Exclusives

Exclusives

Hope rises for unpaid private school teachers on FG’s survival fund

Mark Mayah Sep 28, 2020

The Federal Government has lifted the hopes of private school teachers who have been enduring hardship over unpaid salaries following...

Exclusives

Nigeria’s travellers pay 42% higher for COVID-19 test than peers

Temitayo Ayetoto-Oladehinde Sep 25, 2020

Nigeria’s travellers are facing a 42-percent higher charge for Covid-19 test than their peers in South Africa, Kenya, Ghana, Senegal...

Exclusives

MPR cut means interest on savings deposit shrinks to 1.15% per annum

Okafor Endurance Sep 25, 2020

The Monetary Policy Rate (MPR) cut by the Central Bank of Nigeria (CBN) on Tuesday from 12.5 percent to 11.5...

Exclusives

Low yields dampen investment returns of Nigeria’s insurers

Bala Augie Sep 24, 2020

The sharp decline in yields on risk-free treasury instruments is dampening the investment returns of Nigeria’s insurers who are already...

Exclusives

More funding options open for 41.5m SMEs amid COVID-19 scourge

Odinaka Anudu Sep 24, 2020

More opportunities to access credit have opened for Nigeria’s hard-hit micro, small and medium enterprises (MSMEs) to recalibrate their operations...

Exclusives

Have stocks gained from Nigeria’s financial repression?

David Ibidapo Sep 23, 2020

Nigerian stocks saw a short-lived gain from the artificially low-interest-rate environment until the Covid-19 pandemic struck. The financial repression tactics...

Exclusives

Interest rate cut to 11.5% means more liquidity for banks, savings rate drop

Hope Moses-Ashike Sep 23, 2020

Nigeria’s central bank’s surprised deeper easing of its benchmark interest rate by 100 basis points to 11.5 percent yesterday from...

Exclusives

How risk of Nigeria’s artificially low interest rates exceeds policy gain

Okafor Endurance Sep 22, 2020

Aimed at diverting liquidity away from risk-free instruments to the real sector, Nigeria’s low-interest rate policy may have achieved its...

Exclusives

Why New National Development Plan must prioritise productive economy, double digit growth

Harrison Edeh Sep 22, 2020

With raging concerns on the weak performance of Nigeria’s economic plans, programmes and policies, industry analysts have challenged the Federal...

Exclusives

Nigerian banks in cost cutting push maintain branch closure after lockdown ease

Hope Moses-Ashike Sep 22, 2020

After more than two months of easing of lockdown imposed by the Federal Government to contain the spread of Covid-19...

Exclusives

Nigeria’s Situation Room commends conduct of Edo guber election

Modestus Anaesoronye Sep 22, 2020

The Nigeria Civil Society Situation Room has applauded the peaceful conduct of Edo Governorship elections held on Saturday, applauding role...

Exclusives

In Nigeria, weary investors, savers subsidise inefficient government

Lolade Akinmurele Sep 21, 2020

Something uncommon happened last Wednesday. At least that is how anyone who has not been following Nigeria’s financial markets recently...

Exclusives

How pension funds reel from negative real interest rates

Micheal Ani Sep 21, 2020

A collapse in yields on Nigerian assets is leaving pension fund administrators (PFAs) with no choice but to plough back...

Exclusives

Oil/gas sector: New Bill to unlock $10bn in Nigeria’s local content yearly underway

Oladehinde Oladipo Sep 21, 2020

An amendment on a new bill in the oil and gas sector that will ensure that Nigeria joins the league...

Exclusives

Hoteliers may abandon franchise, agreement as business declines

Emelike Obinna Sep 18, 2020

Considering the high exchange rate and persisting lull in business occasioned by the coronavirus (COVID-19) pandemic, many Nigerian hoteliers are...