Other News

Inflation Slowed Down In August, Now 17.6%
Policy

Inflation Slowed Down In August, Now 17.6%

Latest data from the National Bureau of Statistics, NBS shows that Nigeria’s inflation rate is slowing down. According to the latest data, inflation increased by 1.0% in August compared to July increment of 1.3%. The NBS now puts August inflation at 17.6%. This is still a source of concern, considering […]

Interest Rate: What To Expect At The MPC Meeting
Policy

Interest Rate: What To Expect At The MPC Meeting

The all-awaited monetary policy committee, MPC meeting is set to hold. The CBN will convene a usual session between next Monday and Tuesday to  determine if the apex bank will increase or hold interest rate. It would be recalled that the CBN had in its last month MPC meeting increased interest […]

Abba Kyari Joins Equity Assurance
Big Business

Abba Kyari Joins Equity Assurance

The management of Equity Assurance Plc has announced the appointment of Abba Kyari as an Independent Director on its board. Abba Kyari is apparently the Chief of Staff to President Muhammadu Buhari will ‘He brings on board his wealth of experience from some leading companies and multinationals’ the company said […]

Is MMM Zimbabwe Finally Gone?
Scams

Is MMM Zimbabwe Finally Gone?

MMM Zimbabwe might be finally gone for good. A week after MMM Zimbabwe stopped withdrawals by old members and also slashing the value of Mavro, the Ponzi currency that determines the value of invested funds, by 80% the ‘company’ has failed to make good its promise to release its hold […]