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FDC

Naira to depreciate further in I&E as CBN intervenes with $540m

The declining fortune of the naira in the Investors and Exporters (I&E) window is expected to continue this week even as the Central Bank of Nigeria (CBN), in a bid to defend the nation’s currency injected $540 million into the window in July.g
election inec nigeria

Experts: How 2019 election outcome will impact economy

Analysts have presented different possibilities for the Nigerian economy after the February and March elections, with most of them saying that a change in political leadership would most likely inspire hope and engender economic growth.

Analysts predict spike in December inflation rate

As the National Bureau of Statistics (NBS) releases its December 2018 inflation figures this week, leading research firms in the country, FSDH Research and Financial Derivatives Company (FDC), said in their forecasts at the weekend that the nation’s inflation rate for December 2018 would increase.

Lower oil prices may weaken naira to N380 per dollar – analysts

Should oil prices continue to decline and fall below Nigeria’s Medium Term Expenditure Framework (MTEF) benchmark of $60 per barrel, the impact on the country’s economy could include the naira depreciating to $380/$, analysts at Financial Derivatives Company (FDC) have predicted.
Aiteo Group

NFF crisis: AITEO threatens to withdraw sponsorship

The major sponsor of the Nigeria Football Federation, AITEO Group, has threatened to withdraw its support for the federation if the ongoing crisis plaguing the football administration in the country is not resolved.

Corruption: Amaju Pinnick, others deny any wrong doing

The leadership of the Nigeria Football Federation (NFF) led by Amaju Melvin Pinnick, has refuted claims of corruption leveled against it and insisted that it has no formal invitation to face any anti-corruption agency.

Uganda MPs reject ‘bribe’ linked to age-limit bill

Some Ugandan MPs have rejected the cash released by Parliament to facilitate consultations on a bill seeking to scrap presidential age limit.

Uganda opposition leader Kizza Besigye arrested again – party

Uganda's opposition leader Kizza Besigye was arrested again Wednesday just five hours after being charged with inciting violence and released on bail, a leader of his political party told AFP.

Uganda introduces bill to scrap presidential age limit

Uganda’s parliament on Wednesday took the first step towards scrapping the presidential age limit that would allow long-standing ruler Yoweri Museveni to stay in power.

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Nasarawa State Governor, Abdullahi A. Sule

Nasarawa governor signs 400 certificates of occupancy in three months

Nasarawa State Governor Abdullahi Sule has signed about four hundred Certificates of Occupancy since assumption of office on May 29th.
The Action Alliance in Kogi State on Saturday unanimously adopted a United States-based medical practitioner, Samuel Audu Alfa as its candidate in the November 16th governorship election.

Kogi guber: US-based doctor emerges AA candidate

The Action Alliance in Kogi State on Saturday unanimously adopted a United States-based medical practitioner, Samuel Audu Alfa as its candidate in the November 16th governorship election.
French President Emmanuel Macron hosted his US counterpart Donald Trump for a previously unscheduled lunch Saturday ahead of the official opening of the G7 summit in southwest France.

Emmanuel Macron, Donald Trump break the ice with surprise pre-G7 lunch

French President Emmanuel Macron hosted his US counterpart Donald Trump for a previously unscheduled lunch Saturday ahead of the official opening of the G7 summit in southwest France.
At the 2-day presidential retreat that preceded the inauguration of new ministers, President Muhammadu Buhari apprised the appointees on the enormity of the tasks ahead.

New cabinet and imperative of delivering on mandates

At the 2-day presidential retreat that preceded the inauguration of new ministers, President Muhammadu Buhari apprised the appointees on the enormity of the tasks ahead.
Vincent Kompany faces weeks on the sidelines after suffering another hamstring injury as his Anderlecht team lost again to continue their winless start to his managerial debut, according to reports.

Vincent Kompany injured as Anderlecht lose again

Vincent Kompany faces weeks on the sidelines after suffering another hamstring injury as his Anderlecht team lost again to continue their winless start to his managerial debut, according to reports.