The stock market has reversed its almost six day losing streak, gaining 6 basis points at the close of trading today. Bearish sentiment dominated the banking sector as only FCMB and First Bank appreciated today, gaining 328...

International Bar Association conference 2011 has come and gone without igniting another Arab Spring.  Such was the palpable fear that permeate the air as the host Dubai fought fortuitously to ensure that the conference content and the...

We wonder why the debate for concession or remodeling should hold the transformation of our airports to ransom.  What should give us a food for thought is how we can ensure airport safety,  address the sordid decay...

Stanbic IBTC Bank has been appointed sole financial adviser to the Lagos State government on the proposed Lekki-Epe International Airport project to be developed on a modular basis at an estimated project cost of N71.64bn ($450 million)...

Petrol Price Rises to N60 Per Ltr. The ex-depot price of Premium Motor Spirit (PMS), popularly called petrol rose from N55.50 per litre to N60 per litre at the weekend, as marketers scrambled for the small quantity...

AS PARTS of efforts in ensuring even distribution of incentives to farmers in the country, Federal Government has unfolded plans to collect and collate all farmers’ data base in the country Speaking during the sensitisation meeting of...

The 6th ECOWAS trade fair in Lome will afford Nigeria the opportunity to showcase its economic potential which on the long run would also attract orders for export. Mr David Adejuwon, the Acting Director of Trade Department...

Money is like gasoline during a road trip. You don’t want to run out of gas on your trip, but you’re not doing a tour of gas stations. -Tim O’Reilly, founder, O’Reilly Media. Money certainly does not...

At its Monetary Policy Committee (MPC) meeting held in Abuja today, the CBN decided to retain the key lending rate unchanged at 12%. Also the Cash Reserve Ratio was retained at 8%. Analysts did not expect the...

The Monetary Policy Committee sat in Abuja today and discussed amongst other things, the global economic crisis. The committee expressed concern on the economic “weakness” of many developed and industrial countries due to bloated sovereign debt ratios...