Lawless Kids and Fears of Terrorism in Kano By Yushau A. Shuaib Weblink: https://yashuaib.com/2023/06/lawless-kids-terrorism-kano/ _“And fear the fitnah (affliction and trial) which affects not in particular (only) those of you who do wrong.”_ - *Quran 8 verse 25* The above is a verse from the Holy Quran, which...

Domiciliary Accounts: CBN Lifts Deposit Restriction, Allows $10,000 Withdrawals Daily The Central Bank of Nigeria (CBN) has provided further guidance to Deposit Money Banks (DMBs) on the operational changes to the foreign exchange market announced on June 14, 2023. Going by the latest guidance, holders of...

WSC: Nigeria, Others Transport $7tn goods by Sea Yearly - Report  The World Shipping Council reports that $7tn of goods are transported across the seas every year. In a report on its website, the Washington DC-based body said there were more than 100 international liner ship...

FG to Generate $200bn Revenue from Customs Modernisation Project The Federal Government is to generate $200bn revenue from the modernisation project of the Nigeria Customs Service, the concessionaire in charge of the project, announced on Thursday. Speaking at the flag-off of the Project Management Office of...

FG Spent $894m To Service Foreign Debts From January To April 2023 - CBN   Data released by the Central Bank of Nigeria (CBN) has revealed that the federal government spent $894 million to service foreign debt obligations from January to April 2023. The export and international...

Again, CBN Increases Interest Rate to 18.5% The Central Bank of Nigeria(CBN) has raised its benchmark lending rate to 18.5 per cent, from 18 per cent, in a robust push to contain the nation’s inflationary trend. The CBN governor, Godwin Emefiele, announced this on Wednesday after...