Following the latest report by the National Bureau of Statistics (NBS) that the Nigeria’s annual inflation has slowed for the 11th consecutive period in December, analysts at CardinalStone Research have predicted improved rate of 12.9 per cent by end of December 2018. The new statistic report showed that the rate eased to 15.37 per cent […]
…as Naira slips against Pound, Euro at parallel market The Nigerian Autonomouse Foreign Exchange (NAFEX) window recorded total transactions turnover of $522.8 million at the end of official first trading week in 2018, finding by The Daily Times has revealed. But the Naira, over the weekend extended its losing streak against the Pound and Euro […]
President Muhammadu Buhari presented the 8.612 Trillion Naira 2018 Appropriation Bill to the National Assembly a week ago. A breakdown of the budget as presented reveals the following: a. Recurrent Costs = N3.494 trillion; b. Debt Service = N2.014 trillion; c. Statutory Transfers = N456 billion; d. Sinking Fund = N220 billion (to retire maturing […]
*Saraki, Dogara move to pacify aggrieved lawmakers Lawmakers who are to sit at a joint session on Tuesday for presentation of the 2018 Budget by President Muhammadu Buhari are not favourably disposed to the presentation amid protest that the current year’s budget is being poorly implemented. To douse tension among the angry lawmakers both the […]
By Gbenga Sodeinde, Ado Ekiti Ahead of the 2018 Governorship election in Ekiti State, the All Progressives Party, (APC) has described the annointed candidate of Governor Ayo Fayose, his Deputy, Prof. Kolapo Olusola as no match to any of its aspirants in the state. Specifically, the party dressed down the anointed candidate of Fayose for […]
Data emanating from Sabre Corporation has revealed that air travel expenditure in Africa is expected to rise by 24 per cent with the introduction of the pan-African passport in 2018. The new passport will enable African travellers to visit other countries on the continent without visa. The comprehensive survey by Sabre, according its Vice President […]