Latest News

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  Nigeria loses N105 billion annually to Pipeline Vandals – Presidency

    One of the major vices identified as part of the factors militating against a seamless production and operation of the Oil and Gas sector Nigeria’s major forex earner is pipeline vandalization. A recent disclosure has revealed...

  • Posted November 26, 2012
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  Regulators, Stakeholders Face-off May Hamper Growth of Telecoms Sector

    In view of the phenomenal growth the Nigerian economy has witnessed since the launching  of the GSM network services since 2001, there are concerns that the current cold relationship between the Regulatory body the Nigerian Communications...

  • Posted November 26, 2012
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  House Panel to Investigate the Shady Award of N3.3 billion Contracts

    The House of Representatives Committee on Public Accounts has called on the attention of the Ministry of Works over suspected shady deals in the award of two road contracts valued at over N3.3bn. The Chairman of...

  • Posted November 26, 2012
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  FERMA boss Worries over Pace of Road Repair by Contractors

    The Federal Road Maintenance Agency’s boss, Mr. Jide Adeniji, has expressed his worry over the slow pace of work on the Enugu-Port-Harcourt highway. He queried the state of the road, saying the dilapidation suggests that the...

  • Posted November 26, 2012
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  Nigeria’s Slow Economic Development worries ICAN

  As the World is going through a difficult phase of economic stability and checkered growth, owing to the events that have played out in the United States economy and the ‘Eurozone’ debt crisis pandemic that is threatening...

  • Posted November 26, 2012
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  Ex-NSA, Others Liable For Trial over Fraudulent N3 billion Security Contract

    A former National Security Adviser (NSA) may be charged very soon before a court for alleged mismanagement of a N3 billion security contract in the maritime sector of the economy. It was learnt yesterday that the...

  • Posted November 26, 2012
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  ChicagoBooth School of Business holds Free Executive MBA Session in Lagos – Register Now

  The University of Chicago Booth School of Business holds its Chicago Executive MBA Information Session & Faculty Speaker on Wednesday, February 6, 2013 at 6:30 PM to 9:00 PM at the Eko Hotel & Suites Victoria Island,...

  • Posted November 25, 2012
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  Ovia’s Quantum Luxury Properties Partner Marriott Hotels to Change Lagos Skyline

    Zenith Bank’s largest shareholder, Jim Ovia is one of Africa’s richest men with a networth conservatively estimated to be $500 million. The ex-bank chief who was forced to retire in 2009 as a result of CBN...

  • Posted November 25, 2012
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  Capital market to recover in 2013- says Sanusi

  The Governor of Central Bank of Nigeria, Mallam Sanusi Lamido has said that the Nigerian capital market will bounce back next year. He said this in Lagos yesterday during a courtesy visit to his Lagos office by...

  • Posted November 25, 2012
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  Boniface Godspower: The Aso Rock Landlord and a Five Trillion Naira Heist

    “An end to corruption and lots of fresh air”, his statement was one of President Goodluck Ebele Jonathan’s campaign promises whilst running for office in 2011. Little did Nigerians know the corruption had already started in...

  • Posted November 25, 2012
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  Ifeanyi Uba’s Capital Oil re-opens, AMCON takes over operations

  ASSET Asset Management Corporation of Nigeria, AMCON, has stepped into embattled Capital Oil and Gas Limited, taking over its financial operations. The move came after AMCON management met Friday with Mr Ifeanyi Patrick Ubah with both parties...

  • Posted November 25, 2012
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  House of the Week: N110m Five-Bedroom Detached House For Sale In Lekki Phase 1, Lagos

  Regardless of where you are on the property, it’s breathtaking. You can now buy this beautiful house in Lekki Phase 1, Lagos. The house is a fantastic 5 Bedroom detached property with a 2 bed guest chalet....

  • Posted November 23, 2012
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  Senate Accuses EFCC of Inflating Their 2013 Budget

  The Senate Committee on Drugs, Narcotics, and Anticorruption on Thursday described the expenses of the Economic and financial Crimes Commission as “outrageous.” Senators frowned at the huge allocations for travels and trainings while considering the agency’s 2013...

  • Posted November 23, 2012
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  Treasury Bills fall to 2-month low on Over-Subscription

  In a new development on the money market the Central Bank’s decision to hold  its benchmark rate at 12 percent with a view to checking Inflation and stabilizing the currency margin in the midst of the global uncertainty has...

  • Posted November 23, 2012
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