All posts by BusinessNews Staff

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  NNPC, DPR, Shell others embezzled N2.8 trillion – Ribadu report

  The report of Nuhu Ribadu-led Petroleum Revenues Task Force has shown that government agencies and major oil companies will be asked to refund about $17.8 billion to the Federation account. President Goodluck Jonathan on Monday asked the...

  • Posted November 1, 2012
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  Ottoabasi Abasiekong: Debt Management And Economic Sustainability (16)

  Wednesday 24th of October was another crucial day as far as the future of the ‘eurozone’ was concerned as the President of the European Central Bank (ECB) Mr Mario Draghi met with German Lawmakers over his decision...

  • Posted November 1, 2012
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  KPMG: Considered approach required when exploring opportunities in Africa

  For businesses to succeed in Africa, they need to recognise the diverse nature of African regimes. This emerged at KPMG’s Africa Conversation, “Investing in Africa: ‘been there-done that”, convened at the professional services firm’s 2012 Africa Partners’...

  • Posted October 31, 2012
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  Ottoabasi Abasiekong: Government And Job Creation (1)

  Is it the role of Government to create Jobs? This is one question which has played over the decades in the political economic framework of Nations, Politicians trying to play ‘Superman’ make promises while campaigning that when...

  • Posted October 25, 2012
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  Ottoabasi Abasiekong: Politics And The State (15)

  Well politics across the globe is getting interesting and exciting by the day, it was once again a great opportunity for Africa’s most populous black nation Nigeria to prove that its electoral process is progressing, when Ondo...

  • Posted October 25, 2012
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  Ayodeji Sunday: On Our Way To A Performing Budget

  The Nigerian budget of 2012 and 2013 has generated a lot of public interest – and rightly so. After all, the budget is the most concrete declaration of our government’s national priorities; and it’s good we are...

  • Posted October 19, 2012
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  House of the Week: Astonishing N225m five-bedroom two-storey duplex for sale in Ikoyi

  A stunning two storey duplex in 3 Oroke Drive, Ikoyi, Lagos, has come up for sale for a wallet-busting N225million. The house comes complete with an exclusive 2 person jacuzzi in the master bedroom. It also boasts...

  • Posted October 19, 2012
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  Ottoabasi Abasiekong: Politics And State (13)

  The much expected Venezuelan Presidential Elections has come and gone returning the vigorous incumbent Leader Hugo  Chavez back to power for another term of 6 years. He defeated the energetic and promising Henriques Capriles Pradonski who showed...

  • Posted October 16, 2012
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  “It is prudent and reasonable” – Okonjo-Iweala’s statement on Finance Ministry Budget

  Since the presentation of the 2013 Budget draft to the National Assembly by President Goodluck Jonathan, we have received a lot of positive feedback from Nigerians in different parts of the country. In particular, the fact that...

  • Posted October 16, 2012
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  Matilda Orhewere: The Future Of New Businesses In Nigeria

  The trend these days is that people get blamed for trusting people they have never done business with before especially when the business fails. The generation of people who did business on the basis of trust is...

  • Posted October 15, 2012
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