FX
2 Apr
Unless urgent measures are deployed, the gap in food sufficiency, prices of goods and citizens’ unhealthy lifestyles could be further compounded and dampened as a result of the high customs duty exchange rate.
14 Mar
Despite the abundance of pulp and paper materials (fibrous and non-fibrous), Nigeria’s paper mills remain moribund, forcing the country to spend billions of naira on the importation of papers yearly.
29 Feb
At least over 50 per cent of what Nigeria earns from the sale of crude oil and gas is going into crude production. That translates to an average of $1.7 billion monthly for a country that is in economic mess.
29 Jan
Again, investors have called on the government to save the real sector from total collapse and subsequent erosion of shareholders' funds by finding practical ways to tackle the issue of the foreign exchange (FX) crisis in Nigeria.
25 Jan
To stem the current fall in the value of naira against foreign currencies, especially the United States dollar, financial analysts have advocated for a hike in interest rate on treasury securities.
22 Jan
Jane Kimemia has over two decades of banking experience handling different roles in East Africa, Southern and West Africa. Now the Chief Executive Officer of Optiva Capital Partners Limited
16 Jan
Nigeria’s headline inflation closed 2023 slightly below the 30 percent market projected by many economists and research organisations, including KPMG.
8 Jan
Ayo Edebiri, on Sunday night, won the Best Performance by a Female Actor in a Television Series – Musical or Comedy award for "The Bear" at the 81st Annual Golden Globe Awards. Rocking a stunning red strapless gown, Ayo, known for her role as Sydney Adamu in the FX dramedy “The Bear,” overflowed with gratitude…
4 Jan
Your question is pertinent. Pertinent because it is a question with urgency and timely in the sense that it responds to reality as it is.
1 Jan
Against the backdrop of tougher projections for the New Year, economists and allied professionals have said Nigerians could be given a soft landing with the right policy formulation, ruthless implementation...
1 Jan
Despite rising insecurity and a mix of macroeconomic challenges, the Nigerian equities market soared significantly last year 2023 with investors gaining N13 trillion in nominal terms.
1 Jan
FMDQ Securities market has posted a total turnover of N27.9 trillion in its secondary market segment for November 2023.
Latest
6 mins ago
The Economic and Financial Crimes Commission (EFCC) on Thursday declared former Kogi State governor Yahaya Bello wanted. The EFCC is prosecuting Bello over an allege money laundering of N80.2billion. The former governor was absent in court earlier today when the EFCC arraigned him. Bello’s arraignment is coming on the heels of a warrant of arrest…
21 mins ago
President Bola Tinubu has approved system-wide policies to comprehensively overhaul the education sector to improve learning and skill development, increase enrolment, and ensure the academic security of the nation's children. The approved policies are captured as DOTS, an acronym representing: Data Repository, Out-of-School Children Education, Teacher Training & Development, and Skill Development & Acquisition. According…
27 mins ago
A senior Revolutionary Guards general threatened on Thursday to target Israel's "nuclear facilities" if it strikes Iranian atomic sites, state media reported, anticipating retaliation for Tehran's unprecedented weekend attack.
28 mins ago
Some Directors of agencies under the Ministry of Aviation who were recently relieved of their appointments have dragged the federal government to an industrial court. They said their appointments were statutory and should be allowed to finish their tenure The complainants in separate suits filed by their lawyer, Patrice Akwara prayed to be reinstated or…
1 hour ago
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1 hour ago
Justice Inyang Edem Ekwo of the Federal High Court in Abuja has dismissed the application by a former Anambra State Governor, Willie Maduabuchi Obiano which sought to quash the N40B money laundering charges brought against him by the federal government. The Judge in a ruling delivered on Thursday faulted and rejected all grounds upon which…
2 hours ago
Prince William returned Thursday to official duties, visiting a food charity and youth centre, in his first public engagements since his wife Catherine revealed a shock cancer diagnosis.
2 hours ago
Grammy-winning singers Ashanti and Nelly have revealed that they are expecting their first child together and have officially gotten engaged. Ashanti and Nelly’s love story spans over two decades. They first crossed paths at a Grammy Awards press conference in 2003. Back then, Ashanti playfully gave Nelly her autograph. This encounter led to them dating.…
2 hours ago
Netizens are reacting to Brymo's criticism of Tiwa Savage and Simi's latest collaboration, “These Men are Crazy” The controversial musician took to Tiwa's Instagram page to respond to her post, “Erm, Tiwa I did like to know the thoughts behind “men are crazy” line. “Because it's the one thing boys say in private, about your…