Private sector records growth as PMI hits 56% – Report

Stanbic IBTC Bank says the Nigerian private sector’s growth quickened in April, according to its Purchasing Managers Index for the month. At 55.8 in April, up from 54.1 in March, it stated that the headline PMI signalled a sharp improvement in business conditions in Nigeria’s private sector. According to the report, readings above 50.0 signalled…

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Development: Presidential aspirant promises to work with state govts to stir microeconomic engines

Mr Tein Jack-Rich, a presidential hopeful under the umbrella of the All Progressives Congress (APC), says to ensure stable economic growth, his administration will work with state governments. According to Jack-Rich, who spoke in an interview with newsmen in Abuja on Saturday, he will do that through a careful study of states’ economic policies and…

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Security Concern Around Jalingo Town As Sen. Bwacha is Denied Landing at Jalingo Airport

A chattered plane carrying Senator Emmanuel Bwacha, All Progressive Congress Governorship Aspirant in Taraba State was prevented from landing Tuesdayat Danbaba airport Jalingo Amb. Rikwense Muri, Media aid to the Governor stated this in a statement on Tuesday through the verified Facebook page of The Bwacha political Organization The plane which took off from Abuja…

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Polaris Bank In Illegal Deductions Mess On Customers’ Domiciliary Accounts

…Businesswomen Drags Bank To Court, Demand N10million Damages Three businesswomen and customers of Polaris Bank have dragged the bank before a Surulere Magistrate Court in Lagos over alleged unjustifiable freezing of their domiciliary and Naira accounts with the bank and subsequent illegal deductions on the said accounts amounting to about $30,769 (USD). The applicants –…

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