For how long will CBN continue to defend the naira?

Nigerians' penchant for foreign goods has continued to put pressure on the nation’s external reserves and the exchange rate. In the last four months - April to August- a total of $14.95 billion left the shores of Nigeria as payments made by Central Bank of Nigeria on behalf of the public. Of this amount, cash sales to Bureaux de Change, where those who purchase foreign exchange in small quantity buy from, amounted to $2.2 billion while letters of credit for direct importation amounted to $157.5 million.
Visible Articles 5 10 15

Promoting food security through investment in science

Alliance for Green Revolution in Africa (AGRA) believes in homegrown solutions to Africa´s food security challenges through building capacity across the whole of agricultural value chain. The programs of the body reveal immense avenues through which different players in the sector from scientists to farmers, government officials as well as other policy makers implement solutions.

Is poverty the ultimate reward for pension contributors?

The consciousness of sensitive Nigerians is often assailed by the undignifying sight of senior citizens and other such retirees, who wearily wait in distress for verification of their identity or eventual payment of pension entitlements from government agencies responsible for disbursement. The unsightly juxtaposition of such horrid spectacle against the background of impunity in the misapplication of pension funds is obviously also lost on our current political leadership; worse still, in spite of the reforms enacted in the 2004 Pension Act, there has been no single conviction of anyone for the reckless looting of pension funds.

Security fears at Akanu Ibiam Int’l Airport

There are fears that Akanu Ibiam International Airport, Enugu, may become transit route for drug traffickers as screening machines and other essential facilities that would enhance smooth operation were yet to be provided at the airport, which commenced international commercial flights on August 24.

Okiro urges co-operation between PSC, Police Ministry

ABUJA—Chairman of Police Service Commission, Mike Okiro, has said effective co-operation between the Police Service Commission, PSC, and the Ministry of Police Affairs will give the Nigeria Police Force the desired support in its reformation bid.

Analysis: Public health & economic implication of tobacco legislation

Tobacco, a predominantly natural herb warmed its way into the hearts of many consumers across the world because of its place in the gregarious nature of man. The herb is consumed mostly as cigarette and snuff in the present generation. However, it has come under severe and increasing regulatory scrutiny recently.

Courteville to promote Nigeria, Caribbean trade relation

In furtherance of effort to boost trade relation between Nigeria and Caribbean countries, Courteville Business Solution, CBS, an ICT/computer-based listed entity on the Nigerian Stock Exchange, NSE, will represent Nigeria in a business symposium aimed at forging closer business ties between both countries.

Customers as Elephants – 1

Do you still remember a particularly awful service experience you had in the hands of a certain organization some 10 or 15 years ago? If you do, your memory can favourably compare with that of an elephant. I understand that elephants hardly forget anything. In fact, as they grow older (especially the female) their memory gets better and becomes more useful for adaptation to the environment. Well, some customers are like that.

FG to collaborate with World Economic Forum to address infrastructure challenges

The Federal Government is to collaborate with the World Economic Forum (WEF) to address Nigeria’s infrastructural challenges. This is contained in a statement issued on Friday in Abuja by the Head of Information Unit of the National Planning Commission (NPC), Mr Salisu Haiba. The statement said the National Planning Minister, Dr Shamsuddeen Usman, disclosed this at a pre-planning meeting for a proposed collaborative round table on “Infrastructural Development and Public-private Partnership in Nigeria”.

Exit mobile version