Much ado about numbers!
In the wake of dodgy official statistics presented by government agencies which do not reflect the true state of the…
Understanding Nigeria’s exchange rate dilemma
As the current exchange rate crisis in Nigeria deepens following the decline of the Naira in the black market where…
How Realistic is the 2016 Budget?
The administration of President Muhammadu Buhari took its first major step to rejuvenate the Nigerian economy with the presentation…
RRS APPREHENDS CULT MEMBERS IN LAGOS
As part of efforts of Lagos State Governor, Mr Akinwunmi Ambode, to ensure lives and properties are safe in…
2016 Budget: The opportunities, the challenges
By Joni Akpederi with reports from Dike Onwuamaeze, Olisemeka Obeche, Osaze Omoragbon and Pita Ochai. The 6.08 trillion naira…
Nigeria gets $800m credit from Japan for Jebba Power Plant rehabilitation
As part of its support for Nigeria’s power sector, the Japanese government has offered $800 million credit line to Nigeria…
Naira may fall to N400 to a dollar by week end
The exchange rate between the naira and the dollar closed yesterday at N370 to $1 hitting another new low. The…
FCMB forays into East Africa as oil woes hit Nigeria market
First City Monument Bank (FCMB) is planning to expand in two African countries as the drop in oil prices continue…
Weak rand no catalyst for South African exports
SOUTH Africa’s struggling manufacturing sector has so far failed to capitalise on a weak currency to boost its exports, stymied…
Barclays in debate on future of African unit
Barclays’s board is debating the future of its Africa business at meetings that started on Wednesday in London, with options…