DreamMakers Real Estate MD, Ejieh Paradise Advises Parents to Buy Land Today to Secure their Kids’ Future & Family Wealth
DreamMakers Real Estate, under the visionary leadership of Managing Director Ejieh Paradise, urges parents to consider investing in landed properties today to safeguard the financial security of their children and family wealth. With compelling statistics indicating robust growth in the Nigerian real estate market, now is the opportune time to capitalize on this expanding sector. According to Statista, intensive & extensive...
Nigeria’s Trade Deficit Widens in Q4’23 Despite Export Increase
The National Bureau of Statistics (NBS) has released its Trade Balance Report for the fourth quarter of 2023 (Q4'23), revealing a trade deficit of N1.4 trillion. While this might seem concerning, the report also highlights a positive trend: a significant increase in the value of exports compared to the previous quarter. Exports on the Rise, But Not Enough to Outpace...
CBN Shifts Gears: Collaboration and Transparency Take Center Stage in Future Interventions
The Central Bank of Nigeria (CBN) is embracing a new wave of transparency and collaboration, as evident from Governor Dr. Olayemi Cardoso's recent interview with Arise TV. This move has received applause from asset management giant United Capital Group, who view it as a "prudent and forward-thinking approach." Here's what this shift entails: Stakeholder Power: Say goodbye to solo decisions at...
Tragedy in the Sky: Access Holdings CEO Herbert Wigwe Dies in Helicopter Crash
The Nigerian business community awoke to tragic news on Sunday, as Access Holdings Plc officially confirmed the death of its founding CEO, Dr. Herbert Wigwe, his wife, and son in a helicopter crash on Friday, February 9th, 2024, in the United States. In a statement, the company's secretary, Sunday Ekwochi, expressed the profound grief of the entire Access Family. Wigwe,...
Elephants Emerge Triumphant: Ivory Coast Clinch Third AFCON Title with Dramatic Comeback Over Nigeria!
The drama unfolded under the Abidjan sky as the Elephants of Ivory Coast clawed their way back from the brink to conquer the 2023 Africa Cup of Nations. In a thrilling final against the favored Super Eagles of Nigeria, Côte d'Ivoire delivered a stunning 2-1 victory, etching their name onto the trophy for the third time in history. Nigeria, spurred...
Naira Dips Despite Strong Dollar Sales By Banks, Market Awaits CBN’s Next Move
The Nigerian naira experienced a slight depreciation against the dollar on Tuesday, despite significant dollar sales by banks. Analysts remain cautiously optimistic, anticipating a continued market response to the Central Bank of Nigeria's (CBN) recent measures. Key Points: Naira closed at N1,433.89/$ on Tuesday, a 0.98% decline from N1,419.86/$ on Monday. Banks sold $465.29 million, 20.39% lower than Monday's 584.53 million. ∗ParallelmarketratealsodepreciatedtoN1,480/, 2.70% weaker than N1,440/$1. CBN...
Nigeria Soar into AFCON Final on Nwabali’s Heroics!
Super Eagles goalkeeper Stanley Nwabali emerged as the hero of the night, denying two penalties in a heart-stopping shootout as Nigeria booked their place in the Africa Cup of Nations final with a 4-2 win over South Africa on Wednesday. Following a 1-1 draw after extra time, Nwabali stepped up to the plate, saving crucial spot-kicks from Teboho Mokoena and...
Super Eagles Soar: Odegbami Predicts Nigeria-Ivory Coast AFCON Final Showdown!
Nigeria legend Dr. Olusegun Odegbami, fondly known as "The Mathematical", has once again stirred the pot, confidently predicting a Nigeria vs. Ivory Coast final for the 34th Africa Cup of Nations (AFCON). With the Super Eagles poised to face South Africa in the first semi-final on Wednesday, and Ivory Coast taking on DR Congo in the second, Odegbami's bold claim...
Equatorial Guinea’s AFCON Hopes Dashed by Bayo’s 98th-Minute Header for Guinea
The Africa Cup of Nations threw up another dramatic twist on Sunday evening as Guinea snatched a last-gasp 1-0 victory over 10-man Equatorial Guinea in a pulsating encounter. First Half Frustration: The opening half was a tale of frustration for both teams. Despite aggressive play, neither side managed a single shot on target, while Guinea's Julian Jeanvier picked up a yellow...
Nigeria Pumps Up Tires: Rubber Industry Revival Eyes Global Market Share and AFCFTA Boom
Nigeria's rubber industry is set for a comeback, powered by government commitment and a major international summit. The Federal Government has vowed to resuscitate the sector, aiming to tap into the booming global demand for sustainable rubber and carve out a significant share of the market. This push aligns with President Buhari's Eight Point Agenda for diversifying the economy...
