Economy

Latest Economy News

INVESTOR’S WEALTH: Sustained Sell-offs Slash N2.57trn From Stock Market Cap In October

By Munachimso Obienyi With heavy profit-taking occasioned by the weak macroeconomic environment,…

Nwafo Nwafo 122 Views

MINISTRY OF POWER: Senate Summon Finance Minister Over N147bn Projects

By Munachimso Obienyi The Senate Committee on Power has summoned Minister of…

Nwafo Nwafo 121 Views

ELECTRICITY: 11 Discos Remit N291bn To CBN In Eight Months

By Munachimso Obienyi The eleven electricity distribution companies in Nigeria remitted a…

Nwafo Nwafo 284 Views

DIGITAL FINANCIAL INTEGRATION: CBN Highlights Weak Infrastructure, Low Income, Amongst Other Challenges

By Munachimso Obienyi The Governor of the Central Bank of Nigeria (CBN),…

Nwafo Nwafo 134 Views

OPEC: Dangote 650,000bpd Facility Expected To Account For More Than Half Of Africa Refinings

By Emegwoako C. Paschal According to OPEC, the much-anticipated Dangote Refinery's processing…

Nwafo Nwafo 213 Views

CBN: Interest On Deposits Hits 4.08% In September 2022

By Munachimso Obienyi Following the increase in Monetary Policy Rate (MPR) to…

Nwafo Nwafo 204 Views

ROAD CONSTRUCTION: FG Owes Contractors N10.4trn – Fashola

By Munachimso Obienyi The Minister of Works and Housing, Mr. Babatunde Fashola…

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FOREX EARNINGS: FG Grants Operating Licenses To Export Terminals

By Munachimso Obienyi The Federal Government, through the Nigerian Ports Authority (NPA)…

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FINANCIAL PERFORMANCE: Flour Mills Nigeria Plc Boosts Half-Year Revenue Up By 38%

By Munachimso Obienyi Despite the inflationary environment, Flour Mills of Nigeria (FMN)…

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RESTRUCTURING: Twitter To Lay Off 25% Employees

By Munachimso Obienyi Twitter, which was acquired last week by billionaire Elon…

Nwafo Nwafo 236 Views

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