The Socio-Economic Rights and Accountability Project (SERAP) has urged the Chairman, Revenue Mobilization Allocation and Fiscal Commission (RMAFC) Elias Mbam, to review upward the remuneration, allowances and conditions of service for judges to address their poor treatment. The organisation, on the other hand, urged the RMAFC to review downward the […]

The international financial architecture is ‘skewed in favor of rich and creditor countries’, the World Bank said on Sunday April 11, 2021. President of World Bank, David Malpass exposed the partial state of the architecture at the close of the World Bank/IMF Spring Meetings 2021 Development Committee meeting, in Washington […]

    Brent, the oil against which Nigeria’s crude is priced, continued its fall in price on Thursday April 8, 2021 with oil marketers in the country projecting that such a persistent plunge in global oil prices could lead to a reduction in petrol pump price. Industry figures showed that […]

The volume of Dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange (FOREX) market fell year-on-year (YoY) to $3.7billion in the first quarter of this year (Q1’21) from $20.49billion in Q1’2020. However, while the YoY trend shows a huge decline, the Month-on-Month, MoM, trend in […]

The Nigeria LNG train 7 will attract $10billion into Nigeria’s economy, according to the Managing Director, Nigeria LNG Limited. In his Goodwill message, presented at the Nigeria International Petroleum Summit (NIPS) Pre-Summit Conference, titled: The Decade of Gas, in furtherance of the Federal Government initiative that declared January 1, 2021, […]

Airtel Africa has announced the signing of an agreement under which The Rise Fund, the global impact investing platform of leading alternative investment firm, TPG, will invest $200 million in Airtel Mobile Commerce, AMC BV, a wholly owned subsidiary of Airtel Africa Plc. AMC BV is currently the holding company […]

Shareholders of United Capital Plc have approved the payment of N4.2billion, translating to 70 kobo per share dividend earlier recommended by the Board of Directors. They gave the approval at the company’s 2021 Annual General Meeting (AGM) in Lagos, which also streamed live in keeping with Covid-19 protocols. Addressing shareholders […]

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