PEARL Awards is Not Sentiment Based, But Scientifically Proven with Empirical Data – Tayo Orekoya

By Eric Elezuo With an intimidating academic, financial and professional background, TAYO OREKOYA sits atop the prestigious PEARLS AWARDS NIGERIA, as founder and president. In this interview, he highlighted the qualities that make him thick, and those never seen or heard about criteria that determine what quoted company carts away the much sought after PEARL […]

Ambode’s Development Train Sweeps Through Ladipo Market

By Bamidele Salako                                                                                      Photos: Ken Ehimen Earlier this week, on Monday, February 12, […]

Why Fuel Scarcity, Queues Persist

By Eric Elezuo As mischievous as it may sound, several Nigerians, only a few days back staged a sarcastic celebration of the ongoing fuel crisis on social media in what they tagged ‘Four months of fuel scarcity’ – even managing to create a social media trend in the process. They proceeded to award the current […]

Major Economic Events that Shaped 2017

By Eric Elezuo When Nigerians entered the year 2017, they had expectations of good tidings, and an atmosphere of general change for good. However, not everything the people and government hoped for came to pass. It was a situation of the good and the bad. Some of the situation hitting the people directly while the […]

Naira Forecasted for Better Performance in 2018

Prof. Hassan Oaikhenan of the Department of Economics and Statistics, University of Benin, said the foreign exchange environment would likely witness some favourable effects in 2018. Oaikhenan made the projection in an interview with the News Agency of Nigeria (NAN) in Awka on Thursday. He predicted that there would be a massive inflow of foreign […]

2017: NBS Declares Four Million Nigerians Jobless

By Eric Elezuo Following the biting recession which hit the Nigerian economic space coupled with very unpopular economic policies, the National Bureau of Statistics has said that a total of four million Nigerians were rendered jobless. In its analysis, the body reputed for near-perfect figure analysis, said that between January and September this year, a […]

Customs Record N1tn Revenue in 2017

The Nigeria Customs Service on Thursday declared it has recorded its highest revenue collection ever with a total generated revenue of N1.01tn in the 2017 fiscal year. The Public Relations Officer, NCS, Mr Joseph Attah, said this during a media briefing held at the Customs headquarters in Abuja. Attah, who described the revenue performance as […]

Saudi Arabian Cinemas to reopen next year after 35-year ban

The Saudi Arabian government has announced on Monday its discontinuation of a 35-year old ban on commercial cinemas in the Western-Asian country. The country’s ministry of culture and information has said it would begin issuing licences immediately assuring that that the first cinemas would commence operations by March 2018. The turnaround is an outcome of […]

CBN set to blacklist Loan Defaulters

The Central Bank of Nigeria under the auspices of the Bankers’ Committee has concluded plans to use the Bank Verification Number of customers to blacklist loan defaulters from accessing further loans in the nation’s banking system. The CBN Governor, Mr. Godwin Emefiele, made the disclosure at the end of a two-day annual retreat of the […]

CBN Writes Banks, Requests Accounts Without BVN

The Central Bank of Nigeria has written a letter to the Deposit Money Banks in the country, asking them to submit list of customers and bank accounts without bank verification number. The letter came after a Federal High Court in Abuja ordered the CBN and 19 banks to freeze accounts without the BVN and got […]

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