There are strong indications that President Goodluck Jonathan may eventually yield to popular demand by reneging on an earlier endorsement to the proposed Naira restructuring by the Central Bank of Nigeria (CBN). Earlier in the month, CBN had announced a controversial restructuring of the Naira, headlined by the introduction of […]
World News
World Bank chief to speak on cash-less policy
The Head, Payment Systems Development Group, World Bank, Mr. Massimo Cirasino, is billed to visit Nigeria, in October, to speak at a conference on the cash-less policy of the Federal Government. A statement made available to our correspondent on Wednesday said Cirasino would be speaking alongside the Vice-President, Global Mobile […]
FG proposes N4.92tn budget for 2013
As the National Assembly expects the submission of the 2013 budget, the Federal Government is expected to present an aggregate expenditure of N4.92tn for the fiscal year. The proposal will be an increase of about N300bn, given that the aggregate expenditure for 2012 was N4.697tn. The details were contained in […]
