Amaka Obiefuna. Economic confidence across Africa has been improving since the end of last year,according to the latest edition of the Global Economic Conditions Survey (GECS), released today. The quarterly survey of global CFOs and finance professionals, conducted by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants), found that […]

July 21, 2017 – Lagos, Nigeria: In line with its quest for sustenance of its operations and to ensure its programmes reach more unemployed youths, the Lagos State Employment Trust Fund (LSETF or The Fund), an initiative of the Lagos State Government, has launched a funding partnership program targeted at high net worth individuals, private organizations, […]

The United States has asked Nigerians to go about finding solutions to the nation’s challenges in a peaceful manner. The Charge D’Affaires at the U.S embassy, Mr David Young, who was speaking on Channels TV’s Sunrise Daily, stated that there is need for Nigerians to discuss their differences to resolve the ongoing agitations. “We the […]

The Federal Government spent $25.82bn to service its debts between 2012 and 2016, the Debt Management Office has said. If converted to naira using the official rate of N305 to one dollar as of December 31, 2016, DMO said this amounted to N7.88tn. The DMO, which stated this in its 2016 Annual Report and Statement […]

In order to reduce demand for foreign exchange, especially the dollar, the Central Bank of Nigeria has engaged in continuous and aggressive mop up of cash from the economy in the past six months. The development is said to be responsible for the cash crunch that has hit the economy with a heavy toll on […]