How Naira scarcity ruined Valentine — Wives lament
Some working class wives in the Federal Capital Territory (FCT), on Wednesday, decried the inability to access Naira, which prevented them from getting the desired Valentine treat from their spouses. Some of the women told newsmen in Abuja that the current cash crunch in the country ruined their Valentine outing with their spouses, celebrated every […]
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Decline and fall of the Naira
By Obadiah Mailafia Money makes the world go round. The strength of a country, its prosperity and flourishing, is best measured by the standing of its currency. The American business magnate and politician, Ross Perot, observed that “a weak currency is the sign of a weak economy, and a weak economy leads to a weak […]
Economy: FG’s decision to devalue Naira huge mistake — Thompson
AS Nigerians continue to grapple with harsh economic realities, the Chairman and Chief Executive Officer, CEO, Safe water Energy and Environmental Restoration, SWEER Global, Dr Thaddeaus Thompson, Sunday, said Federal Government’s decision to devalue the Naira was a huge mistake.
After saving billions of naira, LASGEMS goes comatose
THE Lagos State Government Education Management System, LASGEMS, which was set up by an act of parliament in 2007, took the nation’s education management space by storm, as it was the first of its kind.
INFLATION: Agusto & Co warns Nigerians against liabilities in hard currencies
Due to the weakening of the Naira value against the world’s major currencies, Nigerians should not build up liabilities in hard currencies as the tendency is that more Naira will be required to repay the debt in the long run.
NAIRA: Basing devaluation on parallel market rate wrong — CBN
Says parallel used for corruption purposes Retains MPR at 11.5% Gives N1trn to corporate orgasnisations over COVID-19 N149 b to targeted households, SMEs By Emma Ujah Those using parallel market rate to put pressure on the Central Bank of Nigeria (CBN) to devalue the Naira won’t have their way. The CBN Governor, Mr Godwin Emefiele […]
