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Category: Economy

Economy

Dangote ends era of cement importation, exports 400,000 metric tons

Iheanyi Ejiofor March 1, 2017 headline

Dangote cement Plc, the country’s leading cement manufacturer has made history by becoming the first company to draw the curtain on Nigeria’s dependence on cement importation as it exported 0.4 million…

Read More Dangote ends era of cement importation, exports 400,000 metric tons
Economy

Economy showing signs of recovery – NBS

Iheanyi Ejiofor February 28, 2017 headline

Agency report || Indications have emerged that the Nigerian economy is on its way out of recession considering 2016 overall and last quarter Gross Domestic Product (GNP) reports. A review…

Read More Economy showing signs of recovery – NBS
Economy

Zenith bank declares N129.65bn profit

Iheanyi Ejiofor February 27, 2017 headline

Zenith International Bank Plc declared a profit after tax of N129.65 billion and a final dividend of N1.77 per share for 2016. The company’s audited account released by the Nigerian…

Read More Zenith bank declares N129.65bn profit
Economy

Dollar set to crash again as CBN floods market

Iheanyi Ejiofor February 27, 2017 headline

Chidi Samuel || – Pumps $80m for PTA, School Fees, Medicals, $100m Through Banks for Wholesale Forwards Market In line with its determination to increase liquidity in the foreign exchange market,…

Read More Dollar set to crash again as CBN floods market
Economy

Nigeria eases visa processes for investors, tourists

Iheanyi Ejiofor February 26, 2017 headline

Chidi Samuel || The Federal Government has eased the visa processes for foreigners who wish to visit Nigeria for business and tourism, by introducing the visa on arrival scheme for high…

Read More Nigeria eases visa processes for investors, tourists

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