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Wednesday, 22 February 2017 15:31

The civil servant in recession and inflation

One is put at the gage trying to comprehend how civil servants are coping up with life under recession and high inflation. Today, there are public servants whose monthly salaries are less than N25,000. That is US$50 if a dollar is equated to N500. This is not to talk of the state government workers who get far less than that. One is, therefore
Published in Columnist
Saturday, 20 August 2016 10:02

Naira plummets more against dollar

The Nigerian currency, Naira, on Friday suffered further loss against the dollar at the parallel market as it lost one point to the US currency, the News Agency of Nigeria (NAN) reports.The naira exchanged at N395 to the dollar from N394 it posted on Thursday, while it traded at N505 and N442 to the Pound Sterling and the Euro
Published in Business
Saturday, 23 July 2016 10:47

Naira crash to all time low of 350/USD

The sharp and steady depreciation of the Naira at the inter-bank foreign exchange market in the last one week has forced the Central Bank of Nigeria, CBN, to intervene to stem the slide.The apex bank was said to have offered about USD5.0 million each to dealers on Friday amidst scarcity of foreign currency which had persisted since last week
Published in News Update
The currency of a nation is a vanguard bulwark and safeguard to the wealth of a nation. Nigeria’s naira holds the intrinsic and inclusive value to country’s GDP and wellbeing. A deteriorated and weaken naira invites aggressive currency speculators to devour the wealth of a nation. Naira value must be aggressively protected because a
Published in Columnist
Guaranty Trust Bank Plc has added another first to its community of innovative service to its customers, and the general public. The bank, in its bid to maintain its pole position in Nigeria’s banking industry, has launched another innovative mobile channel which enables GTBank customers conveniently perform third party transfers to both GTBank
Published in Business
Corruption: Synonyms - Sleaze, dishonesty, exploitation, bribery, fraud, venality, vice.Many of us think we know what corruption looks or is like – a state governor dipping his dirty fingers in the treasury and amassing ill-gotten wealth; an illicit deal carried out by politician; a government official or civil servant taking a cut in a deal
Published in Opinion
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