Business
Read reports and analyses on issues, deals, policies, events, and even scandals pertaining to the world of business and economics.
David Lipton to Act as IMF Chief as Christine Lagarde Resigns
SWITZERLAND, JULY 17 – Managing Director of the International Monetary Fund(IMF), Christine Lagarde has submitted her resignation, leaving David Lipton as the Acting Managing Director of the global financial institution. This follows ...Nigerians Spent Over N3 Billion In Cinemas In Six Months
New figures gathered by by the Cinema Exhibitors Association of Nigeria (CEAN), show that Nigerians spent nearly 3, 124, 026, 959 billion Naira to watch box office movies at Nigerian cinemas between ...Breaking: Inflation Slows to 11.22% in June 2019 from 11.40%(Full Report)
SWITZERLAND, JULY 15 – The Consumer Price Index(CPI), which measures the rate of inflation has reduced from 11.22% in June 2019 from 11.40% in May 2019 but remains high. This was revealed ...Fire Guts Enugu Market, Destroys Good Worth Millions
A large section for the Amaigbo Market in Obiagu, a sprawling suburb in Enugu, was gutted by fire in the early hours of today. Todays Echo gathered that the fire destroyed goods ...Max Okada Launches in Ondo State as Sunshine Safe Bike
SWITZERLAND, JULY 12 – The Ondo State Government has partnered with motorcycle hailing company, Max Okada to launch the Sunshine Safe Bikes initiative in the state capital, Akure. According to the state ...SystemSpecs, NIBOX Team-up to Make Payments, Cash Transfers Easier in Nigeria
SWITZERLAND, JULY 12 – Nigerian Fintech firm and provider of the Remita financial technology solution has teamed up with NIBOX, a multi-platform payment solution provider, to extend financial products and services to ...Ecobank Workers Protest After 900 Staff Were Sacked (Photos+Video)
Aggrieved former staff members of Ecobank Nigeria stormed their head office at Victoria Island in their numbers to protest following the sack of over 900 employees. They carried placards insisting that the ...CBN launches University Poultry Intervention Programme
SWITZERLAND, JULY 11 – The Central Bank of Nigeria (CBN) has launched an intervention programme aimed at reviving the comatose poultry sub-sector in the country. Announcing the latest efforts of the Bank ...Fire Razes Down Amigo Supermarket in Abuja
There was a fire outbreak yesterday at the popular Amigo Supermarket’ also known as ‘4U Supermarket’. According to the Public Relations Officer (PRO), Federal Capital Territory (FCT) Fire Service, Mr Jerry Timvh, ...Breaking: Airtel Africa Lists on the NSE at N363 Per Share, Emerges Third-Largest Stock
SWITZERLAND, JULY 09: Telecoms giant, Airtel Africa listed on the Nigerian Stock Exchange(NSE) on Tuesday. Today’s Echo gathers that the company entered the NSE in a flotation that valued it at 1.364 ...
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