Commodity Market
ECONOMIC ANALYSIS OF THE NIGERIAN CURRENCY SWAP – BY OLADELE ABIGAIL
On the 3rd of May, 2018, the Central bank of Nigeria (CBN) and the People’s Bank of China (PBOC) finalized a bilateral currency swap agreement between both banks. The agreement is valid for three years and can be extended upon mutual consent. The deal will allow an amount of Fifteen Billion Renminbi/Chinese Yuan (CNY 15 ...SHOULD NIGERIA ADOPT THE ECO CURRENCY? – OLADELE ABIGAIL
SHOULD NIGERIA ADOPT THE ECO CURRENCY? Written by Oladele Abigail On the 28th of May, 1975, Head of states and presidents of fifteen different states in West Africa converged in Lagos, Nigeria to sign a treaty that established the Economic Community of West Africa States (ECOWAS). The fifteen nations include Benin Republic, Burkina Faso, Cape Verde, Cote d’ Ivoire, The Gambia, Ghana, ...COMMODITY MARKET UPDATE: FEDERAL GOVERNMENT SET TO INCREASE PUMP PRICE – OLADELE ABIGAIL
COMMODITY MARKET UPDATE! FEDERAL GOVERNMENT SET TO INCREASE PUMP PRICE. Early last week, the information about the Federal government approving an increase in the pump price of Premium Petrol Spirit (PMS) popularly known as petrol was all round social media platforms. Individuals, firms are concerned if this is true or not. In the last quarter ...ACCESS BANK AND DIAMOND BANK MERGER – OLADELE ABIGAIL
ACCESS BANK AND DIAMOND BANK MERGER. Access bank is one of the largest financial service provider, owned by the Access Bank Group. It received its licence from the Central Bank of Nigeria in 1989 and was listed on the Nigeria Stock Exchange in 1992. Diamond bank which also provides banking and financial services was founded ...COMMODITY MARKET UPDATE; WHEAT – OLADELE ABIGAIL
COMMODITY MARKET UPDATE; WHEAT Our commodity focus for last week is wheat. Wheat is one of the world’s most commonly consumed cereal grain. It is grown in almost every part of the world. Global demand for wheat has been on the increase side. The Food and Agriculture Organization in 2016 claimed Wheat to be the ...MINIMUM WAGE INCREMENT; A RIGHT OR NOT? – OLADELE ABIGAIL
MINIMUM WAGE INCREMENT; A RIGHT OR NOT? – OLADELE ABIGAIL The agitation of an upward review of the minimum wage is no longer a news to anyone. Most individuals feel it is a lawful demand considering the skyrocketed prices of goods and services and increase in the exchange rate of naira to dollars. To an ...
