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Tag: money
Opinion: Money cannot buy credibility – A note to Sokoto politicians
by Usama Dandare If Money can buy the whole world, there is indeed one thing in it that no amount of money can buy, and that is credibility. The credibility…
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Nigerian Stock Market: Investors lose ‘N46bn in a few hours’
The ripple effects of the new foreign exchange regime started by the Central Bank of Nigeria (CBN) today has already spread to the Nigerian Stock Exchange (NSE) market. Stocks have…
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Opinion: The impact of the new monetary policy
By SBM Intelligence Two days ago, the Central Bank of Nigeria announced that it would be adopting a flexible exchange rate policy in the management of foreign exchange (FX). The…
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Kalu Aja: How best to budget (Y! Naira&Kobo)
So last week we learned about how to calculate out networth, i.e. what we are worth when we subtract our assets from our liabilities. This could be a negative of…
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Opinion: FG’s tubers of yam and 4 other things
By Simon Kolawole The naira has just been effectively devalued — so why are some people jubilating? The way economists, financial experts, bankers and analysts were celebrating on Wednesday would…
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It’s not compulsory for states to join National Feeding Programme – Presidency
The Presidency, on Tuesday, said that state governments are not mandated to key into the National Home-grown School Feeding programme. This was made known in a statement released by the…
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Chibok parents yet to receive N30m donation from Aisha Buhari
Advocates of the missing Chibok girls are not being accountable to the parents of the girls as some people are said to be making money off them, parents of the…
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Monthly allocation: Lagos received N178bn while Ekiti got N50bn in one year (Full List)
In the last one year, the thirty-six states and 774 local government councils in Nigeria shared N2.8 trillion from the federation account. The two tiers of government received the payment…
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Opinion: Defining the change Nigerians want
by Bryan Jetem Obaji Change for many people could mean different things whether positive or negative, depending on the way an individual sees it or is willing to relate with it.…
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‘Was I so poor before becoming governor?’ | Saraki tackles Sahara Reporters
Online news portal, Sahara Reporters, earlier on Sunday, reported that N300 million was stolen from the bedroom of Senate President Bukola Saraki and that his accountant and aide were arrested…
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Fraudsters requesting money for release of Chibok girls – Buhari
President Muhammadu Buhari has revealed that some fraudulent persons have been requesting for money from the Federal Government - to negotiate the release of the abducted Chibok girls. While stressing…
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‘There is no money to run government’ -Amaechi
The Minister of Transportation, Rotimi Amaechi, on Tuesday said that Nigerians are more interested in having money in thier pockets rather than the structural changes the Buhari administration is aiming…
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Morning Devotion: Eko No-show for Buhari, more missing money by NNPC, and Governor Fayose has had it with herdsmen
This morning, Joachim talks about Buhari's cancellation of planned trip to Lagos, the missing money by EFCC and Gov. Fayose's new hatred for Fulani herdsmen. Take a listen.
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N45m in compensation for family of electrocuted UNILAG student
Oluchi Anekwe was the 300-level student of Accounting in the University of Lagos, who was electrocuted by a live wire on the school premises. New development on the case reveals…
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Someone is stealing Davido’s money
We know it's really none of your business, but spare some humanity: someone has been stealing from dollar-millionaire singer, Davido. The HKN star hinted at this in a picture via…
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NYSC has ‘no money’ to mobilise corps members to camps
Thousands of prospective corps members gearing to begin their 3-week orientation camp on Friday, May 20, will have to wait a little longer. Reason being that the National Youth Service Corp…
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US to return $350 million to Nigeria
The US Secretary of State, John Kerry, has restated the commitment of the US government to return at least $350m stolen from Nigeria and stashed in the USA. Kerry stated…
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Power-pose: Davido and his father take one for the cameras
You have to be fascinated when there is so much affluence and influence in one photo Davido and his billionaire dad, Dr. Deji Adeleke posed for a photo which the HKN star…
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The CBN just issued a circular – and it tells ATM users what they already know
The Central Bank of Nigeria has issued a circular in regards to the use of Automated Teller Machines across the country. In a 48-paged document, the CBN stated the guidelines…
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More banks linked with Diezani’s $115 million to be investigated
The Central Bank of Nigeria has started investigating the banks indicted in the $115 million scandal anchored on former minister of petroleum, Allison Diezani. A statement by the Acting Director…
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Nigeria has ‘over N2.7trn in Treasury Single Account’
Federal government workers across the nation can hope to receive their monthly salaries early enough - due to a directive from President Muhammadu Buhari to the Office of the Accountant-General…
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#PanamaPapers: Dangote, Dantata linked to ’13 shell companies’
Africa's richest man has been linked to Mossack Fonseca, the law firm at the center of the massive Panama Papers leak. Panama-based law firm, Mossack Fonseca helped prominent global figures…
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‘Garba Shehu is using Boko Haram to score cheap political points’
Presidential spokesperson, Garba Shehu has been asked to focus his media propaganda on the unpleasant economic situation and general hardship the people of Nigeria are suffering rather than trying to…
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Lagos, Akwa Ibom, Rivers emerge big spenders in 2016 budget (Full List)
Lagos and Akwa Ibom states are set to be the highest spenders among Nigerian states in 2016, according to the budgets recently passed by the respective legislative arms of the…
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Lara Kudayisi-Emeralds: The 5 things that can make your relationship fail
With all due respect to the Legend "Diana Ross", Love isn't all that matters according to her song. It is easier to conclude that Love is all that matters when…
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Federal Allocation to Osun state can’t even pay electricity bills [DETAILS]
Osun state might just be facing its hardest financial month ever with the total Federal Allocation accrued to the state just a tad above N6 million. According to the document…
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Osinbajo, Buhari’s travel plans clash; costs Nigeria $250,000
In this harsh economic climate, Nigeria has reportedly lost about $250,000 due to the last minute cancellation of Vice President Yemi Osinbajo's proposed trip to India because of the incompetence…
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$321m Abacha loot to be returned to Nigeria
A delegation led by the Switzerland Minister of Foreign Affairs, Didier Burkhalter, are expected to have a meeting with Vice-President Yemi Osinbaj and the Nigerian Minister on Foreign AFfairs, Geoffrey…
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Opinion: Nigerians apathy and the result of ‘No Banking Day’
In September 2003, the National Association of Telecommunication Subscribers (NATCOM) and the Consumer Rights Project (CRP) spearheaded a campaign for Nigerians to switch off their mobile telephones in protest of…
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Northern governors to Shehu Sani: ‘You’re ignorant of the loan issue’
The Northern Governors have labeled the reaction of the Vice Chairman, Senate committee on Foreign and Domestic Debts, Senator Shehu Sani to the plan by the governors to get loans from Islamic…
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YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy