Business & Economy - Page 90

The National Bureau of Statistics (NBS) has disclosed that  Nigeria’s headline inflation rate increased to 33.88  per cent in October 2024. The NBS disclosed this in its Consumer Price Index (CPI) and Inflation Report for October 2024, which was released in

By MIKE ABBAH The Vice Chancellor of Bowen University, Professor Jonathan Oyebamiji Babalola, has commended Globacom for its consistent provision of digital services to the institution over the years. He made this remark during a business meeting with Globacom’s Enterprise Business Team

By MIKE ABBAH The Federal Government has secured a $134 million loan from the African Development Bank (AfDB) to support farmers in enhancing seeds and grain production across the country. This was disclosed by the Minister of Agriculture and Food Security, Sen.

By MIKE ABBAH As the 42nd Annual International Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) got underway in Lagos this week, the Nigerian Content Development and Monitoring Board (NCDMB) has canvassed industry-wide support for initiatives that would reverse

By MIKE ABBAH Access Holdings Plc has announced that its banking subsidiary, The Access Bank UK Limited, has entered into a binding agreement to acquire a majority equity stake in Afrasia Bank Limited, the Republic of Mauritius’ fourth-largest bank by total assets.

By MIKE ABBAH The South African Pay-TV operator, Multichoice Group, said it has written off the N31.6 billion ($21 million) cash it had with the recently liquidated Heritage Bank. The Group disclosed this in its results for the six months ended September

President Bola Tinubu has proposed a total of N47.9 trillion for the 2025 budget. Minister of budget and economic planning Atiku Bagudu announced this after Thursday’s Federal Executive Council (FEC) meeting presided over by Tinubu. This budget proposal is part of the

The Abia State Government is expecting over 10,000 participants at the 2024 Aba International Trade Fair taking place from November 28 to December 7, 2024, the State Deputy Governor, Ikechukwu Emetu, has disclosed. Addressing a press conference held yesterday (Wednesday, November 13)

The NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Ltd. (NNPC Ltd.), has executed a Gas Sale and Purchase Agreement (GSPA) with Dangote Petroleum Refinery and Petrochemicals FZE, the News Agency of Nigeria has reported. Under

POS operators charge N300 per N5,000, N500 for N10,000 From IKECHUKWU NNADI, Nsukka Residents of the South East zone, comprising Abia, Anambra, Enugu, Ebonyi and Imo states have expressed sadness at the frustration and disappointments they experience while trying to carry out