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Category: Economy

Business Economy

Stock market crashes by N1.61tn in two years under Buhari – Report

Iheanyi Ejiofor May 27, 2017 headline

The Nigerian stock market crashed by N1.61tn in two years under the current Federal Government headed by President Muhammadu Buhari. Data from the Nigerian Stock Exchange showed that the NSE…

Read More Stock market crashes by N1.61tn in two years under Buhari – Report
Business Economy

British Airways cancels all flights

Iheanyi Ejiofor May 27, 2017 headline

British Airways on Saturday announced the cancellation of all flights from London’s Heathrow and Gatwick airports as a global IT failure causes severe disruption for travellers. The airline said it…

Read More British Airways cancels all flights
Economy

We recovered N134bn from debtors in 2016 – AMCON

Iheanyi Ejiofor May 26, 2017 headline

Asset Management Corporation of Nigeria said on Friday that it was able to recover N134bn from various debtors in the 2016 financial year. The Managing Director/Chief Executive Officer, AMCON, Mr.…

Read More We recovered N134bn from debtors in 2016 – AMCON
Economy

Jonathan shared ecological fund to PDP states only- NEC

Iheanyi Ejiofor May 26, 2017 headline

The National Economic Council, NEC, on Thursday at the end of its monthly meeting concluded that former President Goodluck Jonathan discriminated against non-PDP states in the sharing of the nation’s ecological funds. The…

Read More Jonathan shared ecological fund to PDP states only- NEC
Breaking Economy

( Updated) Senate pass PIB bill after 14 years delay

Iheanyi Ejiofor May 25, 2017 headline

At last, the Nigerian Senate on Thursday passed the long awaited but delayed Petroleum Industry Governance Bill. The PIGB is the first part of the Petroleum Industry Bill, which the National Assembly has failed…

Read More ( Updated) Senate pass PIB bill after 14 years delay

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