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Private Sector Activity Growth Quickens in April – Report
Despite the rise in inflation in the country, business activities have quickened in April, according to StanbicIBTC's Purchasing Managers’ Index™ (PMI)
inflation rate surged to 16.82 per cent In April 2022- the highest in the last…
Makinde Confident PDP Will Get It Right In 2023
Oyo State Governor, Seyi Makinde, said on Tuesday that the People's Democratic Party (PDP) has better aspirants and would present a presidential candidate that will win the Presidency and salvage the country from the throes of…
CBN Involvement In Trade Policies Creating Problems, Says, Muda Yusuf
The Chief Executive Officer (CEO) of
Centre for the Promotion of Private Enterprise (CPPE), Muda Yusuf
has asked the Central Bank of Nigeria (CBN) to withdraw from all trade policies and leave them to the assigned agencies and…
Nigeria’s Inflation Rate Hits Eight Months High, Now 16.82% In April
The consumer price index, (CPI) which measures Nigeria's inflation rate increased to 16.82 per cent In April 2022- the highest in the last eight months and 0.02 short of the prediction of the Central Bank of Nigeria for May..
The…
FIRS Celebrates NLPG, 21 Others Top Taxpayers In 2021
For fulfilling their tax obligations despite the ravaging Covid-19 pandemic and the attendant harsh economy, the Federal Inland Revenue Service (FIRS) has celebrated Nigeria Liquified Petroleum Gas Company Ltd and 21 others, describing…
Sellers, Parents Raise Concern Over High Price Of Eggs.
Less privileged parents have raised concerns about the current price of eggs, fueling fear, that the poultry product may soon exit the menu lists of many Nigerians.
The price of eggs has gradually moved from N30 to N100 a piece and…
11 Banks Grow Customer Deposits To N41.18tn Despite e-naira’s Hype
Total customer deposits in 11 Nigerian banks rose to N41.18 trillion at the end of the first quarter of this year from N39.48 trillion in December 2021, their unaudited financial statements have shown.
The increase represents 4.31 per…
Bullish Sentiment Spurs Investors’ Gain To N1.17tn In Week
As investors keep up with positive sentiment and buy companies' stocks with sound fundamentals, the Nigerian stock market is expected to continue on a bull run in the new week, heading against rising insecurity, domestic supply chain…
Jean Baptiste Colbert: A Child Of His Time
Our unforgettable today is Jean Baptiste Colbert.
He is one of those who made their way to the list of unforgettable not for ideas but for practice. Jean Baptiste Colbert did not sit to put together a body of thoughts or ideas. He…
Nestlé’ Nigeria Trims Costs To Stretch Out Profit To N18b In Q1
Nestle Nigeria made some headway in the first quarter in trimming critical cost lines that hindered profit improvement in 2021. The cost-saving plus improving sales revenue enabled the company to push after-tax profit a clear 45 per…