Latest News
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CBN’s Monetary Policy Committee Proffers Solution to Global Economic Crisis
The Monetary Policy Committee sat in Abuja today and discussed amongst other things, the global economic crisis. The committee expressed concern on the economic “weakness” of many developed and industrial countries due to bloated sovereign debt ratios...
- Posted November 21, 2011
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BRT Lost In Decay
The coming of the BRT was greeted with huge fanfare but that is not the case any longer as what could have been described as one of government’s finest effort has fallen into the worst of times....
- Posted November 21, 2011
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Lekki Tolling Brouhaha
Lagos State government finally has lifted the embargo placed on lekki expressway toll collection. We recalled that the government has placed an indefinite suspension on toll collection last December to enable it fully engage stakeholders with the...
- Posted November 21, 2011
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How To Set Up A Company In Nigeria
You need to set up your company in Nigeria? Here is a little guide to take you through. First, you have to conceptualize the name of the company. Something that is worth remembering and can drive market...
- Posted November 21, 2011
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Insurance Practitioners Ignore Economic Summit
Over 90 percent of insurance practitioners in Nigeria ignored the just concluded 17th Nigerian Economic Summit. Insurance Chieftains who were believed to pull strings in government quarters were not in attendance at the summit even when National...
- Posted November 21, 2011
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N75 Billion Nollywood Funding Facility To Support Entertainment Industry
Plans to support the Nigerian Entertainment industry, popularly called Nollywood has just been concluded by the Federal Government, through the Bank of Industry (BOI) and the Africa Development Bank (AfDB), on a N75 billion funding facility. The...
- Posted November 21, 2011
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Turnover Of N103.8b In 1 Week Transaction On FGN Bonds
Investors last week who made transactions on the Over-The-Counter (OTC) market for FGN Bonds, recorded a turnover of 124.96 million units worth N103.9 billion in 895 deals, compared to 75.16 million units valued at N62.9 billion, exchanged in 605 deals...
- Posted November 21, 2011
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Safety Stock Picks: Diamonds in The Rough
Despite persistent downward pressure on the Stock Market over the past month, certain stocks have proven to be resilient to bearish tendencies on the market. Our analysis has led us to term such stocks “safety stocks”, these...
- Posted November 20, 2011
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Engaged To A Job I Hate – Interview with Author Bankole Williams
The focus of your book is very catchy and controversial, one cannot just wait to pick it up and read. What motivated you to write this particular book? Well, this book was borne out of my experience...
- Posted November 20, 2011
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Nigerian’s Wealthiest On Forbe’s 40 African Billionaires
The Forbes Africa Magazine has published a list of 40 Africans billionaires Using stock prices and currency exchange rates to value privately-held businesses, estimates of revenues or profits with prevailing price-to-sales or price-to-earnings ratios for similar public...
- Posted November 20, 2011
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Classification Of Contractors Exercise By BPP Commences
the Bureau of Public Procurement (BPP) has commenced the first phase workshop for the categorisation and classification of contractors as part of the effort of government to enhance transparency in public transaction. The exercise, in line with...
- Posted November 20, 2011
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Savannah and Societe Generale Banks May Face Nationalization By NDIC
Stakeholders in the banking industry had dispute over the deadline given by the Nigerian Deposit Insurance Corporation to the management of Savannah Bank Limited and Societe General Bank Nigeria Limited to open for business on or...
- Posted November 20, 2011
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N15b Donation to Egbin Power Plant
The Federal Government provided N1.5 billion for the overhaul of unit six at the Egbin Power Plant so that the plant can work effectively. Prof. Barth Nnaji, the Minister of Power said the approval was in response...
- Posted November 20, 2011
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Freight Forwarders Advocates For 1% FOB Professional Fee
Freight forwarders have advocated for one per cent of freight on board (FOB) as professional fee for practitioners as a measure to end decades of fraudulent practices involved in clearance of goods at the nation’s ports. Hence, it is the Federal Government that is...
- Posted November 19, 2011