Business/Economy

Food inflation hits 40% despite FG $3.3bn agric loan CHIGOZIE AMADI Despite securing multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food production, the cost of essential staple food items skyrocketed...

NIPC pledges to facilitate Economic Growth   CHIGOZIE AMADI NIGERIA Investment Promotion Commission(NIPC) has said it is committed to unveil several initiatives aimed at driving economic growth through investments. The Executive Secretary, Nigeria Investment Promotion Commission(NIPC), Aisha Rimi...

Abia Airport signature project takes off today- Prince Okey Kanu   CHIGOZIE AMADI The  Abia Airport is supposed to be a Federal Government project. The federal government had planned to build an airstrip but the Abia State ...

Ebonyi earmarks N5bn for construction of 126 housing units for civil servants. CHIGOZIE AMADI   In a way to assist state workers to get a descent place of abode, Ebonyi State Executive Council has approved N5bn for...

.Perform ground breaking ceremony CHIGOZIE AMADI   The Federal of Nigeria and the Abia State government on Tuesday, 17th of December,2024 performed the ground breaking ceremony of Abia State Airport project at Nsulu, Isialangwa North LGA of...

Akwa Ibom funds held in trust, not for personal use – Eno CHIGOZIE AMADI Akwa Ibom State Governor, Umo Eno, has reiterated his commitment to using state funds for projects that will benefit the majority of...

W’Bank plans $1.65bn loans for Nigeria next year CHIGOZIE AMADI The World Bank is set to decide on three major loan projects for Nigeria in 2025, totalling $1.65bn, as part of efforts to address critical developmental...

Shoppers Defy Cost-of-Living Crisis, Throng Markets Ahead of Yuletide CHIGOZIE AMADI Despite the lingering cost-of-living crisis in the country, shoppers are flooding markets and shopping centres, in preparation for the yuletide season. THISDAY’s findings revealed that Nigerians...

*Says fine to be paid by affected bank branch for first violation *Insists subsequent infractions to attract stricter sanctions CHIGOZIE AMADI As part of the efforts to stop the commodification of new naira notes, the Central Bank...

Access Holdings, Three Other Banks’ Subsidiaries in UK Contribute 6.8% to PBT in H1 2024 CHIGOZIE AMADI A total of four Nigerian banks with subsidiaries in the United Kingdom (UK) contributed about 6.8 per cent of...