Author Archives: Supernews - Page 415
FG must concentrate on production to tame inflation – Olowookere
Dr Afolabi Olowookere By Ngozi Onyeakusi---The Managing Director/Chief Economist at Analysts Data Service and Resources Limited, Dr Afolabi Olowookere, has said that the Federal Government needs to revive and concentrate…
Bonny Plant Still In Operation Says NLNG
The Nigeria Liquified Natural Gas(NLNG) Limited, has said that operations at its plant on Bonny Island is still active despite a Force Majeure declared in October 2022 and feedgas supply…
CBN injects $15.3bn to stabilise naira
The Central Bank of Nigeria injected $ into the economy to stabilise the value of the naira from January to October, 2022. This was obtained in the banking sector regulator’s…
Inflation drops slightly, production costs remain high
Nigeria’s headline inflation fell from per cent in November 2022 to per cent in December 2022 according to the National Bureau of Statistics. In 2022, the country’s inflation rate rose…
Towards an African Journalism Model: A Critical Historical Perspective
* Ibrahim Seaga Shaw Abstract Much of the scholarly literature regarding theories of journalism practice is premised on the tenets of the Western model of liberal democracy. To the extent…
CBN Governor Resumes Work, Remains Committed To Oath Of Office
Emefiele By Ngozi Onyeakusi---Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has resumed duty after weeks of suspense about his whereabouts. The Director, Corporate Communications of the CBN, Osita Nwanisobi,…
Access Bank restates commitment to deepen presence in Kenyan market
Sub-Saharan Africa’s largest lender, Access Bank PLC, has cited the failure to fulfil some requisite conditions as the reason for calling off the proposed acquisition of Sidian Bank. The discontinuation…
Nigeria Air: FG, airlines meet in court today
LONDON, UK:British Airways BEA, BOAC, Negus, Chatam Dockyard and Landor liveried aircraft at Engineering, London heathrow on 09 April 2019(Picture by Nick Morrish/British Airways) As the legal suit on the…
FG begins minimum wage review
Buhari The National Salaries Incomes and Wages Commission says it has initiated process for the review of the National Minimum Wage. NSIWC’s Head of Public Affairs, Mr Emmanuel Njoku, said…
Bank borrowing from CBN rises 260% to N21.87tn
Banks Deposit Money Banks borrowed the sum of from the Central Bank of Nigeria via the Standing Lending Facility window and Repurchase Lending platform in 2020, according to the CBN…
