Nigeria’s N35trn debt profile unsustainable says NECA

Nigeria’s debt profile is worrisome and unsustainable for the economy, the Nigeria Employers Consultative Association (NECA) has said. According to Vanguard report, Timothy Olawale, NECA director-general, who stated this during…

Read More Nigeria’s N35trn debt profile unsustainable says NECA

Bitcoin crashes as China declares all cryptocurrency transactions illegal

The Chinese government on Friday intensified its crackdown on cryptocurrencies by declaring that all crypto-related transactions are “illegal”. Following the development,  Bitcoin fell by 5.49 percent to about $42,000, while…

Read More Bitcoin crashes as China declares all cryptocurrency transactions illegal

Former BP staff alleges oil contracts bribe used to fund Nigeria’s 2019 elections – Report

A former BP staff member, Jonathon Zarembok has alleged that bribery for oil contracts from Nigerian National Petroleum Corporation (NNPC) was used to fund the 2019 general elections. BP is…

Read More Former BP staff alleges oil contracts bribe used to fund Nigeria’s 2019 elections – Report