Obaseki, Shaibu crisis worsens are governor claims deputy manipulated youth council election because of governorship ambition

Governor Godwin Obaseki of Edo state, says Philip Shaibu, his deputy, manipulated the election of the National Youth Council of Nigeria (NYCN) in the state to further his governorship ambition. Speaking during the celebration of the International Youth Day in Benin city, Obaseki said Shaibu influenced the election to install the executive council (EXCO). The […]

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Chairman, NOVA Merchant Bank, Phillips Oduoza and Managing Director/CEO. Nath Ude

NOVA Merchant Bank Receives Shareholders Nod for Full Commercial Banking License

NOVA Merchant Bank has received approval from its shareholders to transition into commercial banking. The shareholders gave their unanimous approval during the company’s 6th Annual General Meeting in Lagos on Wednesday, where they agreed that the bank remains well-positioned to sustain and build upon its growth legacy. At the meeting, the company’s Board of Directors took […]

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IMF explains the role of US dollar in slowing economic growth in emerging economies

The appreciation of the US dollar is having an adverse effect on emerging market economies. The International Monetary Fund (IMF), explained the impact in a blog post. Emerging markets include Nigeria, Egypt, Iran, Pakistan, Russia, Saudi Arabia, Taiwan, Thailand, among others. In a blog post published on Wednesday, the Bretton Woods institution said the dollar’s […]

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