Giving Credit to Whom It is Due By Tope Bankole and Uzoma Ngozi On July 26, the media was awash with news of the commissioning of the Abuja-Kaduna railway project. The news elicited a tweet from the PDP via their official twitter handle. This eventually sparked off a controversy on who should actually take the credit for the completion …
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PwC seeks change of tactics for Oil & Gas industry in Africa
PwC seeks change of tactics for Oil & Gas industry in Africa The decline in the global oil price has led to a reduced level of activity across the African continent and had an impact on countries that traditionally depend on oil & gas revenue, a new report put together by PwC has said. It explained that despite the bleak …
Read More »Manufacturers to get 60% forex
Manufacturers to get 60% forex Perturbed by the continued dwindling fortune in the domestic economy, the Central Bank of Nigeria (CBN) has directed Authorised Dealers (banks) to allocate 60 per cent of their Foreign Exchange, (forex) purchases from all sources (interbank inclusive) to manufacturers and 40 per cent to other users for the purpose of trade and other obligations. In …
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