According to our lords and masters at the World Bank, our path to economic transformation depends on ‘sustaining critical reforms for at least 15 years’. Among these numbers are the following: the restoration and strengthening of macroeconomic stability and fundamentals. …
CBN’s renewed focus on diaspora remittances: Ki ni big deal? – Toni Kan
My friend, Paul, is Jamaican. He has a strong Jamaican twang that sometimes leaves me wondering what he is saying. Paul and I met at our local pub in London and bonded over our mutual love for crossword puzzles. When…
Global leaders rally for $120b African Development Fund in Abidjan
•Deputy CEO of Brigdewater Associates, Porter Diehl; Founder and CEO of Global Citizen, Hugh Evans; Prime Minister of Rwanda, Édouard Ngirente; Prime Minister of the Republic of Côte d’Ivoire, Robert Beugré Mambé; President of Guinea-Bissau, Umaro Sissoco Embaló; President of…
Climate change and sustainability — Ehi Braimah
Issues around climate change have dominated global conversations since the historic Paris Agreement reached by world leaders on December 12, 2015 at the UN Climate Change Conference (COP21) in Paris. The Agreement is an international treaty which became legally binding…
Students’ loan ploy to starve public varsities – ASUU FUTA
Lecturers under the auspices of the Academic Staff Union of Universities, the Federal University of Technology, Akure chapter, has again rejected the proposed students’ loan scheme initiated by President Bola Tinubu. The lecturers described the scheme as a way to…
AGILE: Bauchi govt initiates 42 new school projects
Dr Jamila Dahiru, the Bauchi Commissioner for Education, says the state government has concluded arrangements to construct 42 basic and post basic schools under the Adolescent Girls Initiative for Learning and Empowerment (AGILE) programme. She said this at a one-day…
Naira drops to N956/$ as dollar supply falls by 46%
The naira fell, on Thursday, to N956/$ on the official Investor and Exporter forex window as dollar supply declined by 46.77 per cent. This is a 13.78 per cent decline from the N840.53/$ the naira closed trading on Wednesday according…
Ways and Means: Tinubu will not go beyond statutory limit– Edun
President Bola Tinubu will not go above statutory limits in obtaining budget support facilities from the Central Bank of Nigeria (CBN) through the Ways and Means Advances. The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun,…