Business and Economy

Reno Omokri and Dele Momodu, two prominent members of the Peoples Democratic Party (PDP), have argued over Omokri’s endorsement of President Bola Tinubu’s All Progressives Congress (APC) administration. Momodu had bemoaned in an open letter to President . . .

President Hakainde Hichilema, in a move to address the government’s strategic focus on PPPs as a crucial tool for carrying out privately financed infrastructure projects and efficiently providing social services, met with the Public Private Partnership (PPP) Council. Two successful PPP initiatives were mentioned, the ongoing Lusaka-Ndola Road project and the recently finished Chingola-Kasumbalesa Road. […]

Speaking at an X-Space engagement with the Kenyan people, Kenyan President William Ruto told Newsmen that he yielded to the 2024 Finance Bill’s withdrawal because the people insisted they did not want it. He stated that the 2024 Finance Bill became marred by propaganda and . . .

Reading is a great way to gain insights and perspectives that can help you become a better and more successful person. Here are three books across different genres that can be quite impactful: 1. “Mindset: The New Psychology of Success” by Carol S. Dweck: This book explores the concept of mindset and how it can […]

Martins Azuwike In a move to combat the country’s soaring inflation, Nigeria’s Central Bank (CBN) has increased the nominal risk-free rate by 400bps. The Monetary Policy Committee after its 2-day meeting decided to increase the Monetary Policy Rate (MPR) to 22.75% from . . .

By Martins Azuwike The Centre for the Promotion of Private Enterprise (CPPE) has reviewed the outcome of the Monetary Policy Committee (MPC’s) meeting of 27th February 2024 and came up with a stern conclusion that it would hurt the real sector of the economy which is already contending with numerous macroeconomic challenges. Economist and CPPE’s Chief Executive Officer, Dr […]

Martins Azuwike To contribute to efforts at reducing current economic hardships in Nigeria, the Centre for the Promotion of Private Enterprise (CPPE)  has endorsed  the decision of the Central Bank of Nigeria (CBN) to approve the use of the exchange rate reflected on the import documentation (Form M) at the onset of import transaction. The Centre describes the move by the apex bank as […]

Barely 24 hours after slashing the rate, the Central Bank of Nigeria (CBN) on Saturday morning raised the exchange rate for computing Customs duties at the nation’s seaports by 1.4 per cent. Customs duties rate is now benchmarked against the exchange rate of the Naira to the dollar and therefore would be subject to constant […]

By Martins Azuwike Following the sudden demise of its Group Chief Executive Officer, Dr Herbert Wigwe in a chopper crash in California, US at the weekend, the Board of the Holding company, on Monday, announced