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Financial Derivatives Company
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
President Muhammadu Buhari has approved part of the funds for the Super Eagles campaign at the 2019 Africa Cup of Nations in Egypt.
President Muhammadu Buhari yesterday received the report of the Presidential Technical Advisory Committee on the implementation of the New Minimum Wage (PTAC) and said the government would begin work on it immediately.
President Muhammadu Buhari on Monday in Abuja received the report of the Presidential Technical Advisory Committee on the Implementation of the National Minimum Wage with a pledge to review it expeditiously.
The bearish run on the Nigerian Stock Exchange (NSE) continued on Tuesday as all share index (ASI) plunged by 1.02% to close at 31,313.36 points.
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.
President Muhammadu Buhari on Wednesday presented an N8.83 trillion budget for next year to a joint session of the National Assembly in Abuja, which many analysts have described as ambitious, given the regime’s struggles to meet revenue targets.
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.
Some economists on Friday called on the Federal Government to review the direction of the country’s debts, in order to spur productivity and economic growth.
The LCCI, whose position was contained in a report titled, ‘Infrastructure Deficit in Nigeria: The Way Forward, the LCCI,’ decried the challenges of exporting made-in-Nigeria products to other ECOWAS countries and poor investment climate.
Yunus Usman, counsel to the Independent National Electoral Commission (INEC), says the claim that results of the February presidential election were transmitted to a server is “the greatest lie of this century”.
England women’s manager Phil Neville believes football players should boycott social media in the wake of Manchester United midfielder Paul Pogba becoming the latest high-profile figure to suffer racist abuse online.
Dangote Cement Plc has regained its position as the biggest listed firm on the Nigerian Stock Exchange as sell-offs were witnessed in MTN Nigeria Communication Plc’s shares on Tuesday.
Cristiano Ronaldo is uncertain when he will stop playing, but the Juventus star said it could be as soon as next year.
Cristiano Ronaldo told Portuguese television on Tuesday that “2018 was the most difficult year on a personal level.”
Asante Kotoko coach Kjetil Zachariassen believes his team did not deserve to lose the first leg of their Caf Champions League preliminary round tie against Kano Pillars.
A volunteer ambulance driver was killed in Myanmar’s remote northeast as clashes between the army and ethnic insurgents escalated over the weekend, state media reported Sunday.
Indian PM Narendra Modi has said his decision to strip Indian-administered Kashmir of its special status will restore the region to its “past glory”.
The Restoration Bible Church, Kaduna has commenced the second round of its annual medical intervention for the less privileged at its Mercy Angel Hospital in the Ungwan Romi area of Kaduna.
A Federal High Court in Lagos has declined to order the release of SaharaReporters publisher, Omoyele Sowore, and other persons in connection with the August 5, #RevolutionNow protest.