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Cristiano Ronaldo scammed of £250,000 by travel agent

Cristiano Ronaldo scammed of £250,000 by travel agent

A travel agent, named Maria Silvia scammed Manchester United striker, Cristiano Ronaldo, out of £250,000 (about N140 million) after the football star entrusted her with his credit cards and pin. The 53-year-old travel agent also scammed Ronaldo’s super-agent Jorge Mendes …

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Customers scam banks with fake visas, tickets for forex

Customers scam banks with fake visas, tickets for forex

The Central Bank of Nigeria has vowed to engage financial crime fighting agencies to pursue fraudsters who have been deceiving the banks with fake documents to buy forex at cheap rates and sell at higher rates at the black market, report …

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Buhari orders NNPC Ltd’s incorporation, names Ararume board chair

Buhari orders NNPC Ltd’s incorporation, names Ararume board chair

The President, Major General Muhammadu Buhari (retd.), has directed the incorporation of the Nigerian National Petroleum Company Limited. Buhari, who is also Minister of Petroleum Resources, gave the directive in consonance with Section 53 (1) of the Petroleum Industry Act …

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ECONOMY: August Inflation Rate Falls to 17.01%; MPC Votes in Favour of Growth, Hold Rate Constant…

ECONOMY: EIU Expects FG to Raise VAT to 15%, Sees Limited Impact of PIB on Government Revenue …

CWR, Cowry Weekly Financial Market Review Outlook Friday, September 17, 2021

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Yeppie Yetunde

Yeppie Yetunde

Mrs. Yetunde Akinluyi is an Assistant Synod Secretary, Anglican Communion, Diocese of Lagos and the Executive Secretary, Lagos State Economic Advisory Committee. She is an epitome of kindness and an exemplary leader. As you go about your week, Yetunde says …

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NRC Will Need 145 Years To Repay $1.53bn Lagos/Ibadan Rail Loan

NRC Will Need 145 Years To Repay $1.53bn Lagos/Ibadan Rail Loan

·  Why NBS railway earning stats are deceptive – CILT ·  Nigeria should learn from Chinese debtors across Africa – Udoma By Kenneth Jukpor Despite the hype surrounding the Nigerian Railway Corporation (NRC) after it generated N1.08 billion in the …

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CRFFN Elections: The State of Play

CRFFN Elections: The State of Play

The Minister of Transportation, Rotimi Amaechi and the entire leadership of the Ministry have been commended for the commitment to organize the upcoming Governing Council elections for the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN), a decision …

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NIMASA Takes CSR Initiative To Kaduna

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Excise Duties On Soft Drinks, Others: Why FG Should Rethink

Excise Duties On Soft Drinks, Others: Why FG Should Rethink

By Kenneth Jukpor The federal government’s efforts to expand its revenue generating sources is expected to lead to the re-introduction of excise duty on the production of soft drinks, plastic tiles, tissue paper, water and some other products in the …

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BEARS: Snake Attacks

FG To Collect Excise Duties On Soft Drinks, Tiles, Others

When the Customs Area Controller of Ogun II Command, Comptroller Saleh Bala itemized the challenges at the command last week, he noted the possible attacks by snakes that could find homes in the abandoned vehicles at the Command. Findings showed …

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BULLS: CBN unveils eNaira

BULLS: CBN unveils eNaira

The Central Bank of Nigeria (CBN) is set to launch eNaira also known as Central Bank Digital Currency (CBDC), as a digital version of naira. The launch is expected to take place in October 1st, 2021 in commemoration of the …

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How To Manage A Successful Tomato Export Business

How To Manage A Successful Tomato Export Business

Tomatoes are Africa’s most consumed fruit (or vegetable); eaten by millions of people across our continent. Both in its raw and processed forms, tomatoes are central to most African diets and remain a regular ingredient in many soups, stews, sauces …

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How FG Can Convert Illegal Refiners Into Gainful Entrepreneurs – Wachukwu

How FG Can Convert Illegal Refiners Into Gainful Entrepreneurs - Wachukwu

By Kenneth Jukpor Prof. Confidence Wachukwu is the Dean of the Faculty of Social Sciences at Rivers State University. He represented the Vice Chancellor of the university last week, in an event organized by the Chartered Institute of Environmental and …

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Oyo, Bauchi, Enugu govs’ defection underway, says Fani-Kayode on joining APC

Oyo, Bauchi, Enugu govs’ defection underway, says Fani-Kayode on joining APC

FORMER Minister of Aviation, Femi Fani-Kayode, on Thursday hinted at the possibility of the governors of Bauchi, Enugu and Oyo States dumping the Peoples Democratic Party and joining him in the All Progressives Congress. Fani-Kayode gave the hint while speaking …

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Firms imported 47,224.346MT of gas from US, Algeria in August – PPPRA

Firms imported 47,224.346MT of gas from US, Algeria in August – PPPRA

Of the 85,264.8 Metric Tonnes of Liquefied Petroleum Gas consumed in the country in August, 38,040.46MT were imported. The Petroleum Products Pricing Regulatory Agency stated in a statement made available to our correspondent on Thursday. The statement signed by its …

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IMF chief denies altering World Bank report to appease China

IMF chief denies altering World Bank report to appease China

IMF chief Kristalina Georgieva on Thursday disputed an independent investigation which found that in her previous job at the World Bank, she pressed staff to alter a report to avoid angering China. Based on the findings, the World Bank announced …

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Naira slumps further, exchanges for 570/$

Naira slumps further, exchanges for 570/$

The naira continued its downward trend after exchanging to the dollar for 570 on Thursday. A week earlier, the naira had traded to the dollar at the rate of 534. According to the official website of the Bureau de Change …

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Petrol, kerosene prices rose in August – NBS

Petrol, kerosene prices rose in August – NBS

Two reports from the National Bureau of Statistics have revealed that the prices of kerosene and Premium Motor Spirit, popularly known as petrol, increased year-on-year in August. The National Household Kerosene Price Watch report for August 2021 by the NBS …

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NIMASA seeks FDFA partnership to combat illegal fishing

NIMASA seeks FDFA partnership to combat illegal fishing

The Director General of the Nigerian Maritime Administration and Safety Agency, Dr Bashir Jamoh, has called for greater synergy between the agency and the Federal Department of Fisheries and Aquaculture to ensure safety of fishing vessels and their operators in …

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2023 presidency: We’ll give Jonathan chance to contest -APC

2023 presidency: We'll give Jonathan chance to contest -APC

The All Progressives Congress says former President Goodluck Jonathan will be given an opportunity to contest for the 2023 presidency if he joins the ruling party. The National Secretary, APC Caretaker, and Extra-ordinary Convention Planning Committee, John Akpanudoedehe, said this …

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