Nigeria will need 15 years to transform economy – World Bank VP
The World Bank says that Nigeria must sustain its current economic reforms over the next 10 to 15 years to position itself as a leading global economic power, not only in sub-Saharan Africa but worldwide.
CBN boosts poultry industry with N12.5bn
The Central Bank of Nigeria (CBN) has released the sum of N12.552 billion to large, medium and small-scale poultry farmers in the country as part of its strategy to boost egg and meat production while creating more jobs in the sub-sector.
PIB passage can stir economic growth before fossil fuel use – Energy expert
Chairman of Ghana National Petroleum Corporation, Prof Wunmi Ilebare, has said that Nigeria still has the chance to stir economic growth ahead of the use of fossil fuel as main source of global energy with the passage of the Petroleum Industry Bill (PIB).
Disengaged workers pension withdrawal up 11.14% to N14.97bn
As PenCom pays N20bn to the dead By Peter Egwuatu ECONOMY THE National Pension Commission, PenCom, recorded fund withdrawals by pensioners amounting to N14.96 billion through 26,458 Retirement Savings Account (RSA) holders under the age of 50 in the last nine months. This represents an increase of N1.5 billion or 11.14 percent from N13.46 billion […]
Manufacturers may not open next month over COVID-19, Forex crises
Manufacturing sector operators have indicated that many factories may not open for activities next month due to the impact of COVID-19 fallouts as well as scarcity of foreign exchange supply.
How Seplat was roped into Cardinal, Access Bank tussle
There were indications that the sealing of the office of Seplat Petroleum by a court order was a collateral damage to the petroleum firm in a fall out of the failed loan agreement between Access Bank Plc and Cardinal Drilling Services Limited.
