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Day: August 28, 2024

Without structural gaps, Nigeria’s GDP will grow by 5% – IMF
BusinessLocal

Without structural gaps, Nigeria’s GDP will grow by 5% – IMF

*The International Monetary Fund (IMF) stated that Nigeria’s economy, currently growing at 3.19%, could reach a 5% growth rate by…

byayotilewaAugust 28, 2024August 28, 2024
External auditors to examine NNPC N2.6tn subsidy claim
BusinessLocal

External auditors to examine NNPC N2.6tn subsidy claim

The Federal Government of Nigeria is set to hire an external auditor to verify the N2.7 trillion fuel subsidy claim…

byayotilewaAugust 28, 2024August 28, 2024
Reps promises to pass bill on electricity theft
BusinessLocal

Reps promises to pass bill on electricity theft

The Chairman of the House of Representatives Committee on Privatisation and Commercialisation, Hamisu Ibrahim, announced plans to collaborate with other…

byayotilewaAugust 28, 2024August 28, 2024
AMCON set to sell Ibadan Disco
BusinessLocal

AMCON set to sell Ibadan Disco

The Assets Management Corporation of Nigeria (AMCON) plans to sell the Ibadan Electricity Distribution Company (IBEDC) to investors capable of…

byayotilewaAugust 28, 2024August 28, 2024
Recapitalisation: ASHON accuses banks of sidelining stockbrokers
BusinessLocal

Recapitalisation: ASHON accuses banks of sidelining stockbrokers

The Association of Securities Dealing Houses of Nigeria (ASHON) has accused banks of bypassing licensed stockbrokers in the ongoing bank…

byayotilewaAugust 28, 2024August 28, 2024

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