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News
IMF’s Borrowing to Nigeria, Other Low-income Countries to Hit $48bn
The International Monetary Fund (IMF) has projected that its financial assistance to low-income countries, most of which are in…
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Finance & Economy
BDC Market Implodes as the CBN Stops Sale of Dollars to the Parallel Market
Nigeria’s Bureau de Change (BDC) market went into a tailspin at the beginning of last week as traders buckled under…
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Finance & Economy
CBN to Refund Minimum Capital Deposits and Licensing Fees to BDC Promoters
The Central Bank of Nigeria (CBN) has released a circular stating that it will start an immediate refund of capital…
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Finance & Economy
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News
FG reduces price of gas for power to $2.18
The Federal Government said on Thursday that it had agreed to reduce the price of industry power gas from $2.50…
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News
Trailer Parks Get August 12 Deadline to Fully Automate
As part of efforts to decongest access to Apapa ports, the Nigerian Ports Authority (NPA) has given authorised trailer parks…
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Finance & Economy
Naira Depreciated by -2.40% WoW in the Parallel Market at an Average Exchange Rate of N512
For the week-ended July 30, 2021, In the parallel market, the Naira depreciated against the US Dollar by 2.40% ($/N12.00)…
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News
Hushpuppi: US Court asks FBI to arrest DCP Abba Kyari
A United States (US) court has called for the arrest of Abba Kyari, the Deputy Commissioner of Police. Otis Wright…
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Corporate Scorecards
THE MEGA BUCK OF FIRS
“Little minds are tamed and subdued by misfortune; but great minds rise above them” says Washington Irving. Irving’s words no doubt, have…
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Leaders
The Innovative Years of Dr Yemi Kale
“Little minds are tamed and subdued by misfortune; but great minds rise above them” -Washington Irving The Man – Dr.…
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