“All customers who deposited their Naira notes, those depositing and those who would be depositing are eagerly waiting for December 15. The DMBs are also waiting for the said date. Meanwhile, there is a cashless policy waiting to hit all Nigerians by January 2023” PEGASUS REPORTERS, LAGOS | NOVEMBER 11, 2022 The announcement by the Central Bank of Nigeria, ...
Read More »Tag Archives: Business & Economy
Economy: Sanwo-Olu Gets Concession Documents For Badagry Deep Seaport As Lagos Economic Summit Ends
“We are excited that Lagos is on the way to having another deep seaport on the Western side of the city. Before the end of this year, we will be commissioning the Lekki Deep Seaport on the Eastern side” PEGASUS REPORTERS, LAGOS | OCTOBER 14, 2022 As the Lagos State Economic Summit (Ehingbeti 2022) came to a close, State ...
Read More »Economy: RMAFC Probes Into Revenue Collections In Mining Sector
“Sa’idu said Nigeria has over 300 mineral resources available in commercial quantities hence the need to diversify the economic base by shifting attention from the mono cultural commodity. And government revenue inflows will surely be boosted if this sector is vigorously harnessed” PEGASUS REPORTERS, LAGOS | SEPTEMBER 16, 2022 The Revenue Mobilisation and Fiscal Commission (RMAFC) says it is ...
Read More »ECONOMY: Nigeria Tops Africa’s Crypto Market Despite Bank Trading Ban
“Unsurprisingly, when it comes to “the number of persons searching for ‘bitcoin’ and blockchain’ terms on Google,’ Nigeria tops the list of African countries. Another study suggests Nigeria is the world’s most crypto-obsessed nation” PEGASUS REPORTERS, LAGOS | SEPTEMBER 4, 2023 Nigeria has again topped the African crypto market as the country with the highest rates of cryptocurrency adoption ...
Read More »Cryptocurrency Market: CEO Sam Bankman-Fried Asks For Calm as Bitcoin Drops Below $20,ooo!
“The market is taking a breather after the falls. There are still systemic issues as people prop up various dominoes from triggering knock-on effects” PEGASUS REPORTERS, LAGOS | JULY 31, 2022 Traders in the cryptocurrency market know that it is an unpredictable and volatile, trade and must keep a close watch on their investments. An interesting aspect of cryptocurrencies ...
Read More »Godwin Emefiele Revealed As Owner Of Titan Trust Bank & The Questionable Acquisition Of Union Bank
“Clearly, the fact that Titan Trust Bank, a small bank with only two bank branches in Lagos, can almost effortlessly swallow up Union Bank, a 104-year-old bank, in a transaction valued in the region of about $1 billion dollars or above, defies common sense and suggests a case of “the hand of Esau, but the voice of Jacob” PEGASUS ...
Read More »BUSINESS & ECONOMY: FG Concessions Operations Of Customs to Chinese, Nigerian Company For 20 Years.
“The agreement was facilitated and midwifed by the Infrastructure Concession Regulatory Commission (ICRC). The concessionaires, under the agreement, will drive the modernisation project for 20 years. The concessionaires are expected to invest the sum of $3.2 billion dollars with an estimated income of $176 billion generated for the Federal Government in 20 years.” PEGASUS REPORTERS, LAGOS | MAY 6, ...
Read More »Business & Economy: Calling Stakeholders In The Cosmetics & Beauty Products Industry (Video)
Repositioning The Cosmetics & Beauty Products Industry For the African Continental Free Trade and Beyond. Kindly click to register: https://minceltd.com/town-hall-meeting/ PEGASUS REPORTERS, LAGOS | MAY 10, 2022 What’s your view? Tell us you were here by replying to this story in the comment section below. You can share it, too. Pegasus Reporters: making news that reaches your audience | ...
Read More »Business & Economy: Calling Producers and Stakeholders In The Cosmetics & Beauty Products Industry
It’s time to position the cosmetics and beauty products industry for the African continental free trade and beyond. PEGASUS REPORTERS, LAGOS | MAY 10, 2022 Stakeholders are enjoined to come together in the town hall and break the barriers of finance, quality, raw materials sourcing, certifications, local sales and distribution to Export. We are set for the challenge and ...
Read More »Pensioners Cry Out Against Pension Fund Manipulations: “Allow Us To Withdraw Our Savings If We Wish”
PENSION FUND ADMINISTRATORS ARE EXPLOITING US!!! All of us will get old one day…in a few years to come, it will be your turn! The current pension manipulations should be stopped by Nigerians now! PEGASUS REPORTERS, LAGOS | APRIL 11, 2022 I was very happy when the Senate recently made a move to amend the Pensions Act to enable ...
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