All posts by Afolabi Ogunde

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  NSE Lists N 35 billion worth of UBA Bonds

  The Nigerian Stock Exchange (NSE) has listed N 35 Billion worth of UBA Bonds, bringing the total number of Corporate Bonds on its register to 13. The Bond has a coupon of 14% and is due in...

  • Posted January 16, 2012
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  Jonathan Reduces Price to N 97, Vows to Prosecute Cabal

  Nigerians woke up this morning to a recorded televised broadcast by President Jonathan in which he announced a reduction of the pump price of petrol to N 97. Labour has yet to make an announcement following this,...

  • Posted January 16, 2012
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  Ezekwesili Resigns From World Bank, effective May 2012

  Oby Ezekwesili, World Bank Vice President for Africa and former Nigerian minister of Education is slated to retire from her position at the World Bank in May, 2012. President of the World Bank, Robert Zoellick, disclosed that...

  • Posted January 16, 2012
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  How to Be a Social Media Power

  Last week, in writing about the top social media influencers I was struck by the sheer scale of connectivity that leading influencers create for themselves. Chris Brogan for example has an astonishing 122,000 identifiable followers on Twitter (up from 115,000 last week) and...

  • Posted January 15, 2012
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  Kenya Slashes Petrol, Diesel and Kerosene Prices

  At a time when sub-Saharan Africa countries are witnessing increases in gas prices, often by outrageous increments, the Kenyan government has announced the reduction of petrol prices in the country. Citing a stronger currency that is offsetting...

  • Posted January 15, 2012
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  Labour, FG Talks End in Stalemate Saturday, Resume Today

  Talks between the Federal Government and Labour have ended in a stalemate as both sides have refused to shift grounds on their current positions. The Government has refused to revert back to the N 65 pump price...

  • Posted January 15, 2012
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  Oil Minister Alison-Madueke Issued the January 1st Fuel Subsidy Kill Order

  As the first two weeks of a very charged up year have elapsed, Nigerians are still angry over the government’s abrupt and insensitive decision to remove fuel subsidy. Recent revelations will see Nigerians focusing their anger on...

  • Posted January 14, 2012
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  Obama seeks to Raise Debt Ceiling by $ 1.2 trillion to $ 16.4 trillion

  President Obama formally notified Congress on Thursday of his intent to raise the nation’s debt ceiling by $1.2 trillion, two weeks after he had postponed the request to give lawmakers more time to consider the action. Congress will...

  • Posted January 13, 2012
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  Several Container Ships Stuck Waiting Outside Ports May divert Cargo

  Due to the closure of the sea ports, Maersk Line, an arm of Danish shipping group AP Moller has been unable to deliver containers laden with food and consumer goods to the Apapa Ports. The company is...

  • Posted January 13, 2012
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  Nigerian Economy Loses N 100 Billion Everyday Strike Continues – Sanusi

  According to the Governor of the Central Bank, Nigeria loses N 100 billion daily to the labour strike. The calculations are estimates based on the projected Gross Domestic Product (GDP) for the year and are divided by...

  • Posted January 13, 2012
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