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By Ige Adekunle Sango-Ota (Ogun), June 4, 2021 A renowned financial expert, Dr Titus Okunrounmu, has called on the Federal Government to intensify efforts toward resuscitating the nation’s refineries to boost the economy. Okunrounmu, also a former Director, Budgeting Department of the Central Bank of Nigeria (CBN),
By Ige Adekunle Sango-Ota (Ogun), May 26,2021 The Manufacturers Association of Nigeria (MAN) has advised the Central Bank of Nigeria (CBN) to provide foreign exchange for manufacturers to boost their productivity. Dr Wale Adegbite, a former Chairman of MAN, Ogun Chapter, gave the advice in an interview with journalists
By Ige Adekunle Sango-Ota (Ogun), April 30, 2021 (NAN) Dr Titus Okunrounmu, a former Director, Budgeting Department, Central Bank of Nigeria (CBN), has commended the apex bank for reinstating Adesola Adeduntan as Managing Director of First Bank Nigeria PLC. Adeduntan said that the CBN decision would boost investorsâ confidence in First Bank Nigeria Plc. Naija247news reports that the CBN Governor, Mr Godwin Emefiele, had on Thursday in Abuja, announced the sack of the boards of First Bank Nigeria. He also directed the reinstatement of its former Managing Director/Chief Executive, Mr Ades...
Sango-Ota (Ogun), April 8, 2021 Dr Titus Okunrounmu, former Director, Budgeting Department, Central Bank of Nigeria (CBN), says Nigeria’s economy can grow by between seven per cent and 10 per cent annually if the necessary measures are put in place. Okunrounmu made the projection in an interview with the News Agency of Nigeria (NAN) on Thursday in Ota, Ogun. The former CBN director was reacting to the International Monetary Fund (IMF) projection that Nigeria economy would grow by 2.5 per cent in 2021. Recall that the IMF on Tuesday revised the projected growth of Nigeria’s economy in 202...
By Ige Adekunle Sango-Ota (Ogun), Feb.19, 2021 An economist, Prof. Evans Osabuohien, has said that the nation’s rising inflation can be easily controlled only if the Federal Government urgently provides adequate infrastructure to the productive sector of the economy. Osabuohien, also the Head of Economics Department, Covenant University, Ota, said this in an interview with newsmen on Friday in Ota, Ogun. The don was speaking against the backdrop of the National Bureau of Statistics’ (NBS) recent statement that the country’s inflation rate increased from 15.75 per cent in December 2020...