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Category: Economy

Business Economy

I will resign if Nigeria still import fuel by 2019- Kachikwu

Iheanyi Ejiofor May 22, 2017 headline

The Minister of state for Petroleum, Dr. Ibe Kachikwu has said he will resign from his current position if Nigeria continues with the importation of petroleum products by 2019. Kachikwu made…

Read More I will resign if Nigeria still import fuel by 2019- Kachikwu
Business Economy

S&P rates UBA ‘B/B’, the highest among Nigerian banks

Iheanyi Ejiofor May 22, 2017 headline

The United Bank of Africa, UBA, has been rated ‘B’ long-term and ‘B’, short term by Standard and poor’s (S&P), an International rating agency. The ‘B’ rating is the highest currently…

Read More S&P rates UBA ‘B/B’, the highest among Nigerian banks
Economy

British Airways slashes Abuja- London fare

Iheanyi Ejiofor May 21, 2017 headline

Customers flying British Airways (BA) through its Abuja-London route would pay a slashed fare of $277 between May 15, 2017, and June 30, 2017, for a one-way trip. Mr. Kola…

Read More British Airways slashes Abuja- London fare
Economy

A’Ibom lead other states with N34.8bn from FAAC allocation in 1/2

Iheanyi Ejiofor May 21, 2017 healine

The first quarter 2017 federation account allocation committee, FAAC, report shows that the federal and state governments shared a total of N1.4 trillion. Akwa Ibom received N34.8bn, the highest allocation…

Read More A’Ibom lead other states with N34.8bn from FAAC allocation in 1/2
Economy

FG agree to fix new minimum wage for workers

Iheanyi Ejiofor May 19, 2017 headline

Chidi Samuel || The federal government has finally confirmed that the minimum wage as paid to Nigerian workers presently is overdue for review. The Minister of Labour and employment Dr.…

Read More FG agree to fix new minimum wage for workers

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