Inflation rate, CBN’s monetary policies, others to drive stock market

Inflation rate, CBN’s monetary policies, others to drive stock market

AS Nigeria steps up efforts to implement its N54.9 trillion 2025 budget, experts have expressed fears that President Donald Trump's energy policy, targeted at increasing oil output would impact the $75 per barrel target on which the budget is based, inflation and Diaspora remittances, among others.
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Are ATMs going out of fashion in Nigeria?

Are ATMs going out of fashion in Nigeria?

Nigeria is a cash-driven economy. Yet, today, when cash is needed, the default option isn’t the bank’s ATM but the nearest Point-of-Sale, POS, agent. ATMs, once the backbone of convenience banking, now sit idle, often empty, gathering dust, while POS agents offer the only real alternative for cash withdrawals. In a cash-driven economy, ATMs have become […]

Enforcement of third-party motor vehicle insurance

Enforcement of third-party motor vehicle insurance

On February 1, 2025, the Nigeria Police began nationwide enforcement of the third-party motor insurance policy as earlier announced by the Inspector-General of Police, Kayode Egbetokun. The move, in line with Section 68 of the Insurance Act and Section 312 of the 1945 Motor Vehicle (Third Party Insurance), is to ensure that every vehicle in […]

Political activist, MC Tagwaye joins AMAC chairmanship race

Political activist, MC Tagwaye joins AMAC chairmanship race

By Nnasom David A popular entertainer and entrepreneur, Obinna Simon popularly known as as MC Tagwaye has joined in the race for the next chairmanship of Abuja Municipal Area Council (AMAC). The Independent National Electoral Commission (INEC) will between this year and early next year conduct chairmanship election in the nation’s capital along with governorship […]

No To global taxation, Jimoh Ibrahim tells UN’s Global Parliament in New York.

No To global taxation, Jimoh Ibrahim tells UN’s Global Parliament in New York.

The Senator representing Ondo South Senatorial District has informed the United Nations that proposing a global tax to fund the Sustainable Development Goals (SDGs) is inappropriate and unacceptable, as the international system is anarchic and lacks the authority to comply. He further asserts that there is no comprehensive international system in place. He made this […]

Delta Steel Saga: Arewa youths back Kuru amid false allegations

Delta Steel Saga: Arewa youths back Kuru amid false allegations

By Luminous Jannamike ABUJA – The Arewa Youth Assembly has come to the defence of Mallam Ahmed Kuru, the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), in response to allegations linking him to the sale of Delta Steel Company (DSC). The assembly dismissed these claims as baseless, unfounded, and politically motivated. […]