The new policy on remittances flow by the Central Bank of Nigeria (CBN), which offers to reward recipients of diaspora remittances is expected to reduce costs and check roundtripping, according to the regulator. Further to the introduction of its new “CBN Naira 4 Dollar Scheme” which comes into effect on Monday, March 8, 2021, the…
Nigerian stocks are almost unrecognisable today from where they were at the start of the year, and not even a return to the growth of Africa’s biggest economy is enough to lift stocks. In what came as a surprise, Nigeria’s economy exited recession in the fourth quarter of 2020, growing 0.11 percent, according to data […] Read Full Story
Manchester United have agreed a £235million deal with technology company TeamViewer to become the club’s new shirt sponsor from next season. The five-year partnership has been described by Manchester United sources as the ‘biggest shirt-only’ deal in the Premier League and the largest sponsorship of any kind secured by a sports team during the Covid-19 […] Read Full Story
By Ibrahim HassanWuyo The Arewa Consultative Forum, ACF, has written to the Central Bank Governor complaining of the exclusion of the Northern Nigeria from critical aspects of the nation’s financial life. In the letter dated 29th January 2021 and signed by Chief Audu Ogbeh, the former Minister of Agriculture and Chairman of ACF, observed that
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