The Central Bank of Nigeria (CBN) has distanced itself from reported plans to amend the Foreign-Exchange Act to provide for the imprisonment of anyone who holds foreign currencies, particularly the United States dollars, for more than 30 days. The apex ...
Read More »Meet The Russian Scammer Behind MMM Ponzi Scheme In Nigeria & S.Africa
If you have invested a fortune in this ponzi scheme particularly in Nigeria using bitcoin or transferring money via your bank account, please stop it from now on or if you have received your first payment, just stop investing please. Be ...
Read More »Yoruba: Ní ọjọ́ wo ní a má bọ́ ní oko ẹrú? .. see the English meaning
English: When shall we gain our freedom from enslavement? thepanafrican We are tired of being tired worldwide, Marcus Garvey told us that that they are some of us that look like us but do not care about us. Why do ...
Read More »Dangote Backs Adeosun, Says No To IMF Loan.
Aliko Dangote, Africa’s richest man, is in support of Kemi Adeosun’s stance that Nigeria should not consider obtaining a loan from the International Monetary Fund (IMF). Speaking at the IMF spring meeting in April 2016, Adeosun had desribed Nigeria as ...
Read More »Unity Bank sacks 215 workers, immediately after the Sallah break
Most of those sacked were branch managers and senior staff. A source, said: “There were no signs that such action was contemplated before we proceeded on the Salah break. But we came in this morning (yesterday) strategising on how to ...
Read More »Many Seemingly Rich Nigerians Are Bankrupt – Emir Sanusi
sanusilamidosanusi: I am Chairman of a company called Black Rhino. By the way, I don’t have a kobo in that company, but I am a Chairman. This short man who owns black stone said to us: “Gentlemen, here is $5 billion ...
Read More »What Can Nigeria Do Today To Turn Around This Economic Mess Within 5 Years?
what can Nigeria do today, I mean start right now, that will produce sufficient dividend to turn around this economic mess within 5 years? I see nothing, do you? ……….Ezekwe Gregg, You ask a very valid question that should actually ...
Read More »Business Owner Cries Out After Getting A 24-hour Demolition Notice
chloescupcakeheaven: So in the wake of the demolition of @nulijuice and other small business trying to make a difference in our economy, we got this marked on our wall today with a lot of officials and soldiers in tow. This ...
Read More »$309Million Flows Into Nigeria’s Forex Market In One Trading Day
The Nigerian foreign exchange market recorded an inflow of $309 million on Monday — a considerable surge from Friday’s transactions. Bola Onadele, head of market regulator, FMDQ OTC securities exchange,told Reuters that the trade included one $270 million transaction at ...
Read More »Top 5 Reasons Why Nigerians Don’t Patronize Made In Nigeria Products
There as been recent calls by the Government and concerned Nigerians calling on Nigerians to Buy Goods made in Nigeria so as to make the Naira Stronger.The fact still remains that Nigerians prefer to buy Foreign goods instead of Nigerian ...
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