CATEGORY: NEWS REVIEWS

TCN Gets N40billion Allocation In 2017 Budget Proposal

Transmission Company of Nigeria (TCN), has gotten the allocation of a total of N40 billion by the Federal Government...


Egypt Shows Just How Bad A Free Float Can Be After Years Of Currency Pegs

Egypt’s recent decision to free-float its currency has certainly come back to haunt its importers resulting in even more...





Stakeholders’ Reaction As BDCs Launch ‘Official’ Parallel Forex Exchange Rates

The Association of Bureau De Change Operators of Nigeria (ABCON) has launched a Uniform Weekly Exchange Rate for Licensed...


Eight Months After, FG Reintroduces Fuel Subsidy

Eight months after the removal of subsidy on petroleum products, and introduction of a “price modulation” of fuel prices,...



MMM Nigeria Resumes Ahead of Schedule

Ponzi scheme Mavrodi Mondial Moneybox (MMM) has resumed operations in Nigeria. Even though no official statement has been released,...


CBN To Resume Dollar Sales to BDCs Next Week

The Central Bank of Nigeria CBN is to resume dollar sales to Bureau De Change operators next week. CBN...


“Everybody Has To Go”: Efritin.com Gives Up, Shuts Down Nigeria Office

Nairametrics| Nigerian based “e-classified advert payer”, Efritin (pronounced ‘Everything’) has shut down its operations in Nigeria blaming harsh economic...




SEC Nigeria Issues Press Release Against Bitcoins And Other Cryptocurrencies

The Security and Exchange Commission of Nigeria has issued a press release warning against investments in Crypto Currencies. In...


Timeline Of FRCN’s Obazee Many Controversies

The Federal Government on Monday announced the removal of the Executive Secretary of the Financial Reporting Council of Nigeria...







Marketers Blame FG For Ballooning Prices Of Kerosene

Another price increase or long queues at filling...