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Reps: Ukori hails Ereyitomi’s victory

Reps: Ukori hails Ereyitomi’s victory

In a gesture of appreciation and recognition, the Amb. Comr. Jude Ukori has extended his congratulations to Chief Thomas Ereyitomi, the newly elected member of the House of Representatives for the Warri Federal Constituency. Chief Ereyitomi emerged victorious in the keenly contested February 25th, 2023, National Assembly election and has since been declared the winner […]

<strong>AfCFTA boosts intra-African trade by 20% — UN</strong>

AfCFTA boosts intra-African trade by 20% — UN

By Yinka Kolawole, with agency report The United Nations Economic Commission for Africa (UNECA) says the African Continental Free Trade Area (AfCFTA) increased trade between countries in the region by 20 percent in 2022. Antonio Pedro, Acting Executive Secretary of UNECA, spoke on the success of the AfCFTA project on the sidelines of the 9th […]

Consumer loans reverse decline, rise 3.4% to N2.52trn

Consumer loans reverse decline, rise 3.4% to N2.52trn

By Babajide Komolafe, Economy Editor For the first time in four months, banks increased loans to consumers by 3.4 percent to N2.34 trillion in November last year, driven by yuletide preparation spending.  Consumer loans are money lent by banks to one or more individuals for household, family, or other personal expenditures. According to the Central Bank […]