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Category: Economy

Economy

Zenith, GTB ‘highest rated banks’ in Nigeria -Fitch

Iheanyi Ejiofor February 16, 2017 headline

Chidi Samuel One of the world leading rating agencies, Fitch, Wednesday rated Zenith and Guaranty Trust Bank (GTB) highest in Nigeria even as it downgraded the rating of both institutions and…

Read More Zenith, GTB ‘highest rated banks’ in Nigeria -Fitch
Economy

Fayose storms finance ministry, demands payment of N1.1bn

Iheanyi Ejiofor February 16, 2017 headline

Ebun Francis Ayo Fayose, the Governor of Ekiti State on Wednesday stormed the headquarters of the Federal Ministry of Finance and demanded the release of the state’s N1.1bn  budget support…

Read More Fayose storms finance ministry, demands payment of N1.1bn
Economy

Oil production hits 2million barrels daily – Kachikwu

Iheanyi Ejiofor February 16, 2017 headline

Ebun Francis The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, disclosed on Wednesday that crude oil production in the country had risen to two million barrels per day.…

Read More Oil production hits 2million barrels daily – Kachikwu
Economy

FIRS made N3.3 trillion in 2016

Iheanyi Ejiofor February 15, 2017 headline

The Federal Inland Revenue Service (FIRS) made a record N3.303 trillion in 2016, its chairman Babatunde Fowler disclosed in Lagos, shredding earlier reports of the revenue made for the central government by…

Read More FIRS made N3.3 trillion in 2016
Economy

Dangote targets one million tonnes of rice

Iheanyi Ejiofor February 15, 2017 headline

Ebun Francis Aliko Dangote, President of Dangote Group of Companies,on Wednesday during the inauguration of the Dangote Rice Out growers scheme in Sokoto state, disclosed that his company intends to…

Read More Dangote targets one million tonnes of rice

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