INTERVIEW: I inherited a tight monetary policy environment- Emefiele

Mr. Godwin Emefiele was appointed the governor of Central Bank of Nigeria in February 2014 to replace Lamido Sanusi at the twilight of President Goodluck Jonathan’s administration. As the economy slipped into recession in 2016, the apex bank boss found himself wedged between the rock and a hard place as he grappled with the challenge…

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Facebook to open Nigerian hub next year in African tech drive

Emeka Ejere || Facebook will open a “community hub space” in Nigeria next year to encourage software developers and technology entrepreneurs and become the latest technology giant to pursue a training programme in fast-growing Africa. The U.S. social media company said the centre would host an “incubator programme” to help develop technology start-ups, while it…

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Lawmakers react to Buhari’s 2018 budget presentation

Mixed reactions on Tuesday trailed the 2018 budget proposal of N8.6 trillion, shortly after it was presented by President Muhammadu Buhari before a Joint Session of the National Assembly in Abuja. Some lawmakers expressed satisfaction with the budget which has a nominal increase of 16 per cent above the 2017 budget estimate and tagged “Budget…