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By ODILIM ENWEGBARA No modern capitalist economy allows its forex management policy to be in the hands of just one man –  one man so powerful that he decides who gets the forex and how much....
By ANIEBO NWAMU A younger Nigerian with a burning desire for greatness got excited after reading a statement issued by the Central Bank of Nigeria (CBN) in July this year. The sweet-sounding release that arrested the...
By ANIEBO NWAMU A white man I met at Apo Mechanic Village in Abuja, recently, stood stupefied as near-illiterate young men dismembered his car to work on it. In no time, they replaced a...
With effect from 2019, all existing oil licences will not be renewed by the Federal Government of Nigeria and its public corporations. No reason has so far been given for this development, but sources within the presidency revealed that the...
Nigerian universities are coming to terms with graduate unemployment in the country. Since degree and postgraduate degree certificates can no longer put food on the table, students and former students are now encouraged to acquire skills that would enable...
Under new guidelines issued by the Central Bank of Nigeria  on Thursday, CAC-registered agricultural, manufacturing and related entities considered as growth- and employment-stimulating can now borrow, long-term, as much as N10bn at consolidated 9% interest rate. The new credit policy...
Nigeria’s quest for foreign direct investments seems to be yielding fruit: a French hospitality company has announced the launch of what it expects to be flagship hotels in Nigeria. The multinational company, AccorHotels, this week signed agreements for the building...
Yola, Adamawa, Nigeria: July 30, 2018: The Government of Nigeria has endorsed Dr Abubakar Sadiq Hussaini as the country’s sole candidate to contest the position of secretary-general of the African Telecommunications Union in August. Currently an assistant professor and chair...
Executive vice-chairman of the Nigerian Communications Commission (NCC) Prof. Umar Danbatta says broadband access is critical for national development and should be treated as a key economic indicator. Danbatta stated this during the ICT Watch Network Award Ceremony held on Friday in...
Central Bank of Nigeria governor Mr. Godwin Emefiele says the dogged implementation of the Bank’s policy, which restricts importers of certain items access to foreign exchange from the Nigerian Forex market, has led to improvements in the domestic production...

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