Nigeria economic indices still looking bleak
From a record USD6.95 billion deficit reported in Q4-19, Nigeria’s Current Account (CA) deficit shrank by 29.8% q/q to USD4.88 billion over Q1-20. When viewed as a percentage of GDP, this translates to -1.3%. The blend of a marked reduction…
Danger as manufacturing firms may retrench, close factories over closed border
Today, October 21, 2019, will make it two months after the Federal Government through the Nigerian Customs Service (NCS), announced closure of Nigerian land borders over what it originally claimed as joint exercise with the Nigerian Immigration Service (NIS). However,…
Greenpeace ships plastics back to Nestlé’s Factory in Kenya
Greenpeace Africa activists and volunteers delivered Thursday, a #PlasticMonster partly covered with Nestlé branded plastic packaging right back to its source: the Nestlé factory servicing Kenya and other East African. The French group is known both in Nigeria and other…
4 multinationals seal Africa Plastics Recycling Alliance at Africa CEO Forum
Leading global fast moving consumer goods (FMCG) and multinationals in Africa Diageo, Unilever, The Coca Cola Company, and Nestlé have launched the Africa Plastics Recycling Alliance (APRA) at the just concluded Africa CEO Forum in Kigali. Details gathered on the…
Yudala gives more insights on why Ponzi scheme thrives upon risks, awareness
The Research & Development Unit of Yudala, Nigeria’s fastest growing e-commerce outfit has concluded a new study on why Ponzi schemes remain popular in spite of their clear and present dangers. It would be recalled that the scheme was largely…
