As the National Bureau of Statistics (NBS) is set to release the January 2024 inflation report, this week, analysts at Financial Derivatives Company (FDC) have projected that inflation rate for January 2024 May hit the 30 percent mark. They also projected that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will [&h...
The International Monetary Fund, IMF, sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move “slightly” too late, Managing Director Kristalina Georgieva said yesterday. The US Federal Reserve, the European Central Bank (ECB) and others have held interest rates elevated in recent month...
•Peter Obi Amid the ongoing debate on what should be the right minimum wage that will be commensurate with the prevailing harsh economic realities the Nigerian workers currently grapple with in the country, the presidential candidate of the Labour Party in 2023 election, Peter Obi, has relayed how the free fall of the naira has […]
•Containers at Apapa port Five months after the Central Bank of Nigeria (CBN) floated the Naira, the Federal Government yesterday adjusted the Nigerian Customs Service (NCS) Exchange Rate calculations of import duties from N770.88/$ to N783.174/$. The changes were officially reflected on the NCS portal, just as stakeholders in the import and e...
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Professor Bolaji Owasanoye, has lamented the high prevalence of sexual harassment in Nigerian schools, especially tertiary institutions. Owasanoye spoke today, at a one-day sensitization workshop on sexual harassment for tertiary education instituti...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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