Mr Johnson Chukwu, Managing Director of Cowry Asset Management Limited on Thursday said his hope was that the 2021 budget would pull Nigeria out of…
View More Financial Analyst lists hope, fears on 2021 budget estimatesCategory: Business
Nigeria spent N8.9 trillion on subsidy in 10 years – PPPRA
The Petroleum Products Pricing Regulatory Agency (PPPRA) says the federal government spent a total of N8.94 trillion on oil subsidy between 2006 and 2015. The…
View More Nigeria spent N8.9 trillion on subsidy in 10 years – PPPRA
Trump nominee elected to head Latin American development bank
United States President Donald Trump’s nominee has been elected to lead the Inter-American Development Bank (IDB), the region’s main economic development lender, a decision that has…
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COVID-19: Companies’ profits soar as poorest pay price – Oxfam report
A new Oxfam report has shown that 32 of the world’s largest companies stand to see their profits jump by $109 billion more in 2020.…
View More COVID-19: Companies’ profits soar as poorest pay price – Oxfam report
People Talk: On fuel pump price and electricity tariff increase
With the increase in pump price of fuel and electricity tariff, especially at this period when other world leaders are providing palliatives to cushion the…
View More People Talk: On fuel pump price and electricity tariff increase
PDP urges FG to reverse petrol price hike
The Peoples Democratic Party (PDP) has called on the Federal Government to immediately rescind its decision on the increase in the price of petrol to…
View More PDP urges FG to reverse petrol price hike
Buhari speaks on new prices of petrol, electricity
President Muhammadu Buhari on Monday in Abuja assured Nigerians of the willingness and determination of the Federal Government to provide stable electricity to every home and industry,…
View More Buhari speaks on new prices of petrol, electricity
BDCs clamour higher margin on forex transactions
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to increase the margin allowed for BDCs…
View More BDCs clamour higher margin on forex transactions
CBN orders BDC operators to sell dollar at N386
The Central Bank of Nigeria (CBN) has resumed sales of foreign exchange to Bureau De Change (BDC) operators. The apex bank pegged sale to Nigerians…
View More CBN orders BDC operators to sell dollar at N386Uncertainty over resumption of dollar sales to BDCs
The Naira, last week, continued its downward slide in the parallel market, where it depreciated further to N477 per dollar amidst uncertainty over resumption of…
View More Uncertainty over resumption of dollar sales to BDCs