All posts by BusinessNews Staff

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  Elections: Assessing CBN’s controlling policy on inflation

  The benchmark lending rate was recently increased from 6.5 per cent to 7.5 per cent by the Monetary Policy Committee of the Central Bank of Nigeria. Experts say the increase will strengthen the value of the naira...

  • Posted March 28, 2011
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• IT, key to driving financial sector reforms – SA boss

  The Chief Executive Officer, Signal Alliance, Mr. Collins Onuegbu, has said that for the Central Bank of Nigeria and Securities and Exchange Commission to realise the full potential of the financial sector reforms, the entire system must...

  • Posted March 28, 2011
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  Access Bank announces 16% loan increase

  Access Bank Plc’s loans to borrowers have risen by 16 per cent in 2010, boosted by lending to corporate clients, the Chief Financial Officer of the bank, Mr. Seyi Kumapayi, has said. He said, “Access Bank reduced...

  • Posted March 28, 2011
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• Bearish trend may persist till after polls – Analysts

  Analysts in the Nigerian capital market have predicted that capital market activities may not pick up till after the April elections. This is despite the impressive results released to the Nigerian Stock Exchange by major banks and...

  • Posted March 28, 2011
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• MPR increase: Controlling inflation ahead of the elections

  The benchmark lending rate was recently increased from 6.5 per cent to 7.5 per cent by the Monetary Policy Committee of the Central Bank of Nigeria. Experts say the increase will strengthen the value of the naira...

  • Posted March 28, 2011
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• Blue-chip gains lift weekly indices by 2%

  The marginal price appreciation recorded by blue-chip stocks during the week lifted market indices at the close of trading activities this week. A total of 48 stocks appreciated last week, higher than 13 during the preceding week,...

  • Posted March 28, 2011
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• The sovereign wealth funds, quest for effective infrastructure funding mechanisms in Nigeria

  For countries such as Nigeria dependent on natural resources as dominant sources of earning foreign currencies, Sovereign Wealth Funds, represent meaningful economic avenues to diversity their economies. In other words, the ability to put the incomes earned...

  • Posted March 28, 2011
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• The Case for Privatisation and SMEs in Nigeria and Sub-Saharan Africa (Part 2)

  The benefits arising out of privatisation are too crucial for Nigeria to ignore in the context of its long-term growth plans: * Depending on prudent implementation, privatisation can help strengthen capital markets by widening local ownership through...

  • Posted March 28, 2011
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• NAICOM thumbs up for upholding, implementing government policies

  National Insurance Commission (NAICOM) has received kudos from insurance operators for upholding government policies in the industry against the backdrop of circumvented policies of the government. The nation’s insurance industry in time past was bedevilled by low...

  • Posted March 28, 2011
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• Nigeria and food crisis, why FG must face reality

  By Omoh Gabriel, Business Editor Last month, the Food and Agricultural Organisation, an agency of the United Nations, raised alarm that Nigeria, Morocco and Bangladesh face imminent food crisis. The report, posted on the UN agency’s website,...

  • Posted March 28, 2011
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