Nigeria’s total public debt reaches N33.107trn – DMO
The Debt Management Office (DMO) says Nigeria’s Public Debt Stock is N33.107 trillion (about 87.239 billion dollars), as at March 31, 2021. A statement obtained from DMO’s website says that…
How China’s Rise Has Remade Global Politics
Beginning with its entry into the World Trade Organization in December 2001, China has rapidly transformed its economy from a low-cost "factory to the world" to a global leader in…
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Federal Government seeks Revenue Growth From Bitumen, Barite and Gold
On Wednesday, Officials of the Federal Ministry of Mines and Steel Development said that while there had been concerted efforts to develop various minerals in the sector, much emphasis had…
The Nigerian currency falls further at official market
The naira weakened against the U.S dollar at the I&E window of the foreign exchange market on Tuesday as foreign exchange supply rose significantly. However, the local currency remained stable…
NIBOX: Payments, Lending and Neobanks Rule Fintechs in Emerging Markets
Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa,…
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THE LOSS OF SOME AFRICAN COUNTRIES COLLATERAL TO INTERNATIONAL LOAN LENDERS
It is no longer news that some African countries have lost some of their National Assets to Foreign lenders, under the Export Credit Agencies (ECA) Loan Facility. A recent case…
China eliminates absolute poverty,achieves goal.
China was for decades one of the world's most impoverished countries and ending absolute poverty has been an important policy goal for Xi. The Chinese leader pledged to meet his…
Cater and Merger Consult CEO, Hon. Azu, joins millions of Nigerians to Congratulate the newly appointed DG. WTO. Dr. Ngozi Okonjo-Iweala; The Amazon
Cater and Merger consult CEO, Hon. Godson Azu has join millions of Nigerians to congratulate history making Ngozi Okonjo-Iweala who has been appointed the new chief of the World Trade Organization,…
Digital rights lawyers Litigate CBN, SEC over cryptocurrency prohibition
The apex bank said cryptocurrencies promote illegal activities and raise risks, among other reasons. A ban to this on the 5th of February has raised uproar of reactions. A civil…
Cryptocurrencies Breed loss of investments, money laundering, terrorism financing, illicit fund flows and criminal activities– CBN
The Central Bank of Nigeria has said cryptocurrencies promote illegal activities and raise risks, among other reasons. On Sunday 8th of February,The CBN stated, “The recent regulatory directive became necessary to protect…