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Finance

N-Power: FG Pays N30, 000 Stipends

Posted: January 2, 2017 at 12:34 pm   /   Article, Finance

The Federal Government has commenced the payment of the N30, 000 monthly stipends for beneficiaries of the N-Power scheme -the job creation programme of the Buhari presidency. The N-Power programme is designed to engage the teeming and massive numbers of unemployed Nigerian graduates from tertiary institutions across the country. The Senior Special Assistant, Media and […]

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Fears as Nigeria Naira Weakens To N490/$, 590/£

Posted: December 29, 2016 at 1:53 pm   /   Article, Finance

The Naira, late Wednesday weakened to N490 to a dollar at the parallel market after appreciating to N485 to a dollar during the Christmas break. The Naira lost 5 points, representing a depreciation of 1.03 per cent, while the Pound Sterling and the Euro closed at N590 and 502, respectively. At the Bureau De Change […]

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Nigerians Groan as Africa’s Largest Economy Battles Recession

Posted: December 28, 2016 at 10:31 pm   /   Article, Finance

The Nigerian Government’s recent admission that Africa’s largest economy (going by the 2014 rebasing) is now in recession has turned out to be one rude shock many are finding difficult to accept. Only two years ago, Nigeria with a Gross Domestic Product of $578 billion a population estimated at 170 million, the largest market in sub-Saharan […]

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Understanding Financial Responsibility

Posted: December 26, 2016 at 3:07 am   /   Article, Finance

Adeoti Micheal in 2010 had serious money issues. He got a dream job, and then he lost the dream job. According to him, he made over N12, 000 per day for over 2 months before he got robbed. He traveled for French language immersion and then got himself another job. Hear him; “My living expenses […]

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