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Category: Economy

Business Economy

Heritage Bank sacks 400 staff

Iheanyi Ejiofor January 17, 2017

Heritage Bank has embarked on mass retrenchment of its workers with 400 staff sacked in December. According  to Investigations carried out by the News Agency of Nigeria (NAN) and  indications are…

Read More Heritage Bank sacks 400 staff
Economy

Exclusive: FG to refund N75 bn to Akwa Ibom state

Iheanyi Ejiofor January 16, 2017

Chidi Samuel All things being equal, the Federal government will in the coming weeks refund the first instalment of seventy five billion naira, being slightly over fifty percent of the…

Read More Exclusive: FG to refund N75 bn to Akwa Ibom state
Economy

Nigeria’s GDP will grow by 0.8% in 2017- IMF

Iheanyi Ejiofor January 16, 2017

Ebun Francis The the International Monetary Fund (IMF) is projecting that Nigeria’s gross domestic product (GDP) will grow by 0.8 percent in 2017, according to a report it released on Monday.…

Read More Nigeria’s GDP will grow by 0.8% in 2017- IMF
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

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