All posts tagged "featured"
-
Oil Slides After Biggest Gain In Five Weeks
Oil slid from the highest close in two weeks in New York amid speculation that its biggest gain in more than a month was excessive. Futures slipped as much as 0.5 percent after surging 4.9 percent on Aug. 3,...
- Posted August 6, 2012
-
CBN to Sell N142 billion in T-bills on Wednesday
The Central Bank of Nigeria will sell N142 billion worth of treasury bills on Wednesday in line with its monetary tightening policy. The bills will range in tenor from three months to one year. On offer during...
- Posted August 6, 2012
-
Labour Asks Government to Reinstate Withdrawn Charges Against Subsidy Suspects
The Trade Union Congress (TUC) is up in arms about the Federal Government’s decision to withdraw fraud charges against some of the subsidy suspects. Last week the government withdrew charges against Durosola Omogbenigun and Peter Mba, and their...
- Posted August 6, 2012
-
FG Seeks to Boost Cocoa Production to 1 Million Metric Tonnes Per Annum
As part of its Agricultural Transformation plans, the Federal Government seeks to boost the country’s capacity for cocoa production from its current 250,000 tonnes/annum to 500,000 tonnes by 2015 and 1 million tonnes by 2018. Dr. Ezekiel...
- Posted August 6, 2012
-
The Libor Cartel: Wall Street’s Biggest Scam Ever
LIBOR has been on many investors lips lately. A few still seem to understand the implications. Below is a must read piece from Der Spiegel. In the glitzy world of investment banking, money market traders were at...
- Posted August 4, 2012
-
Harvard Study Confirms Fluoride Lowers IQ
If the scientific link between fluoride exposure and a noted decreased in IQ is a conspiracy theory, then perhaps the Harvard researchers who just confirmed such a link should be tarred and feathered by the ‘evidence-based’ medical...
- Posted August 4, 2012
-
Is Competition from Foreign Brands Killing the Nigerian Fast Food Industry?
Foreign quick service restaurants, popularly known as fast food restaurants are springing up all over the place. The Kentucky Fried Chicken (KFC) franchise in Nigeria is owned by a group of Indian investors. The brand is easily...
- Posted August 3, 2012
-
House of the Week: Every Inch Of This Ikoyi Property Has Been Immaculately Designed
Regardless of where you are on the property, it’s breathtaking. You can now rent this beautiful 3 Bedroom Flats in 3B Osborne Road, Ikoyi. The Property is a fully serviced property, consisting of a block of 10...
- Posted August 3, 2012
-
‘AMCON is Beneficiary of London Court Ruling Against Akingbola’, says Access Bank
The Asset Management Corporation of Nigeria (AMCON) will be the beneficiary of the $1.02 billion London Court ruling against Erastus Akingbola, former Intercontinental Bank chief. Access Bank said it assumed all claims in litigation against Akingbola instituted...
- Posted August 3, 2012
-
‘First Bank In Compliance with CBN Recapitalization Policy for Offshore Units’ – CEO
Chief executive Officer of First Bank, Olabisi Onasanya, has disclosed that Africa’s oldest financial institution is in compliance with the apex body’s latest regulation on Nigerian bank foreign subsidiaries. The CBN last week prohibited Nigerian banks from...
- Posted August 3, 2012