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Ogun State Signs $300m Financing Partnership Agreement With World Bank
Governor of Ogun State, Prince Dapo Abiodun says the State government has signed a Financing Partnership Agreement worth over $300m with World Bank to fund Ogun Economic…
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Big Bolaji joins Babztopp Homes & Properties ‘Operation Sack Your Landlord’ movement
Big Bolaji has joined the Babztopp homes and properties ‘Operation Sack Your Landlord‘ movement. A couple of days ago, Bolaji Olarewaju, the brain behind turn it up koncepstz,…
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CBN Battles Forex Market Liquidity, Amends Diaspora Remittance Rule
The Central Bank of Nigeria says it had amended the rules for receipt of diaspora remittances as part of its efforts to boost the foreign exchange market. It said this in a…
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BREAKING: Nigeria Officially Hits Recession, The Worst Ever Since 1987
Nigeria has officially slid into its worst economic recession in over three decades. According to gross domestic product numbers released by the National Bureau of Statistics on…
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Ghana Forces 753 Nigerian Traders To Evacuate Over $1m Business Equity
About 753 members of the Nigerian Union of Traders Association in Ghana have presented a letter to the Federal Government requesting for evacuation from the former Gold Coast.…
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New Google-IFC report estimates Africa’s Internet economy could be worth $180 billion by 2025
e-Conomy Africa 2020, a new report released today by Google and the International Finance Corporation (IFC), estimates that Africa’s Internet economy has the potential to reach 5.2%…
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Banks To Rebuild Burnt Police Stations As Social Responsibility
Nigerian lenders will rebuild new fewer than 44 police stations burnt across the country by hoodlums during the #End- SARS crisis that rocked the nation a few weeks ago. An…
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Atedo Peterside Faults FG On Exemption Of Dangote From Border Closure
Stanbic-IBTC Founder, Atedo Peterside has faulted the exemption of Dangote from the recent order of closure of borders. According to the businessman, the economy is not meant to…
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Court Grants CBN Order To Freeze Accounts Of #EndSARS ‘Promoters’
The federal high court sitting in Abuja has granted the Central Bank of Nigeria’s request to freeze the accounts of 19 individuals and a public affairs company linked to the…
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‘What A Shame!’ – Reactions As Nigeria Seeks $1.2bn Loan From Brazil
The news of Nigeria seeking a loan of $1.2bn from Brazil turns out as a thing of surprise and ridicule for Nigerians as they fume with wild reactions on the social media. The…
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Geneva’s Lockdown Delays Okonjo Iweala’s Bid To Be WTO’s First Woman Leader
The potential delay of next week’s meeting is neither the only nor the greatest hurdle to Okonjo-Iweala’s appointment. The World Trade Organization’s effort to select a new…
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BREAKING: Ngozi Okonjo-Iweala Is Officially The New DG of WTO
Nigeria’s former Finance Minister, Dr Ngozi Okonji-Iweala has emerged the new Director General of the World Trade Organisation. According to sources from the European Union, she…
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Nigeria Records N700bn Loss As A Result Of #EndSARS Protests
The Lagos Chamber of Commerce and Industry says the Nigerian economy may have lost about N700bn to the #EndSARS protests in the last 12 days. The President, LCCI, Mrs Toki Mabogunje,…
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Inflation Rate In Nigeria Hits 13.71%, Highest In Two And A Half Years
The Inflation rate in Nigeria has continued to soar, rising for thirteenth straight months in September 2020, as the prices of goods and services continue to rise in the country.…
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The New iPhone 12 Seems Uninteresting As Apple Drops 2%
American technology juggernaut Apple, makers of the popular iPhone brand, failed to impress global investors, as its share value lost more than 2%. The price plunge is coming on…
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Alpha Beta Defends Tinubu, Accuses Ex-MD Of Diverting N6bn
Tax consultancy firm, Alpha Beta LLP, has denied allegations levelled against it by its former Managing Director, Dapo Apara, adding that he in fact diverted N6bn from the company.…
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Bismarck Rewane Lists Nine States In Nigeria As The Only Prosperous Out Of 36
The Financial Derivatives Company Limited (FDC), Mr. Bismarck Rewane, has stated that only nine states in the country could be classified as fairly prosperous. These states, according…
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BREAKING: NULGE Loses National President, To Be Buried today in Kano
National President of the Nigeria Union of Local Government Employees (NULGE), Comrade Ibrahim Khaleel is dead. Comrade Ibrahim Khaleel who is also the National Treasurer of the…
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NDLEA Officials Storm Kogi, Destroy Marijuana Farm Worth ₦1.5 Billion
Kogi State Command, National Drug Law and Enforcement NDLEA on Wednesday destroyed the largest Cannabis Sativa farms stretching over four KM of land in the State. NDLEA State…
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CBN Cuts Benchmark Lending Rate To 11.5%
The Central Bank of Nigeria has cut down the Monetary Policy Rate from 12.5% to 11,5% after the two-day Monetary Policy Committee Meeting in Abuja. The committee also voted to…
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