BUA, Dangote and Price Fixing War, by Muhammad Sagir Bauchi
Around October 1929, values of stocks in the New York Stock Exchange (NSE) market dropped to an unprecedented record level. Within three days, many investors loss about five billion dollars. Towards the end of the...
We can't Confirm Pantami on our Watchlist- US Embassy
.... Refers PRNigeria to FBI
With condemnations trailing the alleged linking of the Minister of Communications and Digital Economy, Ibrahim Isa Pantami, to Boko Haram and other terrorist groups by a Nigerian newspaper, the Embassy of the...
Africa’s Climate Change Impact Rises To $50bn Annually
The African Development Bank (AfDB) has said the impact of climate change on the continent could rise to $50 billion each year by 2040, with a further three per cent decline each year in gross domestic product...
IMF Proposes $650bn Special Drawing Rights To Members — Kristalina Georgieva
The International Monetary Fund (IMF) is to propose a $650 billion Special Drawing Rights (SDR) to its member countries in the organisation’s efforts to boost their reserve positions.
The Managing Director (MD) of the IMF,...
Fed Govt May Exceed N7.89trn 2021 Revenue Target As Oil Prices Soars
There are indications that the Federal Government may be on course to meet and perhaps, surpass the projected oil revenue target in the 2021 budget if the recent rise in the prices of...
Oil Revenue To Remain Subdued As Output Plunges By 15%
Despite the recent rise in oil prices, there are strong indications that Nigeria is not likely to be out of the woods in its petroleum revenue performance and budget funding, due, mainly to the significant...