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All posts by Ottoabasi Abasiekong

  • Anxiety Grips Bank over Power Assets Funding in the Country

    As Nigeria continues its march to experiencing a rapid transformation in the power sector through the ongoing reforms in the sector, the Banks in the country have raised concerns over the funding pattern for the power assets...

    • Posted December 24, 2012
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  • Nigerians Seek Lower tariffs and Quality service from Telcos in 2013

    As part of their expectations for the year 2013 mobile subscribers in the country have urged the telecommunications operators to come out with improved quality service for the sector and a lower tariff structure. This is a...

    • Posted December 24, 2012
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  • Foodstuff Prices Soar 24 hours to Christmas

    With barely 24 hours to Christmas, the usual the rush and bustle for final purchases before the holiday, has affected the price of foodstuffs in the market. This time the dealers are blaming the trend on the...

    • Posted December 24, 2012
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  • Micro Finance Banks Face Stiffer CBN Measures

    In a bid to ensuring that purpose  is attained and focus is reinvigorated in the microfinance banks operations and activities, the Central Bank Bank of Nigeria has read out a riot act signalling that it will no...

    • Posted December 21, 2012
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  • Stanbic IBTC Stockbrokers Appointed to Manage FG Bonds

    In what can be described as a major breakthrough, the Stanbic IBTC stockbrokers group has been named by the Debt Management Office (DMO) to manage and secure the Federal Government Bonds. This is to mobilize and galvanize...

    • Posted December 21, 2012
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  • Recurrent Budget Expenditure Experiences New Highs After Decade Of Democratic Rule

      Recent statistics and analysis have shown that the budget expenditure at the recurrent level, has increased astronomically since Nigeria returned back to  Civilian rule. A development that would obviously call for more frugality and caution. In...

    • Posted December 20, 2012
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  • U.S Crude Oil Surge Creates Concern For Nigeria.

    One of Nigeria’s greatest partner in the oil market the United States of America, just released an information that has generated a lot of concern at the moment in the energy market. The information is that the...

    • Posted December 20, 2012
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  • Rice Production Efforts In 10 States To Be Bolstered By Federal Government

    In a bid to ensure that Nigeria becomes more proactive and strategic in the production of its rice, the Federal Government has announced new efforts of engaging some of the states by partnership in enhancing the growth...

    • Posted December 19, 2012
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  • Illegal Fund Manager Axed By SEC

    As part of its determination in ensuring that effective reforms and sanity is restored back to the  operations of the stock market and  the  hedge fund management  process.The regulatory body for the capital market , the Securities and Exchange Commission...

    • Posted December 19, 2012
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  • First Bank Chief bags ‘CEO of the year’ Award

    As a mark for his dedication, commitment, determination and courage for steering the affairs of Nigeria’s leading Bank the Managing Director of the First Bank of Nigeria Mr Bisi Onasanya has been honoured with the award of...

    • Posted December 19, 2012
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