https://www.westafricanpilotnews.com/wp-content/uploads/2020/07/Femi-Falana-07-27-1280x720.jpg

BusinessNewsCentral Bank’s new cash withdrawal policy is illegal says human rights advocate, Femi Falana  

Beloved John (Staff Writer)December 13, 2022

Femi Falana, a human rights advocate, has described the new cash withdrawal policy introduced by the Central Bank of Nigeria (CBN) as illegal and null. Falana expressed his dissatisfaction in a statement on Monday The central bank had earlier disclosed that it has directed deposit money banks and other financial institutions to ensure that weekly over-the-counter cash withdrawals by individuals and corporate entities do not exceed N100,000 and N500,000, respectively. The policy is expected to...

CONTINUE READING
https://www.westafricanpilotnews.com/wp-content/uploads/2021/02/Nigerian-economy-1280x720.jpg

BusinessEconomyNewsNigeriaDigital Economy: “Nigeria Still has a Long way to go” – Geeksvillage founder

Ebuka Onyekwelu (Staff Writer)November 17, 2022

Digital economy has gained traction in the lexicon of Nigeria’s public office seekers, to the extent that many “youth empowerment” programmes of power seekers now contain some sort of activities relating to acquisition of digital skills, by the citizenry. But in reality, many of those with thriving digital footprints, set out on their own without any form of “empowerment”. This is the story of Geeksvillage, just like many other digital and tech solution providers in...

CONTINUE READING
https://www.westafricanpilotnews.com/wp-content/uploads/2020/05/AFDB-President-Adesina-Akinwumi-05-27-20-1280x720.jpg

AfricaBusinessNewsAfDB’s Akinwumi Adesina says Nigeria needs help with debt burden

Beloved John (Staff Writer)September 24, 2022

Nigeria needs help from the international community in tackling its debt burden according to Akinwumi Adesina, president of the African Development Bank (AfDB). He disclosed this Nigeria International Economic Partnership Forum in New York on Thursday. He stated that financing is critical to solving Nigeria’s development challenges. “Financing is critical because the debt to GDP ratio of Africa has increased to 70 percent — several countries are the risk of high debt distress due to...

CONTINUE READING
https://www.westafricanpilotnews.com/wp-content/uploads/2020/04/Dangote-Alihu-Covid-19-Donations-1280x720.jpg

BusinessNewsNigeriaAfrica’s Richest Man, Dangote Ranks 63rd On Bloomberg’s List Of Top 100 Billionaires

By Ezinwanne Onwuka (Senior Reporter)July 16, 2022

Chairman of Aliko Dangote Group, Aliko Dangote, is now the 63rd richest billionaire in the world, according to the latest ranking by Bloomberg. In the ranking released on Wednesday, July 13, the Chief Executive Officer of Tesla, Elon Musk, was listed as the richest billionaire in the world, as of Monday, July 11. The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. According to the financial, software, data, and media company...

CONTINUE READING

EconomyNewsNigeriaLatest Consumer Price Index Reports reveal Nigeria’s Inflation hits 16.47%

Beloved John (Staff Writer)February 16, 2021

The Consumer Price Index (CPI), which measures the increase in the price of goods and services, rose to 16.47 percent last month according to a report by the National Bureau of Statistics (NBS). The recent statistic is the highest since April 2017. The CPI/Inflation report shows that food inflation has also crossed the 20 percent mark. “The consumer price index, (CPI) which measures inflation increased by 16.47 percent (year-on-year) in January 2021. This is 0.71...

CONTINUE READING
https://www.westafricanpilotnews.com/wp-content/uploads/2020/03/Treasury-Sec-1280x720.jpg

NewsUnited StatesSenate, White House reach deal on $2 trillion stimulus package to lessen COVID-19’s economic impact

PilotnewsMarch 25, 2020

After five days of negotiations, Senate leaders and the Trump administration said early Wednesday morning they have reached a deal on a $2 trillion stimulus package to help relieve the economic impact of COVID-19. “Ladies and gentlemen, we are done. We have a deal,” White House legislative affairs director Eric Ueland told reporters around 1AM, according to the Washington Post. Senate Majority leader Mitch McConnell and Minority Leader Chuck Schumer, who negotiated with Ueland, Secretary...

CONTINUE READING

Newer Posts

Older Posts

WP2Social Auto Publish Powered By : XYZScripts.com