Much Ado About GDP Rebasing – by Dr. Tque Majolagbe
Over the years, successive governments in Nigeria have always bamboozled us with great terminologies such as GDP, per capita and
Read More
ECONOMY
Osun approves 15% subsidy on agric implements
By Olorunfemi Ojo Osun State Government yesterday announced it had approved a 15 per cent subsidy on agricultural implements
Read More
Investors Count Losses At the End of First Quarter as share prices depreciate
By Kusoro Jeremiah For the army of investors who had banked on the nation’s capital market for bountiful gains at
Read More
Rebasing The GDP: Nigeria Emerges As The Largest Economy In Africa
Olorunfemi Ojo Nigeria, according to the Statistician-General of Nigeria, Dr. Yemi Kale, has emerged the largest economy in Africa. The
Read More
Court stops Financial Reporting Council from investigating Sanusi, CBN
A Federal High Court in Lagos presided by Justice J. T. Tsoho today gave a preservatory order restraining the Financial
Read More
Stakeholders discuss economic growth
By Kusoro Jeremiah Stakeholders in various sectors of the economy have unanimously agreed that the economic divide between the North
Read More
Access Bank to grow market share by $2.3bn
By kusoro Jeremiah Access Bank Plc has projected to grow its market share on the global trade platform from $4.1bn
Read More
CBN Governor-designate assures Nigerians of vibrant economic policies By Jeremiah Kusoro Central Bank of Nigeria (CBN) Governor-designate, Mr Godwin Emefiele, on Wednesday assured Nigerians that the bank would pursue vibrant policies to ensure sustainable economic growth. Emefiele, who said this at the 23rd Annual General Meeting of Zenith Bank Plc. in Lagos, explained that, the bank would be firm and just to ensure growth of the economy. He described his appointment as a national assignment, noting that CBN would take Nigeria and the economy to a greater height. “We will work very hard to ensure that we don’t abuse the confidence of shareholders,’’ he said. Emefiele, who is also the outgoing Group Managing Director, Zenith Bank, said that the apex bank would protect economic interest at all times. To the Zenith bank shareholders, he said, the bank would continue to reposition itself as one of the biggest bank in Nigeria and the first in Africa. According to News Agency of Nigeria (NAN) Zenith bank Plc shareholders at the meeting approved the bank’s total dividend of N54.94 billion for the financial year ended Dec. 31, 2013. The N54.94 billion translated to N1.75 per share National Coordinator, Pragmatic Shareholders of Nigeria, Mrs Bisi Bakare, commended the bank for the improved result and dividend in spite of unfriendly economic environment.
By Jeremiah Kusoro Central Bank of Nigeria (CBN) Governor-designate, Mr Godwin Emefiele, on Wednesday assured Nigerians that the bank
Read More
N789.6 million subsidy fraud: EFCC files amended charge against three oil marketers
By Adetokunbo Fakeye The Economic and Financial Crimes Commission, EFCC, today(Wednesday) filed a 26-count amended charge against three oil
Read More
World Bank to rescue Oyo from flood disaster with $200m
The World Bank has indicated its readiness in addressing the challenges associated with the flood disaster that occurred in Oyo
Read More