Submitted by AkinfeAyo on Wed, 01/01/2020 - 16:53
NIGERIANS living abroad are believed to have remitted a total of $25bn back to the country during the course of 2019 according to figures just released by the Nigeria Diaspora Commission chairperson Hon Abike Dabiri-Erewa.
Submitted by AkinfeAyo on Wed, 01/01/2020 - 16:29
FORMER Ekiti State governor Ayo Fayose has hit back at critics who have criticised him for enjoying a flambouyant Christmas holiday abroad while claiming he needed to travel overseas for medical treatment.
Submitted by AkinfeAyo on Wed, 01/01/2020 - 15:41
CONTROVERSIAL monarch the Oluwo of Iwo has placed a curse on anyone that blames him for recently separating from his Canadian-Jamaican queen Chanel Chin who he broke up with on December 15 last year.
Submitted by AkinfeAyo on Wed, 01/01/2020 - 14:43
GERMAN automobile giant Volkswagen has ended the production of its iconic vehicle the Beetle in a move that could have a significant impact on the Nigerian car market as it is the country's work horse.
Submitted by AkinfeAyo on Wed, 01/01/2020 - 13:03
STRUGGLING English Premier League side Arsenal have turned their attention to Super Eagles midfielder Joe Aribo with a view to signing him from Glasgow Rangers during the January transfer window.
Submitted by AkinfeAyo on Wed, 01/01/2020 - 11:52

By Ayo Akinfe
(1) Happy new year everyone. Welcome to 2020, the year Nigeria turns 60. Our collective goal should be to make it a turning point for our beloved nation
(2) Let me lighten your day up with some mouth-watering data. Do you know that the global footwear industry was worth $290bn in 2019?
(3) By 2024, this is set to rise to $330bn as more shoes get sold worldwide
Submitted by AkinfeAyo on Tue, 12/31/2019 - 14:35

By Ayo Akinfe
(1) Originally launched by the regime of General Sani Abacha, Vision 2020 was a great concept. It sought to make Nigeria one of the 20 largest economies in the world, able to consolidate its leadership role in Africa and establish itself as a significant player in the global economic and political arena
Submitted by AkinfeAyo on Mon, 12/30/2019 - 11:39

By Ayo Akinfe
Can someone please explain to me why we should not meet these targets?
(1) Steel - 10m tonnes
(2) Cocoa - 1.5m tonnes
(3) Natural gas - 100m cubic metres
(4) Rice - 10m tonnes
(5) Distributed electricity - 20,000MW
(6) Tarred roads - 200,000km
(7) Assembled automobiles - 500,000 units
(8) Bitumen - 10m tonnes
(9) Palm oil - 20m tonnes
(10) Clean energy - 5,000MW
Submitted by AkinfeAyo on Sun, 12/29/2019 - 11:52

By Ayo Akinfe
[1] As we all remember, in 2004, the then finance minister Ngozi Okonjo-Iweala introduced a bank consolidation exercise during which the Central Bank of Nigeria (CBN) increased the minimum capital requirement base of banks to N25bn ($70m) from N5bn. This policy was introduced due to the challenges which plagued the banks including low capital bases, liquidity and poor asset quality. As a result, Nigerian banks were consequently forced to merge
Submitted by AkinfeAyo on Sat, 12/28/2019 - 15:10
GOVERNOR Abdulrahman Abdulrazaq of Kwara State has announced plans to build a secretariat on the piece of land in Ilorin reclaimed from one of his predecessors the former senate president Senator Bukola Saraki.
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