Business

By Mike Agunwa (Industry Editor)

The state of the manufacturing sector in the country calls for deep concern. In the 80s, Nigeria was a giant in the automobile industry as Volkswagen, Peugeot Automobile of Nigeria (PAN), Anambra Motor Manufacturing Company Limied (ANAMMCO) Dunlop tyre and Michelin were house hold names. Nigeria was the hub of African goods with a rich deposit of raw material.

By Aminatta Diof (Newsleader Correspondent, Abidjan)

African Development Bank (ADB) President, Dr Akinwunmi Adesina, has finally been exonerated of the sixteen allegations of ethical misconduct levelled against him in January this year by a group of whistleblowers.

By Kingsley Dokubo (Finance Correspondent)

A coalition of Igbo professionals from Idemili Federal Constituency of Anambra State known as Idemili Amaka, has hailed the appointment of Mrs. Nneka Onyeali-Ikpe as the Managing Director/CEO designate of Fidelity Bank PLC.

One of Nigeria's top retail bank, Fidelity Bank Plc, has announced the appointment of Mrs Nneka Onyeali-Ikpe as the incoming Managing Director/Chief Executive Officer designate of the bank.

The National Bureau of Statistics (NBS) has said the current Consumer Price Index, (CPI) which measures inflation rate increased to 12.56 per cent year-on-year in June 2020.