29

Aug

Nigeria’s GDP grew by 3.54% in Q2 2022

Recent report published by the National Bureau of Statistics revealed that Nigeria Gross Domestic Product (GDP) grew by 3.54% year on year in real terms in the second quarter of 2022. This growth rate declined from 5.01% in the second quarter of 2021 when rapid growth was recorded following the toll the COVID-19 pandemic exacted on the […]

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26

Aug

FG inaugurates NELMCO to resolve tariff shortfalls in power sector

The Federal Government of Nigeria in a bid to resolve tariff shortfalls in power sector has constituted the board of the Nigeria Electricity Liability Management Company (NELMCO). According to the Vice President Yemi Osinbajo, the newly constituted board of the Nigeria Electricity Liability Management Company would enhance ongoing efforts to resolve the liabilities relating to tariff shortfalls[…]

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26

Aug

BUA Foods Plc announces resignation of Isyaku Rabiu as a Director

BUA Foods Plc has notified the Nigeria Exchange and the investing public of the resignation of Isyaku Naziru Rabiu as a Director on the Board of Directors of the Company with effect from 17th August 2022. The step was taken by the Company to meet the regulatory requirements of the Securities & Exchange Commission’s Corporate Governance Guidelines (2020) and the Nigerian[…]

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