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Nigeria, one of top 10 global economies – US govt

Nigeria, one of top 10 global economies – US govt

The United States, US, government, yesterday, listed Nigeria as one of the top 10 global economies by 2050, citing the economic potentialities of countries across Africa.

This came as President Barak Obama dispatched a team of US officials to study Nigeria’s business climate, with the aim of investing in the country, even as President Muhammadu Buhari expressed gratitude to the US President and his government for assisting Nigeria in its anti-terrorism war.

Naira: CBN to fine-tune exchange rate

Naira: CBN to fine-tune exchange rate

The Central Bank of Nigeria (CBN), yesterday, said it would soon fine tune the exchange rate of the Naira, even as the nation’s currency depreciated further to N305 against the dollar in the parallel market.

Budget 2016: Senate tasks Buhari on capital projects

Budget 2016: Senate tasks Buhari on capital projects

The Senate yesterday continued debate on the 2016 Appropriation Bill presented by President Muhammadu Buhari, with a call on the executive to to spend borrowed money on capital projects. The debate on the budget ends today after three days.

Soyinka wants demolition of Artists’ Village probed

Soyinka wants demolition of Artists’ Village probed

—NOBEL laureate, Professor Wole Soyinka, has called for a holistic investigation into the demolition of the Artists Village in the National Arts Theatre, Iganmu Lagos.

The Artists’ Village, considered as the only space that still brews creativity and activity within the National Arts Theatre, was allegedly demolished following the directive from the National Arts Theatre General Manager, Kabiru Yusuf, on Saturday, January 23, 2016.