Economy
President Buhari: The Unheralded Achievements – Femi Adesina
Let me give due credit for the idea of this piece. President Muhammadu Buhari had said recently that elites in the country were not giving due accolades to his administration in terms of where it met the country, what it grapples with, and where it has been able to take the nation to, thus far. The... read more »
I Was Surprised Trump Opposed My Candidacy – Okonjo-Iweala
Ngozi Okonjo-Iweala, Nigeria’s former Finance Minister, says she was surprised that President Donald Trump’s administration could stand in her way of leading the World Trade Organisation (WTO). At a press briefing, the new Director-General of WTO said she did not see it coming. She said... read more »
TUC Tackles Sylva Over Impending Fuel Price Hike
The Trade Union Congress, TUC, has faulted the Minister of State for Petroleum Resources, Chief Timipre Sylva, over his comment that Nigerians should get ready for the pain associated with the increase in crude oil price. The Manufacturers’ Association of Nigeria, the Lagos Chamber of Commerce... read more »
Cryptocurrencies Ban will Boost Anti-Money Laundering Compliance – ABCON
The Association of Bureaux De Change Operators of Nigeria, ABCON, has backed the Central Bank of Nigeria’s order directing banks to close all accounts belonging to cryptocurrency traders. This was contained in a statement issued on Sunday titled, ‘ABCON backs CBN’s cryptocurrency trading... read more »
Cryptocurrency Ban: They Breed Illegal Activities – CBN Says as it De...
Following the ban placed on cryptocurrencies, the Central Bank of Nigeria, CBN, has defended its decision saying they promote illegal activities and raise risks, among other reasons. The apex bank disclosed this in a statement issued on Sunday concerning various comments and reactions following its... read more »
More from Economy
CBN to Shut Accounts of Diaspora Remittance Violators
The Central Bank of Nigeria has threatened to suspend the operating licences of operators who continue to violate rules guiding diaspora remittances into the country. The apex bank said it... read more »
Ekiti Govt. Includes N550m Budget For drones Used To Fight Kidnapping, Banditry
Ekiti State Government has said efforts are on to procure sophisticated drones as part of efforts to boost surveillance, expose criminal hideouts and combat insecurity. Commissioner for... read more »
Algeria Crude Oil Output Slumped in 2020
Algeria’s oil revenue tumbled in 2020, worsening an economic crisis in the North African country which is highly dependent on crude income, according to data released by the Energy... read more »
Naira Suffers Further Slump, Exchanges for 473/$
On Tuesday, 12 January 2020, the naira suffered depreciation at the parallel market and Investors and Exports window. Figures obtained from Bureau De Change operators showed that the naira... read more »
Diri Signs N329bn 2021 Appropriation Bill into Law
Bayelsa State Governor Douye Diri has signed the 2021 bill of N329.29 billion into law. The governor had on November 26 presented an estimate of N290.295 billion tagged, ‘Budget of Growth’ to the... read more »
Recommended Story
-
2023: I Have no Interest in Tinubu’s Presidential ...
Former Governor of Ekiti State, Ayodele Fayose has said he zero interest... read more »
-
Respect me or Face Stiff Opposition, Fayose Warns ...
Former Governor of Ekiti State, Ayodele Fayose, has threatened to work... read more »
-
FRC, ICPC Pledge Cooperation on Assets Recovery, P...
The Fiscal Responsibility Commission, FRC, and the Independent Corrupt... read more »
-
Rohr Sweating Over Osimhen’s Fitness Ahead of Beni...
Super Eagles coach Gernot Rohr is optimistic the team’s striker, Victor... read more »
-
Senate Ratifies N11.35bn Police Trust Fund Budget
The Senate has approved N11,352,457.70 as the budget for the Nigeria... read more »
-
Abuja Air Crash Victims to be Buried on Thursday
The Nigerian Air Force, NAF, has announced that the Seven officers who... read more »