Regrettably, naira depreciation does not hold any assurance of better things economically for Nigerians. There is obviously misguided and unrealistic call that the naira be devalued in expectation that matching “official rates with parallel market exchange rates will attract foreign investors or ensure competitiveness of the Nigerian economy”. Conversely, foreign investors are ‘smart guys’ investing chiefly in economically and minimally Read More
Following the award of the Governor of the Year bestowed on Governor of Kogi state, Alhaji Yahaya Bello, by The Sun Newspaper, Nigerians from different quarters are calling on the governor to aspire for a bigger role to enable him to make wider impacts. Governor Bello was honoured at the award function that took place on Saturday at Eko Hotel Read More
The Nigerian Ethnic Youth Leaders Council (NEYLC) has faulted the position of the Vice President, Prof Yemi Osinbajo, who on Monday called on the Central Bank of Nigeria (CBN) to devalue the naira. The council, which is made up of the Arewa Consultative Youth Movement, Ohanaeze Ndigbo Youth Movement, Oduduwa Youths and Middle Belt Youths, noted that with his suggestion, Read More
When the Central Bank of Nigeria (CBN) restricted the sale of foreign exchange to BDCs, many thought that continuous slide of the country’s currency against the Dollar would cease, but alas, it is not to be as the slide has continued. In this piece, BENJAMIN UMUTEME looks at the implication of a weakened Naira on the nation’s economy. Alarm bells Read More
Governor Ben Ayade of Cross River State has been awarded the Blueprint Newspaper Governor of the Year award for 2021. The event took place Thursday at the prestigious Congress Hall of Transcorp Hilton Hotel, Abuja. Ayade clinched the award in recgonition of his giant strides in agro-industrialization. The Blueprint 10th anniversary/Impact Series and Award is one in a series of Read More
No fewer than 75 construction companies Tuesday bidded for the concession of the 12 federal highways under the Highway Development and Management Initiative (HDMI). The Federal Ministry of Works and Housing had in December 2020, received the Certificate of Compliance for the Outline Business Case for the HDMI. Julius Berger, Dantata and Sawoe construction companies were among other notable companies Read More
Copyright © 2022 | About Us | Online Advert Rates | Mission Statement | Corporate Profile | Contact Us | Privacy Policy | Site Map