Author: Olabanji Ayoola

Forex Domiciliary accounts and remittances have emerged as twin touchy issues in the management of Nigeria’s foreign exchange market (forex). And for many years, the obvious gray areas in the administration of both have left wide holes for the International Money Transfer Operators (IMTOs) and money deposit banks (MDBs) to exploit. The rules were as […]

Fresh Demands: Release of all detained protesters Defreezing of accounts by CBN Police are set for a showdown with youths over the second phase of the #EndSARS protests. The protests are billed to begin on Monday in Lagos, Abuja, Port Harcourt and other cities. There was anxiety as various police commands yesterday warned against such […]

Founder, Afe Babalola University, Ado-Ekiti, Aare Afe Babalola (SAN), has said devolution of power is the fastest way to surmount myriads of challenges facing the country. He spoke Sunday on ABUAD farm during the award of N30 million grant to 115 youths in this year’s Youth Employment in Agri-Business and Sustainable Agriculture (YEASA) in partnership […]

The Federal Government will assist 330,000 artisans and transporters under its Micro Small and Medium Enterprises (MSME) Survival Fund. The government launched the scheme recently as part of the Economic Sustainability Plan (ESP), packaged to cushion the adverse effects of COVID-19 pandemic on the citizens. A statement by the Senior Special Assistant to the President […]

Economy ticket hits N75, 000; N121, 000 $200m fund stuck ‘Blame govt, not airlines’ One of the most expensive pricing regimes in local airfares may be upon the aviation industry, as ticket rates have more than doubled in a week. The spike, which operators blamed on an exchange rate that hit N500 to $1 at […]

Ex president urges Obas to respect Governors swears in new exco for Owu people Ooni commends ex president as Nigeria’s unification factor Former President Olusegun Okikiola Obasanjo, foremost traditional Owu war general, being welcomed by the Chairman, Supreme Council of Owu Obas and the Olowu of Kuta, Oba Adekunle Makama Oyelude, Tegbosun the Third, to Kuta, […]

Founder of Afe Babalola University, Ado Ekiti, Aare Afe Babalola, has said Nigeria needs a new constitution to solve the imbalance, poverty, and other myriads of problems confronting the nation. He said the new document, which he called “the constitution of the people,” would, among other things, encourage emergence of transformational leaders who would develop […]