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Category: Economy

Economy

Nigeria Is Coming Out Of Recession- Adeosun

Iheanyi Ejiofor May 17, 2017

Chidi Samuel || Nigeria’s Minister of Finance, Mrs. Kemi Adeosun on Tuesday confirmed that the Country the Country was gradually easing out of recession. Mrs. Adeosun’s disclosure came shortly after…

Read More Nigeria Is Coming Out Of Recession- Adeosun
Economy

Inflation rate falls for the third month in a row- NBS

Iheanyi Ejiofor May 16, 2017 headline

The consumer pricing index used to measure the rate of inflation dropped from 17.26 percent in March to 17.24 in the month of April 2017, according to the National Bureau…

Read More Inflation rate falls for the third month in a row- NBS
Business Economy

CBN boosts forex market with $457.3m

Iheanyi Ejiofor May 15, 2017 headline

The Central Bank of Nigeria (CBN) on Monday injected 457.3 million dollars into various segments of the market. The CBN Spokesman, Mr. Isaac Okorafor in a statement in Abuja, said…

Read More CBN boosts forex market with $457.3m
Business Economy

Ignore rumours of financial distress in banks – NDIC BOSS

Iheanyi Ejiofor May 14, 2017 headline

The Managing Director/Chief Executive of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim has called on members of the public to ignore rumours of financial distress in some banks that…

Read More Ignore rumours of financial distress in banks – NDIC BOSS
Business Economy

Shareholders laud Sterling Bank’s performance

Iheanyi Ejiofor May 14, 2017

Shareholders of Sterling Bank Plc. – the “one customer bank”, commended the Bank’s Board and Management for reporting a profitable performance for the year ended December 31, 2016, despite the…

Read More Shareholders laud Sterling Bank’s performance

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