The Central Bank of Nigeria (CBN) has advanced steps to tackle the increasing exchange rate challenge the country has since been battling, as it announced its decision to attract about $2 billion monthly as remittances from citizens in diaspora.
According to the Governor of CBN, Godwin Emefiele, since Pakistan receives...
N-power is an empowerment scheme that President Muhammadu Buhari floated to cushion the effect of the unemployment rate on members of the public.
To the delight of the beneficiaries, under the N-power scheme, the federal government has floated another N-knowledge.
According to Hajiya Sadiya Umar Farouq, the Minister of Humanitarian Affairs,...
The Nigeria communication commission (NCC) has said that it is working with stakeholders to ensure the safety of 5G network in preparing for the upcoming launch of the network.
Speaking at a Tech forum themed “Multi-stakeholder approach to National Recovery post-pandemic,” the Executive Vice President, Prof Umar Danbatta explained that...
Chairman of the United Bank of Africa (UBA) Group, Tony Elumelu has highlighted the economic recovery plan for President Muhammadu Buhari and other African leaders.
While speaking at a roundtable discussion made up of African leaders, including Dr. Ngozi Okonjo – Iweala, the Special Envoy of the African Union on...
The Federal Inland Revenue Service (FIRS) has warned Muhammadu Buhari against plunging Nigeria into a debt crisis.
Recall that some months ago, the Debt Management Office (DMO) released the country’s debt report.
In the report as reported on Unmask NG, Nigeria’s total debt stock, which comprises foreign and local arrears,...
The Association of Bureaux De Change Operators of Nigeria (ABCON), has cautioned against an increase in retirement age.
The Association maintained that the increase in the retirement age works indirectly on the policies that are targeted at reducing the rate of unemployment amongst youth in the country.
In its quarterly economic...
For MD/CEO, Abx World Limited, Captain John Okakpu, the African Free Trade Area (AfCFTA) has the potential to lift millions of people out of poverty and end food insecurity on the Continent, including Nigeria.
According to him, in spite of the enormous advantages African countries can leverage, Nigeria has not...
The Federal Inland Revenue Service (FIRS) has explained why Nigeria did not sign the Organisation for Economic Cooperation and Development (OECD) G20 Inclusive Framework two-pillar solution to tax challenges of the digitalized economy.
The OECD G20 Inclusive Framework two-pillar solution proposes a framework of rules aimed at tackling base erosion...
Dollar to naira, on Monday, August 22, 2022, opened at (undisclosed) at the Investors & Exporters FX window ( I&E FX Window), where the currencies officially trade.
According to the data at the FMDQ Security Exchange where forex is traded officially, the dollar to naira exchange rate stood at (undisclosed).
This would mean that the...
Economic experts have lamented the losses of looting and arson of properties in Lagos State.
Recall that between Tuesday, October 20, 2020, and Friday, October 23, some stores (both private and public), were looted, while properties were also destroyed by miscreants who hijacked the nationwide peaceful protest against police brutality...