WITH the present level of Nigeria’s external debt, every Nigerian citizen in the country is currently indebted to the tune of $157 or N64,684. This trend, according to a development economist, Dr. Tayo Bello, is worrisome as the borrowing rate…
THE General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, has described as worrisome Nigeria’s current economic woes. Adeboye said he was alarmed when he learned that debt servicing alone gulps a high percentage of the…
CBN plans massive local production to save $2b spent annually – Advertisement – By Nduka Chiejina, Abuja WHEAT used to produce many staple food items, including bread and biscuit, will soon join the list of items restricted from official forex allocation…
FIVE oil thieves have been convicted and sentenced to various terms of imprisonment in separate judgment by the Federal High Court sitting in Port Harcourt, Rivers State. While Justice Phoebe M. Ayuba convicted and sentenced Peter Listen, Monday Nwibe to six months…
WIKE AND THE VAT LAW – “You grow the kola, we eat it” FOR more than half a century, since July 29 1967 to be exact, the North has gotten whatever it wants from Nigeria through brigandage, force of arms…
THE Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has expressed his readiness to work with the National Identity Management Commission, NIMC, in ensuring that Nigeria has a credible national identity database that will help the fight…
OPERATIVIES of the Uyo Zonal Command of the Economic and Financial Crimes Commission EFCC, on Wednesday, September 29, 2021 arrested 21 suspected internet Fraudsters a sting operation at World Bank Housing Estate, Umuahia, Abia state. The arrested suspects are: Onwuka…
MERCHANTS are barred from exceeding N1 million a deal on eNaira transactions, the Central Bank guideline on the usage of the digital currency indicates. This is part of the operating model and prototype design of the payment platform due to…
THE Economic and Financial Crimes Commission will appeal the ruling today by Justice Inyang Ekwo of the Federal High Court stopping the Commission from retrying a former governor of Abia State, Senator Orji Uzor Kalu Kalu was serving a 12-year…
THE Federal Executive Council (FEC) has approved N3.109 billion for contracts in the Ministry of Education as well as the Ministry of Communication and Digital Economy. This was disclosed to State House Correspondents by the Minister of Information and Culture,…
