25 results
- 9 Aug 2022
Rewane, Financial Expert Claims Naira Overvalued by 200 Per Cent
Bismarck Rewane, managing director of Financial Derivatives Company Limited (FDC), said on Tuesday the Naira was over-valued by 200 percent. Bismarck Rewane, MD, FDC Rewane, known as Nigerian…
- 10 Jun 2024
Decline in Telecom Investment May Hurt other Sectors- Rewane
Mr Bismarck Rewane, managing director/CEO, Financial Derivatives Company Limited (FDC), has warned that the Nigeria’s telecommunications sector, is fast losing its spark, a situation that will…
- 8 May 2025
Tomato ‘Ebola’ May Disrupt Nigeria’s Agric Value Chain- Rewane
Bismarck Rewane, renowned economist and chief executive officer of the Financial Derivatives Company, has warned that the recent outbreak of the tomato leaf miner, commonly referred to as “Tomato…
- 9 Jan 2025
Bismarck, Economist Claims Planned Tariff Hike by Telcos Will Reduce Inflation
Bismarck Rewane, chief executive officer, Financial Derivatives, has said the proposed tariff hike by telecommunications will help reduce inflation in the country. Rewane made this statement on…
- 6 May 2024
Rewane, Financial Expert Backs Telcos’ Move to Hike Tariff
Bismarck Rewane, managing director/chief executive officer, Financial Derivatives Company Limited has backed telecommunication companies’ move to increase tariffs. Recall that telecom companies…
- 13 Jul 2026
Nigerians Accumulate $59Bn in Cryptocurrency Assets —FDC
Financial Derivatives Company (FDC) Limited, a premier economic think-tank and financial advisory firm, led by Bismarck Rewane, has reported that Nigerians have accumulated an estimated $59 billion…
- 5 Jan 2016
Banks, Govts Set to Retrench Staff
Deposit Money Banks (DMBs) and state government may soon commence massive staff retrenchment according to Mr. Bismarck Rewane, managing director, Financial Derivatives Company Limited (FDC), has…
- 16 Nov 2025
FG’s Fresh Loans: Experts Raise Alarm over Growing Debt
Many Nigerians have continued to raise concerns over the Federal Government’s borrowing spree in spite of claims that revenue generation has increased. The News Agency of Nigeria (NAN) reported that…
- 10 Jan 2025
Nigeria Has World’s Most Affordable Data Costs - GSMA
Nigeria has an average data cost of $0.38 per gigabyte, making her the most affordable countries globally and one of the cheapest in Africa for mobile data services. United States averages $6 per…
- 27 Aug 2014
Experts Extol Glo Xchange as a Boost to Nigerian Economy
Two of Nigeria’s foremost financial analysts have applauded Nigeria’s biggest Mobile Money Agent Network, Glo Xchange, recently launched by Globacom, the country’s national telecom carrier. Glo…
- 14 Sept 2009
Acamb Holds Conference / Retreat
The Association of Corporate Affairs Managers of Banks (Acamb) will hold its 2009 annual conference and retreat tagged “optimizing marketing communications in a global recession” on…
- 26 May 2021
NAFEX Signals Official Devaluation of Naira to N410/$
Central Bank of Nigeria (CBN) has devalued the naira to N410.25 to dollar- a move officially confirmed by the adoption of the Nigerian Autonomous Foreign Exchange Rate (NAFEX), also known as the…
- 10 Jun 2024
The Telecoms Sector on the Rise: The Opportunities and the Uncertainties
By Dr. Falade Muritala Adesola With more investments and higher expectations, the Nigerian telecoms sector has consistently contributed to the growth of the Nigerian economy. Dr. Falade Muritala…
- 13 Aug 2024
Telcos Make Case for Tariff Hike, Says Current Regime No Longer Sustainable
Stakeholders within the telecommunications sector, particularly Mobile Network Operators (MNOs), have highlighted challenges inhabiting and stunting the growth of the sector in Nigeria, with…
- 10 Sept 2018
FIRS, Customs Distance Selves from MTN Issue
Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service (NCS) have indicated that they would rather not get involved in the Federal Government’s current battle with MTN Nigeria. …
- 26 Aug 2013
Balogun, FCMB Boss Bags CIBN Fellowship
Chartered Institute of Bankers of Nigeria (CIBN) has as part of activities marking its 50th anniversary, conferred the fellowship of the institute, on Mr. Ladi Balogun, group managing director/chief…
- 4 Nov 2013
FG May Lose $12Bn to Oil Theft this Year
Revenue earned by Nigeria this year may be as much as $12 billion short of budget estimates as theft of crude and output disruptions persist in the oil-rich Niger River delta, according to Ngozi…
- 14 Apr 2014
FirstBank, Oyo Partner to Boost State’s Economy
First Bank of Nigeria is partnering Oyo State government for the planned economic summit, as part of its strategic initiatives to drive financial empowerment and contribute to the nation’s economic…
- 13 Oct 2014
Billionaire Pastors Running Nigeria's Megachurches
When a guesthouse belonging to one of Nigeria's leading Christian pastors collapsed last month, killing 115 mostly South African pilgrims, attention focussed on the multimillion-dollar "megachurches"…
- 15 Jul 2015
NNPC’s Withdrawal of $1.2Bn Triggers Panic in Banks
Nigerian National Petroleum Corporation (NNPC) has withdrawn $1.2 billion (N240 billion) from banks, triggering more dollar liquidity squeeze in the money market and causing the value of the naira to…
- 14 Oct 2015
US Considers Visa Ban, Financial Sanctions on Alison-Madueke, Others
United States government is reportedly considering imposing a visa ban or financial sanctions against Mrs. Diezani Alison-Madueke, ex-petroleum minister, and a dozen of her associates, government…
- 16 May 2016
Experts Say Naira Devaluation Inevitable
Financial experts have said that the Naira, which came under pressure last week following the partial deregulation of the downstream petroleum sub-sector, has to be devalued, with a flexible foreign…
- 17 Feb 2017
Naira Plummets to N516 as Dollar Scarcity Widens
The Naira appears to have entered a free fall mode with the local currency selling for 516 per United States dollar on the streets of Lagos on Thursday. This is coming as the Presidency, through the…
- 22 Apr 2018
UBA Celebrates Africa, Honors Staff at 2018 CEO Awards
It was a fun night of glamour and electrifying excitement as Pan African financial services group, United Bank for Africa (UBA) Plc once again gathered together a stunning audience from Across Africa…
- 17 Jun 2019
Analysts Fear Official Tyranny Following FG Tussles with MTN, DAAR, Others
Analysts are warning that, unless transparent due process is observed, the recent wave of enforcement involving Oando, MTN, and DAAR Communication may be construed as official tyranny, according to…