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Business

FG Seeks $1bn World Bank Loan For Power Sector

FG Seeks $1bn World Bank Loan For Power Sector   The Minister of Finance, Mrs. Zainab Ahmed has disclosed that the federal has commenced discussion with the World Bank with…

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Business

No Plan To Remove Subsidy Now, FG Insists

No Plan To Remove Subsidy Now, FG Insists   There is no immediate plan to remove fuel subsidy, the Minister of Finance, Mrs. Zainab Ahmed has re-assured. Ahmed spoke, Sunday,…

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Business

‘There Is Nothing Wrong In States Owing Debt’

‘There Is Nothing Wrong In States Owing Debt’   The Governorship Candidate of Social Democratic Party (SDP) in Cross River, Mr Eyo Ekpo, has said that there is nothing wrong…

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Business

Nigeria’s Debt-to-GDP Ratio Risky- IMF

Nigeria’s Debt-to-GDP Ratio Risky- IMF   The International Monetary Fund, IMF, said Thursday that Nigeria’s Debt-to-GDP ratio though good but risky and cannot be guaranteed going forward. Debt-GDP ratio compares…

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Business

Nigeria’s Total Debt Now N24.38tn-DMO

Nigeria’s Total Debt Now N24.38tn-DMO   Ms Patience Oniha, Director-General, Debt Management Office (DMO), says the total public debt of Nigeria as at Dec. 31, 2018 is N24.38 trillion. Oniha,…

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Business

Trade Fair: Why There Was Low Turnout-KADCCIMA

Trade Fair: Why There Was Low Turnout-KADCCIMA   The Kaduna Chamber of Commerce, Industry, Mines and Agriculture (KADCCIMA), yesterday blamed the low turnout at the ongoing 40th Kaduna International Trade…

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Business

Creating One Of Africa’s Leading Retail Banks – Launch Of The New Access Bank Brand

Creating One Of Africa’s Leading Retail Banks – Launch Of The New Access Bank Brand Today we have publicly launched the new Access Bank, one company, with 28,000 staff across…

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Business

Fidelity Bank Grows Profits By 30.6%

Fidelity Bank Grows Profits By 30.6%   Fidelity Bank Plc has said that its profit before tax (PBT) grew by 30.6 percent to N25.1 billion in the financial year ended…

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Business

Minister Allays Fears Over 2019 Budget Oil Price Benchmark

Minister Allays Fears Over 2019 Budget Oil Price Benchmark   The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, on Wednesday in Abuja allayed fears over the oil…

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Business

Imbibing New Tax Culture Will Significantly Change Nigeria’s Economy- Buhari

Imbibing New Tax Culture Will Significantly Change Nigeria’s Economy- Buhari President Muhammadu Buhari Tuesday in Abuja said the Federal Government will continue to sensitize and encourage Nigerians to cultivate the…

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Business

Emefiele Projects 3% GDP Growth In 2019

Emefiele Projects 3% GDP Growth In 2019   Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, Thursday, projected that Nigeria’s Gross Domestic (GDP) growth will rise to three percent…

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Business

NSE Suspends Diamond Bank Shares

NSE Suspends Diamond Bank Shares   The Nigeria Stock Exchange NSE, Wednesday announced the suspension of Diamond Bank Plc shares from trading following the court sanction of its merger with…

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