C’Lawrence feels concerned that the CBN’s new minimum capital requirement is driving Nigerian Banks to significant exposure to Dollarized obligations and hard currency costs

And Goes: “This desperation to raise capital from international markets to meet Central Bank’s new minimum capital requirements may be pushing these banks towards FX risk buildup that could significantly weaken them in the future.  Read More

15/04/2024

 By C’Lawrence

38

C’Lawrence while outside the country, switched his sim to another phone, then answers a business call from an unnamed number, and later checks the Truecaller ID

And Goes: “This guy again, he never buys a thing.  And I’m roaming now. Read More

06/11/2023

 By C’Lawrence

65

C’Lawrence has some work to do with his PC, but feeling sleepy after eating

And Goes: “It seems I ate a little more than I should, as someone that has PC work to do. Will be shewing some gum to  Read More

22/10/2023

By C’Lawrence

96

C’Lawrence learns in the news that Central Bank of Nigeria, CBN has lifted fx ban on the 43 items it formerly made ineligible for official forex

And Goes: “I believe it’s in line with the CBN’s rate unification goal, as it could reduce the pressure on the parallel market. This should move much of the forex demand for the 43 items to the investors and exporters window, if well managed with the needed increment of Forex supply to the window. Read More

18/10/2023

 By C’Lawrence

89

C’Lawrence Watches on Bloomberg TV That Chevron CEO Sees Crude Oil Rising To USD100 Per Barrel

Photo Credit: Facebook

And Goes: “That would be the elastic limit test for Nigeria’s fuel subsidy removal, especially as Naira continues to struggle against the Dollar. 

Read More
18/09/2023

 By C’Lawrence

24

Profile Limelight Beams On C’Lawrence Of Africa

And Goes: “Chikwado Lawrence Ezennia, better know as C’Lawrence of Africa is an African businessman, reality blogger and sustainability promoter. Born on the 29th of March, 1986 in Amadiaba Ihitenansa, Orsu LGA, Imo State, Nigeria. Read More

04/09/2023

 By C’Lawrence

86

C’Lawrence Delivers His Newest Roofing Project In Accra, Ghana

And Goes: ” Roofing masterpiece as usually delivered by GRDC Roofing. Call us for your roofing in Ghana using Eurotiles stone coated roofing sheet on +233257591096 or in Nigeria using Metrotiles on +2347065925547 Read More

02/07/2023

 By C’Lawrence

78

C’Lawrence Delivers The Roofing Woodwork For His Newest Roofing Project In Accra, Ghana

And Goes: ” Classy and delivered by the GRDC Team. Call us for your roofing in Ghana using Eurotiles on +233257591096 or in Nigeria using Metrotiles on +2347065925547 Read More

29/06/2023

 By C’Lawrence

55

The Governor Of Rivers State Nigeria H. E Sir Siminalayi Fubara Observes That Oil And Gas Free Zone Onne Is Not Contributing To The Welfare Of The State

And Goes:  “… we are only remembered when there is a need to explore Rivers State. We have to sit down and look at things properly, Read More

22/06/2023

 By C’Lawrence

36

Afreximbank President, Professor Benedict Oramah Addresses Attendees At 30th Anual Meetings Of The Bank In Accra, Ghana

And Goes:  “… (Pan-African Payment Settlement System, PAPSS) will also expedite and enable payments for intra-african trade in African currencies. Read More

21/06/2023

 By C’Lawrence

16

The New Unification Of Forex Windows In Nigeria Effectively Devalues The Naira, C’Lawrence Observes

And Goes:  “All foreign inputs to manufacturing in Nigeria has now become way more costly for companies that used to access Dollar on the I&E window. Read More

16/06/2023

 By C’Lawrence

23

User Reality: Chidoh Makes His First Few Millions of Naira, Which He Planned To Buy A Car With, But Changes His Mind After Making The Money

And Goes:  “I have nothing to my name. Less than two years ago, I was still sharing a room with other people. I will rather buy a land, stock goods in my business and keep an ’emergency million’ in the bank. Read More

15/06/2023

 By C’Lawrence

157

News Has It That Central Bank Of Nigeria Is Floating I&E FX Window, And C’Lawrence Looks At The Other Side Of The Much Needed Change

And Goes:  “Now that crude swap is ending and NNPCL has to buy Dollar at market rates, expect even higher prices of fuel and  Read More

14/06/2023

 By C’Lawrence

24

Prices Of Chinese Goods In Africa May Go Lower As Chinese Unemployment Rises And Wages Stagnate

Details:  As demand falls in China as a result of low job security and rising unemployment, Chinese manufacturers may have to reduce prices to sell more goods in Africa, to make up for slowing domestic demand. Read More

12/06/2023

 By C’Lawrence

27

Create Reality: BullSeaker Learns on Bloomberg TV That UBS Has Completed The Takeover Of Troubled Credit Suisse

And Goes:  “Oh dear, how the mighty has been eaten.  Read More

12/06/2023

 By C’Lawrence

12

News Has It That The Central Bank Of Nigeria Governor, Mr Godwin Emefiele Has Been Suspended By The President

And Goes:  “Replaced by the Deputy Governor, Mr Folashodun Adebisi Shonubi on acting capacity. Read More

10/06/2023

 By C’Lawrence

4

C’Lawrence Discovers A 2014 Stanford Study That Found That Walking Increases Creativity

And Goes:  “So, something like, if you have a target that defies regular strategies, you give it a walk Read More

08/06/2023

 By C’Lawrence

37

C’Lawrence Learns That NNPCL Owns 20% Stake In Dangote Oil Refinery

https://www.freepik.com/free-photo/modern-factory-industrial-zone-blue-sky_8857892.htm#query=oil%20refinery&position=2&from_view=search&track=ais

And Goes:  “Looks like a promising model for public private partnership in Africa. Substantial enough to protect public interest, but less majority enough to empower sustainability over bureaucracy. Read More

07/06/2023

 By C’Lawrence

29

While It’s Raining, C’Lawrence Closes A Deal For 1000+ Eurotiles Stone Coated Roofing Tiles

And Goes:  “Red Bond Eurotiles stone coated roofing tiles. Made in New Zealand. Top antifade quality. Read More

06/06/2023

 By C’Lawrence

28

C’Lawrence Starts A New Roofing Project In Accra, Ghana Today

And Goes:  “The carpenters are starting with wood treatment today. Actual woodwork will start by Monday. Read More

03/06/2023

 By C’Lawrence

16

C’Lawrence Struggles To Understand The Effectiveness Of Policy Rate Increment As A Tool To Combat Inflation In Import-dependent Economies

And Goes: “In a time of strong Dollar, what really is in the tools bag of an import-heavy economy’s central bank that could work against Imported inflation? Read More

02/06/2023

 By C’Lawrence

14

C’Lawrence Reads In The News That NNPC Is Banking On Imported Fuel Competition To Drive Down Prices

And Goes:  “Fuels that pass through Dollar no longer acceptable as reliable means of fulfilling Nigeria’s energy needs. If Nigerians must go through this subsidy removal and it’s resultant higher prices, it must be with a pragmatic roadmap to improve local refining and strengthen the Naira. Read More

02/06/2023

 By C’Lawrence

18

C’Lawrence Takes A Short Break From Work To Go Grab Some Ghanian Street Food

And Goes:  “The way it’s hot goes well with today’s weather. Read More

01/06/2023

 By C’Lawrence

39

C’Lawrence Works From Home While Waiting For Rain To Subside

And Goes:  “I already designed my living space for this by having samples in place. Read More

01/06/2023

 By C’Lawrence

18

Jonathan Removed Fuel Subsidy During Holiday + Buhari Stylishly Stopped Providing For It From June 2023 + Tinubu Shouted “No More Subsidy” But His Keyamo Said He Didn’t Remove It; C’Lawrence Sums Up

And Goes:  “A lot of creativities have really gone into this fuel subsidy removal. Read More

01/06/2023

 By C’Lawrence

29

President Bola Ahmed Tinubu Addressing Nigerian And Foreign Investors During His Inauguration Speech

Review of Multiple Taxation and Ease of Profit Repatriation:  “…our government shall review all their complaints about multiple taxation and various anti-investment inhibitions… Read More

29/05/2023

 By C’Lawrence

6