It was reported in the news recently that, the international oil benchmark, Brent crude, rose further up to $67 per barrel, what strong likelihood of a further increase. For Nigeria, which relies on crude oil for about 50 per cent of government revenues and over 90 per cent of export[Read More…]
Author: Godwin Anyebe
International Women’s Day: Bridging the Gap of Gender Inquality
The history of international women’s day can be traced back to about a century ago when a number of women staged a protest match to demand for the rights of women to vote during elections in New York, United States of America. In Nigeria, women like the late Queen Amina[Read More…]
Petrol price hits N212.61 per litre – PPPRA
Price of Premium Motor Spirit (PMS) otherwise called petrol has soared to N212.6 per litre, Petroleum Products Pricing Regulatory Agency (PPPRA) said in a new monthly template. The template published Thursday night shows that the retail price of petrol would sell between market band of N209.61 and N212.61. Marketers usually[Read More…]
Consumers: BEWARE OF FASTMONEY
The advent of technology and the internet have made the creation of online loan platform easy. Lending has been made possible by technology platforms thereby making brands scrambling for prospective customers Online loan platforms were first created by non-bank owners who act as brokers, collecting a fee to match borrowers[Read More…]
FIRSTBANK UNVEILS FIRSTSME ACCOUNT, REITERATES ITS COMMITMENT TO THE CONTINUED GROWTH OF SMES
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its SME specific accounts designed to reinforce the Bank’s role in putting SME’s at an advantage whilst contributing to national growth and development. The SME accounts – which are in two variants – FirstSME Classic[Read More…]
Inside Ban on Cryptocurrency
All over the world, people are still struggling to come to terms with the newly popular cryptocurrencies that have come into existence. 2017 was the turning point for these cryptocurrencies as prices soared higher which attracted investors without knowing the risk involved. A cryptocurrency is a digital token or asset[Read More…]
Governance vs Banditry: When Values Collide
At a time when the handlers of Nigeria’s security architecture are seriously looking for solution to rising insecurity challenges in the country, the governor of Zamfara state, Bello Matawalle declared that, “not all Bandits are criminals.” Matawalle who made this known recently at the Villa while on a visit to[Read More…]
How disintegration of Nigeria could cause more harm than good
Over the course of the 20th century, the number of independent states in the world doubled. Recently, increasing attention has been given to the issue of separatism and secession. This does not mean that this phenomena is new. It’s just that, it has become more frequent, attritious and tenacious. The[Read More…]
Firstbank Highlights Role Of SMES To Economu At EHINGBETI LAGOS SUMMIT
The Chief Executive Officer of First Bank of Nigeria Limited, Dr Adesola Adeduntan, has restated the strategic importance of small and medium enterprises SMEs to the growth and development of the national economy. Adeduntan said the path to the growth of Nigerian economy lies in growing the SME sector, and[Read More…]
New Petrol Price Imminent as Landing Cost Hits N180 Per Litre
THERE were indications, Monday, that stakeholders would soon emerge with a new price of petrol as the landing cost of the product rose from N151 to N180 per litre, due mainly to rising price of crude oil in the international market. The rise of crude oil price from $58 to[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]