money
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People & Money
“Our children would die of hunger” – Nigeria’s Forex Dealers Lament Dollar Scarcity
In May 2020, the Director of Nigeria’s Budget Office revealed that the country had lost around 80% of oil revenue…
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People & Money
$89 Billion Moved Illegally Out of Nigeria in 18 Years – UN
Between 1996 and 2014, Nigeria recorded a total of $89 billion in illicit financial flows [IFF]. This is according to…
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People & Money
Foreign Portfolio Investments in Nigeria Climb to N38.98 billion
Foreign Portfolio Investment (FPI), comprising assets like bonds and stocks held by international investors in an economy, increased by 12.69%…
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People & Money
U.S. Oil and Gas Sector Activity Still Shrinking But At Slower Rate
The United States energy industry saw an arrested slowdown in second quarter, Federal Reserve Bank of Texas said on Wednesday, quoting top-ranking…
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People & Money
Why Young Professionals are Avoiding Oil and Gas
A career in oil used to be an attractive option for college students and high school grads alike. Oil and…
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People & Money
Why Printing Money to Avert a Recession is not Smart Economics
I still remember my first lesson in economics at Island School in Hong Kong with Mr Abrahall. I had no…
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People & Money
How They Stash It: African Money in Europe
All hell broke loose when, a few weeks back, the International Consortium of Investigative Journalists [ICIJ] released a report which…
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People & Money
Super Corruption: What Stolen £300M in UK Banks is Spent On
The multimillion pound spending habits of corrupt members of the global super-rich – including 421 luxury homes, three superyachts, seven…
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