Economy
Tarrif Review Puts Ikeja Electric, Customers On Collision Course
Recent tarrif review by the National Electricity Regulatory Commission (NERC) may have intensified animosity between the Ikeja Electricity Distribution Company...
Read moreDetailsAMCON Takes Over Geedee Zulu Investment Limited Over N4Bn Debt
Following the order of Honourable Justice M.S. Hassan of the Federal High Court, Lagos division, the Asset Management Corporation of...
Read moreDetailsEconomy In Worst Downturn,Shrinks 6%, Analysts Say Time To Think Differently
The Nigerian economy contracted 6.2% y/y in Q2:2020 from 1.8% y/y in Q1:2020, in what Afrinvest analysts regard as the...
Read moreDetailsAnxiety As IBTC, Others May Lose Customers As PenCom Opens Transfer Window Soon
As the nation awaits issuance of final guidelines for opening of transfer window as provided by the Pension Reform Act...
Read moreDetailsTragedy As Nigeria’s Unemployment Now 27 Percent In Q2, Highest In A Decade
In what analysts attribute to rising number of people searching for jobs and or people previously working have lost their...
Read moreDetailsCBN’s Supervisory Role Under Scrutiny Over Bank’s N573m ‘Error’ Claim
The Central Bank of Nigeria (CBN)'s Act of 2007 of the Federal Republic charges the Bank with, among others, the...
Read moreDetailsWhy Shoprite May Exit Nigeria After 15Yrs
There are strong indications that aside the surface excuse of low Return on Investments (ROI) as its major reason for...
Read moreDetailsShoprite, Retail Giant Announces Decision To Exit Nigeria
Retail giant, Shoprite has declared it is leaving Nigeria 15 years after it began operation in Africa’s most populous country....
Read moreDetailsBuhari Finally Reacts To NDDC, EFCC Investigations, Accuses Appointees Of Trust Abuse
President Muhammadu Buhari has finally reacted to the alleged corruption leveled against the leaderships of some Federal Government Agencies and...
Read moreDetailsWhy WTO Fails To Agree On Interim Leader
As the November race for the coveted leadership position of the World Trade Organization (WTO) hots up, the Geneva...
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