Wednesday, November 14, 2018

Oluseyi Awojulugbe

    Cardi B says childbirth broke her vagina

Cardi B says childbirth broke her vagina

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    PHOTOS: Celebrities, Afrobeat enthusiasts gather for Felabration 2018

PHOTOS: Celebrities, Afrobeat enthusiasts gather for Felabration 2018

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    Nigeria moves up 10 places in Global Competitiveness Report

Nigeria moves up 10 places in Global Competitiveness Report

Nigeria moved up 10 places in the Global Competitiveness Report released by the World Economic Forum (WEF) on Wednesday.Africa's largest economy moved from its 2017 spot of 125 to 115.According to the report, national competitiveness is measured by the institutions, policies and factors that determine the level of productivity of a country.Nigeria had an overall score of 47.6 out of [...]

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    Osita Chidoka: There was no Nollywood when PDP took over in 1999

Osita Chidoka: There was no Nollywood when PDP took over in 1999

Osita Chidoka, a special adviser to Uche Secondus, national chairman of the Peoples Democratic Party (PDP), says there was no Nollywood when the party took over power in 1999. [...]

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    INTERVIEW: Fleeing investors will return to Nigeria after 2019 election, says SEC acting DG

INTERVIEW: Fleeing investors will return to Nigeria after 2019 election, says SEC acting DG

Mary Uduk, acting director general of the Securities and Exchange Commission (SEC), says the recent outflows experienced in the Nigerian capital market will be remedied when the 2019 general election is concluded.In a session with journalists at the just concluded 2018 annual meetings of the World Bank Group and International Monetary Fund, Uduk who was appointed by Kemi Adeosun, former [...]

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    ‘I am not an extremist’ — Aramide talks feminism

‘I am not an extremist’ — Aramide talks feminism

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    Food prices push Nigeria’s inflation rate to 11.28%

Food prices push Nigeria’s inflation rate to 11.28%

The consumer price index, which measures inflation, stood at 11.28% in September from 11.28% recorded in August on a year-on-year basis, data from the National Bureau of Statistics have shown.Going by the inflation report released by the bureau on Tuesday, this is the second consecutive month of inflation rise after 18 consecutive months of decline."On a month-on-month basis, the Headline [...]

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    Emefiele: It is either build reserves or save the naira — we’re choosing the naira

Emefiele: It is either build reserves or save the naira — we’re choosing the naira

Godwin Emefiele, governor of the Central Bank of Nigeria, says the Buhari-led administration chose to save the naira instead of building reserves.Emefiele, who made this known to journalists on Sunday in Bali, Indonesia, said it is difficult to talk about building reserves at the moment."We are going to need to build buffers but unfortunately I must say that we are [...]

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    Zainab Ahmed: Nigeria’s low human capital development ranking depressing

Zainab Ahmed: Nigeria’s low human capital development ranking depressing

Zainab Ahmed, the minister of finance, says Nigeria’s spot on the Human Capital Development ranking released by the World Bank is depressing.The newly-appointed minister expressed her views while speaking with journalists on Sunday at a press conference to mark the end of the 2018 annual meetings of the International Monetary Fund (IMF) and World Bank Group.The World Bank had ranked [...]

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    Emefiele: More national assets will be privatised

Emefiele: More national assets will be privatised

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says more state-owned enterprises will be privatised.The governor made this known to journalists at a press conference to mark the end of the annual meetings of the International Monetary Fund (IMF) and World Bank, in Bali, Indonesia.Udoma Udo Udoma, minister for budget and national planning, Zainab Ahmed, minister for finance [...]

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    Obasanjo: Buhari’s hand too weak to sign African free trade agreement

Obasanjo: Buhari’s hand too weak to sign African free trade agreement

Former president Olusegun Obasanjo says President Muhammadu Buhari's hands are too weak to sign the African free trade agreement (AfCTA).He made the statement on Saturday while speaking at the Babacar Ndiaye lecture series in Bali, Indonesia.Obasanjo said he hopes that Nigeria will soon have a president who will sign the agreement."Africa cannot overcome fears of trade wars till it achieves [...]

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    ‘A Star is Born’, ‘The House With a Clock in its Walls’… 10 movies you should see this weekend

‘A Star is Born’, ‘The House With a Clock in its Walls’… 10 movies you should see this weekend

Some movies leave one with a feeling of glee while some poorly executed flicks make one want to puke, punch someone and throw a tantrum – all at once.To help you avoid such a situation that’d leave you fuming out of the cinema in utter disgust, TheCable Lifestyle recommends the following movies. [...]

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    Finance ministry seeks IMF’s help to go after oil companies for tax

Finance ministry seeks IMF’s help to go after oil companies for tax

Zainab Ahmed, minister of finance, says that the federal government has asked the International Monetary Fund for help in getting taxes from large oil companies.Ahmed told journalists on Friday that the federal government's decision is to curb financial outflows from the sector."The G24 meeting was chaired by the vice president of the World Bank representing the president of the World [...]

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    Oniha: FG working on ways to avoid debt crisis

Oniha: FG working on ways to avoid debt crisis

Patience Oniha, director general of the Debt Management Office (DMO), says the federal government is working on generating long-term revenue to avoid a debt crisis.Addressing journalists on the sidelines of the ongoing annual meetings of the International Monetary Fund and World Bank Group, Oniha said Nigeria is not currently experiencing a debt crisis."Debt crisis means your ability to service your [...]

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    World Bank: We were wrong to advise Nigeria to invest hard in infrastructure

World Bank: We were wrong to advise Nigeria to invest hard in infrastructure

Jim Yong Kim, World Bank president, says the institution's advice to countries, including Nigeria to invest hard infrastructure was a wrong approach.Commenting on Nigeria's ranking while unveiling the bank's first-ever Human Capital Index,  Kim said the bank is taking responsibility for its actions.The index measures countries’ contribution of health and education to the productivity of the next generation of their [...]

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    IMF recommends ways of boosting Nigeria’s revenue

IMF recommends ways of boosting Nigeria’s revenue

The International Monetary Fund (IMF) has suggested ways that Nigeria can boost its revenue outside crude oil to reduce the country's reliance on lending.Speaking at her maiden press conference for the ongoing annual meetings of the IMF and World Bank Group, Christine Lagarde, IMF managing director, recommended a tight monetary policy."I would certainly start with a tight monetary policy, higher [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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