Latest News
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Fuel Subsidy And Government PR Gaffes
Fuel subsidy promotion has been handled poorly. It has led to more PR gaffes than any other burning issues in the country. Also, the federal government has conducted itself for all the wrong reasons with interviews and...
- Posted November 23, 2011
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Sterling Oil Exploration And Energy Production Company Fined For Oil Spillage
Sterling Oil Exploration and Energy Production Company (SEEPCO) has been fined the sum of N68 million by The National Oil Spill Detection and Response Agency (NOSDRA) Limited, for defaulting in reporting the oil spillage from its facility....
- Posted November 23, 2011
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Judicial Independence In The Murky Waters Of Politics
Judicial independence is essential to a society’s survival. Independence of the judiciary these days seem more theoretical than practical as executive rascals and commercial interests undermine the credibility of the judicial process. The adopted principles for an...
- Posted November 23, 2011
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Beyond State Creation
State creation has stayed as a hot-button issue in our national polity. It would appear we all need a state of our own so the federation revenues can meander into our account. But that is not. It...
- Posted November 23, 2011
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UBA Grants Scholarship To Secondary School Students
United Bank for Africa Plc grants scholarship to three Nigerian secondary school students to the tune of N2.25 million in order to enhance the quality of education in Nigeria through writing, as well as reiterate its commitment...
- Posted November 23, 2011
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Stock Market Watch: ASI Reverses Six Day Losing Streak
The stock market has reversed its almost six day losing streak, gaining 6 basis points at the close of trading today. Bearish sentiment dominated the banking sector as only FCMB and First Bank appreciated today, gaining 328...
- Posted November 22, 2011
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As IBA Succumbs To The Fear Of An Arab Spring
International Bar Association conference 2011 has come and gone without igniting another Arab Spring. Such was the palpable fear that permeate the air as the host Dubai fought fortuitously to ensure that the conference content and the...
- Posted November 22, 2011
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Nigerian Airport: Concession Or Remodeling
We wonder why the debate for concession or remodeling should hold the transformation of our airports to ransom. What should give us a food for thought is how we can ensure airport safety, address the sordid decay...
- Posted November 22, 2011
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Lekki-Epe Int’l Airport To Commence Operation By 2012
Stanbic IBTC Bank has been appointed sole financial adviser to the Lagos State government on the proposed Lekki-Epe International Airport project to be developed on a modular basis at an estimated project cost of N71.64bn ($450 million)...
- Posted November 22, 2011
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Petrol Price Rises to N60 Per Ltr.
Petrol Price Rises to N60 Per Ltr. The ex-depot price of Premium Motor Spirit (PMS), popularly called petrol rose from N55.50 per litre to N60 per litre at the weekend, as marketers scrambled for the small quantity...
- Posted November 22, 2011
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Database of all farmers in Nigeria Commences
AS PARTS of efforts in ensuring even distribution of incentives to farmers in the country, Federal Government has unfolded plans to collect and collate all farmers’ data base in the country Speaking during the sensitisation meeting of...
- Posted November 22, 2011
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Nigeria’s Participation At ECOWAS Fair Would Attract Orders For Export
The 6th ECOWAS trade fair in Lome will afford Nigeria the opportunity to showcase its economic potential which on the long run would also attract orders for export. Mr David Adejuwon, the Acting Director of Trade Department...
- Posted November 22, 2011
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Strategy – A Key to Business Start-up
Money is like gasoline during a road trip. You don’t want to run out of gas on your trip, but you’re not doing a tour of gas stations. -Tim O’Reilly, founder, O’Reilly Media. Money certainly does not...
- Posted November 22, 2011
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CBN Retains Key Lending Rate, Discusses Removal of Subsidy Linked Inflation
At its Monetary Policy Committee (MPC) meeting held in Abuja today, the CBN decided to retain the key lending rate unchanged at 12%. Also the Cash Reserve Ratio was retained at 8%. Analysts did not expect the...
- Posted November 21, 2011