With the Central Bank of Nigeria (CBN) stoppage of foreign exchange sales to Bureaux De Change (BDCs), financial analysts have advised the apex bank to allow the BDCs receive diaspora remittances as is done in other economies of the world.…
By Kayode Tokede The Central Bank of Nigeria (CBN) governor, Mr. Godwin Emefiele said the apex bank supported disbursed N134.57 billion to 38,140 beneficiaries under the Agribusiness/Small and Medium Enterprise Investment Scheme (AGSMEIS). Speaking after the Monetary Policy Committee (MPC)…
By Kayode Tokede The Central Bank of Nigeria (CBN) has said Federal Government spent N1.03trillion on servicing debt in the first quarter (Q1) of 2021 compared with N779.73 billion in the corresponding period of 2020. The apex bank in its…
By Kayode Tokede Sterling Bank Plc, Nigeria’s leading commercial bank, has said the Group Managing Director (GMD) of Saro Africa, Mr. Rasheed Sarumi, will deliver the keynote address at the Agriculture Summit Africa (ASA) 2021. Other notable stakeholders on the…
By Samuel Omojoye BACKGROUND TO THE DISPUTE It is apparent from ongoing discourse that the judgment of the Federal High Court (FHC) in the case of Attorney General for Rivers State (“AG Rivers”) v Federal Inland Revenue Service (FIRS) &…
By Kayode Tokede United Bank for Africa Plc (UBA) reported an impressive performance to outshine its peers in profitability and dividend payout to shareholders among others. The pan-African bank half-year (H1) ended June 30, 2021 showed an impressive performance despite…
By Dakuku Peterside The problem with this call has been the connotations it carries. Agitation for “true” federalism or restructuring has refused to be jettisoned out of our political lexica, like poverty and corruption. The voices for a new form…
By Racheal Oyelola The Vice-Chancellor, Osun State University (UNIOSUN), Prof. Labode Popoola, has said the institution would confer first degree awards on 1, 815 Graduands during the 10th convocation ceremonies. This is as the VC disclosed that roughly 10,300 trees…
By Racheal Oyelola The appointment of Professor Ibiyemi Olatunji-Bello as the 9th substantive Vice-Chancellor of the Lagos State University (LASU) was the climax of a 10-month journey that included the cancellation of two exercises. On January 11, 2021, the tenure…
The strains on the Nigerian economy recently have called for the need for special interventions. The vagaries of oil prices and the attendant instability effects on the economy, have compounded with such unhealthy circumstances as the COVID-19 pandemic, to further…
