The costs of food baskets were affected ‘severely’ in 20 countries in Q2-2020, during which the COVID-19 pandemic played a major role, according to a report from the World Food Programme, WFP, released recently. Most notably, despite massive income losses, strong demand resulting from stockpiling in combination with disrupted trade flows led to steep increases …
VBank, a digital banking revolution and Nigeria foremost virtual Bank, has splashed over half a million Naira on 16 lucky Nigerians for participating in the ‘’Win With V’’ competition organized by it on VBankng Live on Instagram. The competition anchored by Mai Atafo is held every Friday and designed to reward Nigerians as well as …
The Director-General, Debt Management Office, Patience Oniha, said that there is nothing wrong with borrowing to fund the Nation’s budget deficit. She stated this while speaking to journalists on Wednesday in Abuja concerning the Nation’s increasing debt profile which stood at N28.63 trillion as of March 31, 2020. Rather, Oniha said instead of complaining about …
2020 BUDGET: There Is Nothing Wrong with Borrowing—DMO Boss, Oniha Read More »
Following the resumption of sales of forex by the Central Bank of Nigeria, (CBN) to Bureau De Change,(BDC) operators next week Monday, September 7, the Association of Bureau De Change Operators (ABCON) has listed small interest margin as a major challenges forex operators would be faced It was gathered that CBN is set to sell …
NAIRA WATCH: BDC Operators List Challenges As CBN Resume FX Sales Next Week Read More »
Speculators in Nigeria’s foreign exchange market are set to count huge losses as the Naira continues…
Investing in the future has been made easier more than ever before, thanks to Anchoria Asset Management (AAM),…
The Central Bank of Nigeria’s Manufacturing Purchasing Managers’ Index (PMI) for August stood at 48.5 index points,…
Henceforth banks customers in the country would receive 1.25 percent as a minimum interest rate on their savings deposit…
Too many people talk themselves into a corner when it comes to investing. They often say:…
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