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Category: Economy

Economy

FG recover $85 million from Malibu oil deal

Iheanyi Ejiofor October 26, 2017 headline

Ebun Francis || The federal government on Thursday said it has recovered the sum of $85 million looted from the country from the controversial Malibu oil deal. The minister of justice…

Read More FG recover $85 million from Malibu oil deal
Business Economy

$3 billion from loan request will be used to service debt inherited from Jonathan’s regime -Adeosun

Iheanyi Ejiofor October 26, 2017 headline

Ebun Francis || Nigeria’s finance minister, Kemi Adeosun has said that the $3 billion out of the $5.5 billion loan request President Muhammadu Buhari sent to the Senate for approval…

Read More $3 billion from loan request will be used to service debt inherited from Jonathan’s regime -Adeosun
Breaking Economy

Nigerian Breweries Enhances Businesses through Goldberg’s Initiative

Iheanyi Ejiofor October 25, 2017

Nigerian Breweries Plc has enhanced businesses with grants in Osun and Ekiti States through Goldberg’s Isedowo empowerment initiative, which will also be extended to other Southwest states. Beneficiaries of Isedowo…

Read More Nigerian Breweries Enhances Businesses through Goldberg’s Initiative
Business Economy

Zenith Bank records 35% growth in PAT

Iheanyi Ejiofor October 24, 2017 headline

Alabingo Finance Report || A review of the financial position of Zenith Bank in Q3 2017 result released on Thursday, showed lender recorded 35.49 per cent appreciation in its post-tax profit to…

Read More Zenith Bank records 35% growth in PAT
Business Economy

CBN consolidates forex market stability with $195m

Iheanyi Ejiofor October 23, 2017 headline

The Central Bank of Nigeria (CBN) on Monday, October 23, 2017, injected the sum of $195million into the inter-bank Foreign Exchange Market. Figures obtained from the Bank indicate that the…

Read More CBN consolidates forex market stability with $195m

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