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Category: Economy

Business Economy

Dangote floats truck assembly plant

Iheanyi Ejiofor January 16, 2017

Dangote Group of Companies has established a $100 million truck assembly plant in Lagos as part of its efforts to boost foreign exchange and job creation. The group said in…

Read More Dangote floats truck assembly plant
Business Economy

NSE: Stakeholders call for collaborative effort in addressing market challenges

Iheanyi Ejiofor January 16, 2017

Stakeholders of the Nigerian stock exchange have called for collaborative effort of all stakeholders toward attaining market developmental imitative expected to enhance the capital market in 2017. A stockbroker at…

Read More NSE: Stakeholders call for collaborative effort in addressing market challenges
Economy

Inflation rate hits 18.55% – NBS

Iheanyi Ejiofor January 15, 2017

THE National Bureau of Statistics (NBS) recorded inflation rate hitting 18.55per cent last month in the country from 18.48 per cent in November, the highest in 11 years. Prices of food…

Read More Inflation rate hits 18.55% – NBS
Business Economy

Fidelity Bank rewards customers with N9m

Iheanyi Ejiofor January 13, 2017

Chidi Samuel Fidelity Bank Plc, Thursday doled out a total of N9 million to six of the bank’s customers in the fourth draw of the bank’s ongoing ‘Get Alert in…

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Business Economy

Germany, France, AfDB to fund Development Bank of Nigeria

Iheanyi Ejiofor January 13, 2017

The Development Bank of Nigeria (DBN) is expected to kick off operations in 2017, with funding from Germany, France, the World Bank, and a few other financing institutions. According to…

Read More Germany, France, AfDB to fund Development Bank of Nigeria

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