Friday, April 26, 2024
Tags Business News

Tag: Business News

Naira weakens further as dollar rises to 478

By Usman Sulyman The naira extended its decline on Wednesday at the parallel market as the United States dollar was sold for N478. The local currency, which...

Banks’ total assets rise to N47.82tn

By Usman Sulyman The total assets of the banking sector rose to N47.82tn as of the end of June 2020. A member of the Monetary Policy...

IMF reveals Nigeria’s economy’ll nosedive by 5.4%, cuts GDP forecast

By Usman Sulyman The International Monetary Fund (IMF) has downgraded Nigeria’s 2020 growth projection, saying the economy will shrink by 5.4 per cent. The IMF had...

N440m debt: AMCON seizes Doggi Group’s assets

By Usman Sulyman Following the order of Honourable Justice A.I.Chikere of the Federal High Court, Abuja division, the Asset Management Corporation of Nigeria (AMCON) has...

Expect COVID-19 loans 48 hours after approval – CBN

By Usman Sulyman The Central Bank of Nigeria (CBN) has said all applicants that have submitted their account details for the COVID-19 targeted credit facility...

Pension reform: FG yet to implement raise in workers’ contributions from 15 to 18%

• Former unionist charges labour to mount pressure By Usman Sulyman The Pension Reform Act 2014 has mandated employers under the Contributory Pension Scheme to raise...
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Shehu Sani speaks on Kaduna’s $350m World Bank loan

Shehu Sani, a former senator representing Kaduna Central, has put to fore his opinion on the issue of the $350 million World Bank loan. He...

There can never be peace in APC, party chieftain, Nabena fumes

Yekini Nabena, the former Deputy National Secretary of the All Progressives Congress, APC, has given notice that the party will never know peace with...

NIPR Award: Shagaya congratulates his SA Media

  Hon Muktar Tolani Shagaya, the member representing Asa and Ilorin West Federal Constituency at Federal House of Representatives, has congratulated his Special Adviser Media...

Hon. Muktar Shagaya, NEMA share palliatives to flood victims in Ilorin West/Asa local governments

Member representing Ilorin West/Asa Federal House Assembly, Honourable Muktar Tolani Shagaya, on Tuesday distributed over 1000 units of food items to victims of flood...