Month: July 2023
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People & Money
What Impact Does India’s Rice Ban Have on Nigeria?
On the 20th of July, the Indian government imposed a ban on the export of non-basmati white rice. According to…
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People & Money
Getting Results in a Democracy: Activism Gets Things Done
Schumpeter does have a point. A vocal minority using activism could force policies on society even when such policies are…
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People & Money
Prembly Holds Events on Financial Regulations, Announces Launch of Compliance Tracker
As the Nigerian startup scene grows with more companies coming on board, there has been increased emphasis on the need…
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People & Money
CBN Raises Interest Rate to 18.75% Against Expectations
After its meeting on Tuesday, the 25th of July, the CBN’s Monetary Policy Committee (MPC) raised the benchmark interest rate…
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Business File
Business File: Access Bank Signs Agreement to Acquire Standard Chartered Subsidiaries
Business event pictures from Access Bank Plc, AELT Economic Summit, Egbin Power Plc, Nigerian Exchange Group, NiDCOM, Avon Healthcare Limited,…
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People & Money
What do market forces promise?
A much better response to the naira’s price crises (both its external price — its exchange rate, and its internal…
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People & Money
First Post Subsidy Oil Cargo Lands Nigeria, Emadeb Calls for Fixed Forex Rate for Oil Imports
On Wednesday, the 20th of July, the first privately owned oil cargo post-subsidy came into the country. Emadeb Energy Services…
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People & Money
Ex Unilag Don, David Mba , Appointed Vice Chancellor of British University
Birmingham City University, one of the top-rated institutions in the West Midlands region of the UK has announced the appointment…
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People & Money
Geregu Power Records a Gross Profit of N18.2 Billion in H1 2023
Geregu Power Plc, Nigeria’s first publicly traded power company has released its financial results for the half-year ending 30 June…
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People & Money
Nigeria’s Inflation Hits 22.79% in June 2023
In June 2023, Nigeria’s inflation rate continued its upward trend, hitting 22.79%, up by 0.38% from 22.41% recorded in May…
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