•Bismarck Rewane Managing Director and Chief Executive Officer of Financial Derivatives Company Limited, Bismarck Rewane, has criticised Nigeria’s economic structure, saying that it failed to harness its economic potential for six decades, blaming “suboptimality,” poor use of resources. He spoke yesterday during a Channels Television Independe...
•Bismarck Rewane and food stuffs This week witnessed a carnival of official economic figures, with the dominant data being the release of Gross Domestic Product (GDP), which the National Bureau of Statistics (NBS) said grew by 3.13%; and the interest rate, which the Central Bank of Nigeria (CBN) retained at 27.5% for the third consecutive [&he...
•Bismarck Rewane The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, said the concession of Nigeria’s major roads in deplorable condition would ultimately reduce inflation, increase productivity, and strengthen the nation’s wobbling currency, the Naira. The renowned economist stated this on Channels Television toda...
•Bismarck Rewane Renowned economist, Bismarck Rewane, says the 70% windfall tax imposed on banks is punitive and will deter investors. “Don’t forget that the corporate income tax is about 30%. So, this is a very punitive tax,” he said on Channels Television last night. “It discourages investors who say that if I lose money, I […]...
•Dangote (left) and Tinubu President Bola Tinubu today inaugurated the Presidential Economic Coordination Council (PECC) tasked with strategising a way out of the current economic situation in the country. The Council has a mix of government officials, top private sector players, and consultants including President of the Dangote Industries Li...
•Bismarck Rewane Renowned economist, Bismarck Rewane, says Nigerians are not interested in budgetary figures if the prices of basic commodities like rice, bread, and garri don’t go down. Rewane, the Managing Director of Financial Derivatives Company Limited, made this known today during a live appearance on Channels Television today. He said, ...
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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