THE DIASPORA HAS FIVE DAYS TOO

The NDC has opened a digital membership registration platform for Nigerians abroad. If you are an Obidient Movement member outside Nigeria, your five-day clock is running too. The Obidient Movement’s statement after the NDC defection explicitly included...

YOUR TRANSFER CHANGED ON THURSDAY

The CBN’s new IMTO directive came into force on May 1. Every operator routing money to Nigeria now has to route transfers through designated naira settlement accounts and benchmark rates using Bloomberg BMATCH. The reader sending money home this week is about to...

THE PRICE OF A HOLD

The Bank of England kept rates at 3.75% yesterday. That decision wasn’t made for you. But you’re paying for it. The Bank of England voted 8-1 on Wednesday to hold its benchmark rate at 3.75%. The one dissenting voice was Chief Economist Huw Pill....

TWO NAMES

Amaramiro Emmanuel and Ekpenyong Andre were killed in South Africa this week. Nigeria has responded with four demands. It’s happened before. So has the response. Abike Dabiri-Erewa put out a statement yesterday. The NIDCOM chairman didn’t hide her...

CLOSE YOUR SHOPS

Nigerian business owners in South Africa were told to close on Monday and Tuesday. Most of them did. Some didn’t have a choice. The xenophobic violence that has been building in South Africa since April 22 hit its planned peak over Freedom Day weekend....

NOWHERE TO GO

In the same weekend, Nigerians were accused of destroying Ghana and told to close their shops in South Africa. One government flew a minister in. The other sent an advisory. On Saturday morning in Accra, a group called the Concerned Youth Alliance held a protest at...