarm over possible disruption of petroleum products across the country if the malignant Apapa…

Read More Iheanacho warns of disruption of fuel distribution if Apapa gridlock persists
Economy

FG, states, LGs share N467.8 billion in August as revenue drops

Iheanyi Ejiofor August 23, 2017 headline

The federal government, states and local governments shared N467.8 billion in August, the Minister of Finance, Kemi Adeosun, said on Tuesday. This indicates a shortfall in revenue by N184.2 billion…

Read More FG, states, LGs share N467.8 billion in August as revenue drops
Business Economy

Diamond Bank records profit, despite massive drop in FX earnings

Iheanyi Ejiofor August 22, 2017 headline

Alabingo Finance Report || In spite of the decline in its net trading income and other incomes, Diamond Bank grew post-tax profit by marginally in the first half of this…

Read More Diamond Bank records profit, despite massive drop in FX earnings
Business Economy

Adeosun is the new Chairperson Of ECOWAS Investment Bank

Iheanyi Ejiofor August 22, 2017

Ebun Francis || Mrs. Kemi Adeosun, Nigeria’s minister of finance on Tuesday emerged Chairperson of the board of governors of Economic Community of West African States ( ECOWAS) Bank of Investment…

Read More Adeosun is the new Chairperson Of ECOWAS Investment Bank
Business Economy

FG not serious about its diversification policy – Odunuga

Iheanyi Ejiofor August 21, 2017

Sesan Laoye || The federal government is not serious about his diversification from oil to other sectors to boost revenue generation. The National Vice President of the Hotelier Association of…

Read More FG not serious about its diversification policy – Odunuga

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