Forex Rate: Manufacturers, Importers, Others Bemoan High Costs   Importers, clearing agents and manufactures have cried out over the high foreign exchange (forex) rate in the country. It was in June, this year that the Central Bank of Nigeria (CBN) unified exchange...

External Reserves Drop by $841m in Three Months   Nigeria’s external reserves fell by $841.75m between July and September, figures obtained from the Central Bank of Nigeria (CBN) revealed. The CBN revealed in its report on the movement of external reserves that...

Pension in N2.4trn Deficit Before Reforms, Says PenCom Boss   The Director-General of the National Pension Commission (PenCom) Mrs Aisha Dahir-Umar, has stated that the pension reforms in the country started when Nigeria was struggling with a N2.4tn deficit. This was disclosed...

Nigeria Borrowed $1.21bn as 28 States Failed to Attract Foreign Investments     Nigeria relied on foreign borrowing ($1.21bn) to boost its capital importation in the first six months of 2023. This is as 28 states failed to attract any foreign investments in...

Psycho-analysing a President Under Pressure, by Zekeri Idakwo   The tone of President Bola Ahmed Tinubu's address in this year's Independence Day Celebration was not different from his last nationwide broadcast. However, the mood of the nation before the broadcast was that...

Hajia of the Poor, by Senator Babafemi Ojudu   In this photograph with me is Hajia Maryam Uwais, a lawyer, a wife, a mother and an activist. In Yoruba when a man is tough , unbending and courageous we refer to him...