Submitted by AkinfeAyo on Wed, 01/13/2021 - 17:14
NIGERIA'S balance of trade deficit looks set to get significantly worse this year as the country is poised to import used cars and motorcycles valued at a total of N3trn ($7.83bn) in 2021 which is certain to create serious foreign exchange problems.
Submitted by AkinfeAyo on Wed, 01/13/2021 - 16:34
NIGERIA's federal government is planning to borrow an extra N5.6trn ($14.6bn) during the course of this year to help fund the 2021 budget as the economic meltdown precipitated by the coronavirus pandemic has made it impossible to raise the N13.59 ($35.4bn) budgeted.
Submitted by AkinfeAyo on Wed, 01/13/2021 - 04:33
Ayo Akinfe
(1) I for one am dead scared about Nigeria’s economic prospects in 2021. We are simply not going to sell the quantities of crude oil required at the needed prices for the government to afford any new capital projects
Submitted by AkinfeAyo on Tue, 01/12/2021 - 17:45
NIGERIAN construction firm AIC has won a legal battle against the Federal Aviation Authority of Nigeria (Faan) in a British high court enabling it to pursue compensation over a $48m hotel dispute at the Murtala Mohammed International Airport in Lagos.
Submitted by AkinfeAyo on Tue, 01/12/2021 - 17:03
NIGERIA Immigration Service (NIS) officials have been accused of seizing a passengers passport at the Murtala Mohammed International Airport in Lagos simply because she asked them to wear facemasks before interacting with her.
Submitted by AkinfeAyo on Tue, 01/12/2021 - 16:34
EMIRATE Airlines has been ordered to pay compensation of $1.63m to Nigerian businessman Orji Ikem by a Lagos federal high court after it was found guilty of losing his luggage which contained the amount during a trip to China in 2007.
Submitted by AkinfeAyo on Tue, 01/12/2021 - 14:57
NIGERIANS travelling into the UK will now face severe restrictions after the British government introduced a series of stringent measures aimed at controlling the spread of the Covid-19 virus.
Submitted by AkinfeAyo on Tue, 01/12/2021 - 12:41
WEST Bromwich Albion (WBA) manager Sam Allardyce is hoping to bring Nigerian striker Josh Maja to the club before the close of the January transfer window in a desperate bid to add firepower to his team and avoid relegation.
Submitted by AkinfeAyo on Tue, 01/12/2021 - 11:59
Ayo Akinfe
(1) Get the APC and PDP to both agree to field presidential elections of Igbo extraction come the 2023 polls
(2) Establish the Ogbunigwe Industrial Bank that will offer interest-free loans to traders looking to make the switch to manufacturers from retailers. At the moment, too many Igbos are importers and distributors and need to make the transition to being producers
Submitted by AkinfeAyo on Mon, 01/11/2021 - 14:27
NIGERIA plans to bounce back from the losses suffered by its aviation industry during the course of this year as a result of the coronavirus pandemic by reviving plans to launch the proposed national carrier Nigeria Air.
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