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NLC, OPS Fear Rising Inflation Amid Failed Food Import Policy

NLC, OPS Fear Rising Inflation Amid Failed Food Import Policy   The Nigeria Labour Congress and members of the organised private sector have strongly criticized the Federal Government for its slow pace in implementing a duty waiver on imported food, which was announced in July this...

CBN Parleys OPS to Boost Productive Sector

CBN Parleys OPS to Boost Productive Sector The Central Bank of Nigeria (CBN) recently hosted a dialogue between the Organised Private Sector (OPS) and relevant stakeholders to explore strategies for enhancing Nigeria’s productive sector. The meeting held at the bank’s Lagos office focused on exploring how...

OPS and Banks Brainstorm Economic Growth Synergies

OPS and Banks Brainstorm Economic Growth Synergies Nigerian banks and the Organised Private Sector has said they will address critical areas of concerns and strategise to create sustainable synergy between the financial services sector and other businesses. A statement said at the first national stakeholders’ conference...

Oil Contributes 81% To N2.99trn Q3 Exports – NBS

Oil Contributes 81% To N2.99trn Q3 Exports - NBS       Despite efforts made at boosting non-oil earnings, crude contributed N2.42 trillion to the country’s 2.99 trillion Q3 2020 export earnings, data released by the National Bureau of Statistics (NBS) yesterday showed. With the figure, crude’s share of...

Forex Crashing: Matters Arising

Central Bank of Nigeria, CBN, has reaffirm its determination to sustain the resurgence of the Naira via continuous provision of foreign exchange to ensure Naira gains further strength as well as been available to end users. This is as the apex bank reiterated that...

OPS Blasts FG Over Threat Of Banking Licence Revocation

… As Senate summons Ngige over Threat Nigerians have been re­acting to the recent Federal Government threat to revoke the operating licenses of banks and telecommunica­tion firms that flout its or­der to suspend further staff retrenchment in the wake of the country’s worsening economic climate. Reacting to...