Business

BABAJIDE OKEOWO Forte Oil Plc has notified the Nigerian Stock Exchange, NSE, and its shareholders of the resignation of Mr. Akin Akinfemiwa and Mr. Julius Omodayo-Owotuga, as Chief Executive Officer and Chief Financial Officer of the…

BABAJIDE OKEOWO The Chief Executive Officer, CEO of Stanbic IBTC Holdings Plc, Yinka Sanni has allayed the fears of shareholders, urging them not to worry about the bank’s loans portfolio because they are performing well. He gave this…

The Nigerian Employers’ Consultative Association (NECA) has reacted to the call by President Muhammadu Buhari on state governments to increase Value Added Tax (VAT) in an attempt to increase their Internally Generated Revenue (IGR).…

Stories Johnkennedy Uzoma, Owerri The usual defacing and rough handling of the Nigerian currency is now over as the Central Bank of Nigeria has set its machineries to arrest and persecute perpetrators of the illegality.…

Normal buying and selling of goods have returned to the popular Ekeukwu Owerri Market along Douglass Road, which was demolished and traders chased out of the place by the ex- governor of Imo State, Rochas Okorocha.  This is coming,…

Mr. Babatunde Irukera, the Chief Executive Officer, CEO of The Federal Competition and Consumer Protection Council has called for transparency in the operations of Distribution Companies, DisCos in the country if Nigerians are to enjoy…

EMEKA OKOROANYANWU Nigeria and Africa’s largest cement maker, Dangote Cement is engaged in a fierce battle to regain lost grounds in Nigeria’s lucrative cement market. Dangote Cement as at end of 2018 controlled about 60 per cent share of…

Two members of the Central Bank of Nigeria Monetary Policy Committee have explained why they called for a cut in the benchmark Central Bank Monetary Policy Rate “MPR” from 13.5% to 13.25%. The two members, Shonubi…

BABAJIDE OKEOWO Stakeholders in the Nigerian economy have thrown their weight behind the Central Bank of Nigeria’s policy on smugglers. Leading the charge, the Director-General of the Manufacturers Association of…

The dollar was on the back foot on Monday after sustaining its biggest weekly drop in four months last week as traders remained cautious about the prospects of trade talks between the United States and China at this week’s G20 summit.…