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Category: Economy

Economy

Major shake-up in NNPC, 55 top executives affected

Iheanyi Ejiofor August 29, 2017 headline

The Nigeria National Petroleum Company, NNPC on Tuesday said it has reshuffled the management staff in some its units to enable the organisation position for the challenges ahead. In a…

Read More Major shake-up in NNPC, 55 top executives affected
Economy Maritime

Maritime security: NIMASA moves to achieve 100% compliance to ISPS Code

Iheanyi Ejiofor August 28, 2017

The Nigerian Maritime Administration and Safety Agency (NIMASA) on Monday expressed its readiness to ensure that all ships and ports facilities in Nigeria comply fully with the provision of the International…

Read More Maritime security: NIMASA moves to achieve 100% compliance to ISPS Code
Economy

CBN injects $250m into Forex market

Iheanyi Ejiofor August 28, 2017 headline

The Central Bank of Nigeria has again intervened in the Inter-Bank Foreign exchange Market to the tune of $250m. The Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, said…

Read More CBN injects $250m into Forex market
Economy

Buhari pleased with economic state of Nigeria

Iheanyi Ejiofor August 28, 2017 headline

Press Release || President Muhammadu Buhari says he is pleased with Nigeria’s economic situation. The president received briefing from the Minister of Budget and National Planning, Udoma Udoma; the Minister…

Read More Buhari pleased with economic state of Nigeria
Economy

Inflation rate drops for sixth consecutive time to 16.05%

Iheanyi Ejiofor August 28, 2017 headline

Ebun Francis || Nigeria’s inflation rate dropped for the sixth consecutive time since the beginning of 2017 according to the Consumer Price Index which measures inflation released by the National Bureau of…

Read More Inflation rate drops for sixth consecutive time to 16.05%

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