Diaspora Remittances: Beneficiaries can now receive dollars through banks – CBNÂ
Beneficiaries of Diaspora remittances through the international money transfer operators (IMTOs) can now receive inflows in dollars through designated banks of their choice, a circular by the Central Bank of…
Analysis: Emefiele deserves garland, not guillotine
By Jackson Ugbechie The Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, is once again up against a special clan made up of Nigerians and non-Nigerians. They are…
NCC Boss, Danbatta To Be Honoured with Prestigious Zik Prize Dec. 6
In yet another milestone, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, is billed to be honoured with the prestigious Zik Prize in the Professional…
ANALYSIS: REALITIES AND BATTLE AGAINST RECESSION, BY ARIZE NWOBU
According to the National  Bureau of Statistics (NBS), the economy had slipped into another recession, the GDP having contracted for the second consecutive quarter by 3.62 per cent in the…
Gov. Diri Presents N290.2bn ‘Budget of Growth’, Infrastructure Gets N34bn
Bayelsa State Governor, Senator Douye Diri, has presented the 2021 budget estimate to the House of Assembly. It is christened the “Budget of Growth.” Presenting the N290,295,465,423 Appropriation Bill on…
Analysis: Pandemic, crude oil price dip put Nigeria at ‘Critical Juncture’
More than 200 million Nigerians will slide further into poverty as the coronavirus pandemic has sent oil prices tumbling and pushed Africa’s largest economy into recession. To many in oil-rich…
Eni declares force majeure as explosion cuts production by 30,000 barrels
Eni declared force majeure on exports of Nigerian Brass River crude oil following pipeline explosions in Bayelsa state, the company said on Tuesday. The implication is that Nigeria will lose…
Explainer: Why Twitter suspended, restored our account – NCC
The Twitter account of the Nigerian Communications Commission, @NgComCommission, has been restored less than 24 hours after it was suspended for security reasons. This followed a temporary suspension by Twitter,…
OUR 2020 FINANCE BILL EXEMPTS MINIMUM WAGE EARNERS FROM TAX – BUHARI
In order to reduce the impact of inflation on Nigerians, the Buhari administration through the 2020 Finance Bill is proposing the exemption of minimum wage earners from the Personal Income…
Banking: Emefiele to present 2020 industry scorecard Nov. 27
The Central Bank Governor, Mr Godwin Emefiele, is to present the banking industry’s scorecard for 2020 at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of…