Stirring worship by Mercy Chinwo: Igwe


I stumbled on Mercy Chinwo yesterday when I read a compelling birthday message to her from the Prince of Praise; JoePraize. The simple story of an encounter years ago in Calabar prompted me to search for her music and I found a treasure in her latest single; “Igwe”. “Igwe” by ...

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Nigeria officially in recession

An enlightening synopsis of the Nigerian economy by Chidi Ileka, Head Transaction Banking, Union Bank of Nigeria Plc. Yesterday, the National Bureau of Statistics (NBS) released the Q2 GDP growth rate and July 2016 inflation. The second consecutive quarter of negative GDP growth shows Nigeria is officially in a recession. ...

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CBN’s big stick and the Naira


The Central Bank of Nigeria (CBN) wielded the big stick on Tuesday August 23, 2016 by suspending nine banks from the foreign exchange (forex) market for their failure to remit a total of $2.334 billion Nigerian National Petroleum Corporation (NNPC)/Nigerian Liquefied Natural Gas (NLNG) Company dollar deposits to the Federal Government’s ...

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Nigeria’s economy and way forward


An interesting read… Enjoy the thought provoking paper delivered by Chief M. K. Ajayi JP. (FNIM, FCIS, FCIDA, FICA, ACIPM) General Manager, Western Ports, Nigerian Ports Authority at the induction of new members of the Institute of Credit Administration on August 20, 2016 at Westwood Hotel, Ikoyi, Lagos. NIGERIA’S ECONOMY ...

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Forex crisis and Hezbollah rockets


You wonder what correlation there is between foreign exchange (forex) and Hezbollah rockets? …I’ll tell you a tale. A few days ago, I was in a business discussion with the Trade Manager of a manufacturing Company in Ikeja, Lagos. A fine Gentleman from Myanmar, given to dramatics, Jack would usually ...

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YALI Network Abuja’s Interactive Session


Young African Leaders Initiative (YALI) Network Abuja’s #YALIMEETS Interactive Session.   Saturday 16th July was a day that underlined the willingness of Nigerian youths to appropriate their sentiments with actions. The YALI Network which is a signature effort of the U.S government to help harness the next generation of African ...

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Be strong and very courageous


“Only be thou strong and very courageous…” Joshua 1:7 As I thought of the challenges in our world today and the fact that many are discouraged and afraid of what the future holds, I recalled this timeless instruction delivered to a man that was faced with a formidable task. God ...

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CBN and the flexible exchange rate system

Exchange Rate

After several months of grappling with the dwindling fortunes of the naira, the Central Bank of Nigeria (CBN) finally liberalised the foreign exchange (FX) market by the re-introduction of the flexible exchange rate inter-bank market. The move, which the CBN Governor stressed, is in line with the bank’s objectives of; ...

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Da Music thrills in “Follow Follow”

Follow Follow

The sensational Afro Gospel Artiste; Da Music thrills in “Follow Follow”, another compelling Pidgin English delivery. If you love creativity, then you’ll definitely enjoy “Follow Follow” and maybe will even be drawn to dance along. Dubbed “I Sabi who I be” after his dynamic debut single, Dennis Da Music has ...

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