NGO trains over 20,000 undergraduates on plastic pollution
By Peter Egwuatu U-Recycle Initiative Africa, a youth-led Non-Governmental Organisation, NGO, has trained over twenty thousand youths across four federal universities in Nigeria through the second edition of its flagship multi-year initiative for universities, called PlasticWize 2.0. The NGO is advancing environmental education, circular economy solutions, and climate action across Africa. Through PlasticWize 2.0, themed, “Redefining […]
FOREX: Turnover in I&E falls by 47% to $33bn in 2020
The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian foreign exchange (forex) market fell by 47 percent, year-on-year (YoY) to $33.04 billion last year from $62.37 billion in 2019.
TigerWit charges its new retail traders on excellence, professionalism
Renowned financial technology and brokerage firm headquartered in the UK, TigerWit, has charged its 30 newly-trained retail traders to go into the largest financial market and become the next set of super traders.
Remittances inflow and the Economy
Adeshola works 16 hours a day, spending most of the spare time shuttling between the three jobs, needed to generate earnings, from which he regularly sends money to his wife and three children back in Nigeria.
Managing human resources professionally, way out of recession — Institute
Professionally managing human resources in homes, offices and government will get the country out of economic recession, as it will cut cost, stem wastage and prevent avoidable disasters.
INFLATION: Agusto & Co warns Nigerians against liabilities in hard currencies
Due to the weakening of the Naira value against the world’s major currencies, Nigerians should not build up liabilities in hard currencies as the tendency is that more Naira will be required to repay the debt in the long run.
Recession: Nigeria at critical juncture — World Bank
The World Bank has said that Nigeria was at a critical juncture, given the crash in its economic fortunes, occasioned by the current global economic crisis from the impact of the COVID-19 pandemic.
Stock market records new high as investors gain N299bn in one day
By Peter Egwuatu The stock market Monday recorded a new high after five months of low activity as the benchmark index, Nigerian Stock Exchange, NSE All Share Index gained 2.1 percent to close at 27,554.56 points from 26,985.77 points on Friday. In similar vein, another major stock market gauge, market capitalisation up N299.0 billion to […]
Lagos govt unveils plans for 2020 economic summit
Lagos State Government, on Sunday, unveiled plans to hold its eight economic summit this year, saying it has so far implemented 109 of the 119 resolutions produced from previous summits.
CBN cuts monetary rate to 11.5%
•Calls for urgent fiscal measures against inflation By Emma Ujah THE Central Bank of Nigeria (CBN) has cut the Monetary Policy Rate (MPR) from 12.5 per cent to 11.5 per cent, an indication of a reduction in the cost of funds by 100 basis points. The CBN Governor, Mr. Godwin Emefiele, disclosed this while presenting […]
