Soaring forex frustrating aviation fuel imports — Stakeholders
Key stakeholders in the nation’s aviation sector have continued to decry the skyrocketing differences between dollar and naira, saying the development is derailing their efforts to stabilize the supply of the product. According to the Executive Secretary of Major Oil…
Adesanya celebrates Xmas with N10m won in Airtel RedHot Promo
A traffic officer in Ajeromi Ifelodun Local Government Area in Lagos, Oluwasegun Adesanya has won N10m and rewarded at the ongoing Airtel RedHot promo. Adesanya, Civil Servant, was the biggest winner of the week as he danced home with N10…
More trouble for Nigeria as FIFA seeks refund of unaccounted grants
Indications have emerged that the Nigerian Football Federation (NFF) may face ban from the world football governing body FIFA if it fails to heed to the recent warning calling for the refund of grants running into millions of dollars over…
Fluctuation in forex forced Lagos GDP from $131bn to $91bn in 2016—Ambode
Lagos State Governor, Mr. Akinwunmi Ambode has vowed to focus on the growth of Small and Medium Enterprises (SMEs) in 2017, saying sustainable economic growth of any strategic economy is based on the contributions of the sub sector. Explaining plans…
Whistle-blowing Policy: Experts fault minister in proof of submission
Barley one week after the unveiling of an innovative financial crime fighting platform, the Whistle-blowing Policy by the Federal Ministry of Finance (FMF), forensic experts have welcomed the idea but faulted the preferred evidence of information submission. Findings by our…
How Buhari activated timely delivery of Abuja DSO, by Kawu, DG of NBC
The Director General of National Broadcasting Commission (NBC), Mallam Is’haq Modibbo Kawu has opened up on the reasons that lead to the timely delivery of Abuja digital terrestrial transmission. Explaining the details in his address of welcome during the recent…
Dematerialisation at capital market hits 100% electronic share certification
Ten years after the plan was initiated, relief is on ground as the Nigerian capital market has finally achieved full dematerialisation of share certificates. Analysts in capital markets say dematerialisation is the conversion of physical share certificates of investors in…
CBN jittery as ‘Blockchain,’ another technology disruption debuts
Before now, information and communications technology (ICT) experts had warmed that with the rate at which innovative inventions are coming from the, a time shall come when some inventions will overrun any form of regulation and control to stay in…
