All posts tagged "featured"

• Sovereign Wealth Fund: State Governors want more clarity

  Nigeria’s powerful state governors have sought more clarity over how the country’s planned debut sovereign wealth fund (SWF) would work because of concerns they will have less access to oil revenues. The fund has been designed to...

  • Posted August 23, 2011
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  Nigeria: Rich Country, Poor People – Nasir Ahmad El-Rufai [Opinion]

  Editor’s note: This guest post is written by Nasir Ahmad El-Rufai, a former Director General of The Bureau of Public Enterprises,  and also the former Minister of the Federal Capital Territory, Abuja. If President Goodluck Jonathan had had the courage to publicly...

  • Posted August 19, 2011
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  Nigeria is eating beyond its means – Agriculture Minister

  The Federal Government weekend disclosed that N991 billion was spent in the year 2010 for the importation of rice and wheat in the country. Minister of Agriculture, Dr. Akinwunmi Adesina, disclosed this at the International Institute of...

  • Posted August 15, 2011
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  BPE Probe: World Bank report is nonsense – El Rufai

  Damning reports emerged yesterday at the Senate Ad-hoc Committee investigating the activities of the Bureau for Private Enterprises (BPE), as a World Bank report between 1999-2003 indicted a former Director-General of BPE, Mallam Nasir el-Rufai, for the lack of proper internal...

  • Posted August 14, 2011
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  Five Richest Nigerian Stockholders

  By Mfonobong Nsehe While a vast majority of Nigeria’s wealthiest businessmen spurn the capital markets, preferring to build their fortunes through privately-held companies, the Nigerian Stock Exchange still accounts for a substantial portion of the wealth of...

  • Posted August 14, 2011
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  Former Popemobile Goes On Sale For $350,000

  It has carried a pope through New York and ferried US astronauts during triumphant returns from space. Now, a specially adapted 1964 Lincoln Continental limousine – a more elegant precursor to the modern popemobile – is up...

  • Posted August 7, 2011
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  “In Omaha the US is still triple A” – Warren Buffet

  America’s most trusted investor, Warren Buffett roundly dismissed the S&P downgrade in comments to Fox Business. “I don’t get it. In Omaha, the U.S. is still triple A. In fact, if there were a quadruple-A rating, I’d give the...

  • Posted August 7, 2011
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  Emerging markets now a much safer bet – Mobius

  The U.S. dollar and Treasurys, which proved to be safe havens during the global financial crisis, can no longer be viewed as such because of the on-going debt impasse, renowned investor Mark Mobius told CNBC on Friday....

  • Posted July 30, 2011
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  America owes foreigners and foreign governments 4514 trillion dollars

  The TRUTH About Who Really Owns All Of America’s Debt Hong Kong :-  Holdings of US Treasuries: $121.9 billion- Percent of US Debt that they own: 0.9% Caribbean Banking Center:- Holdings of US Treasuries: $148.3 billion – Percent of...

  • Posted July 28, 2011
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  MTN crashes Blackberry charges to N450 per week

  MTN has given their numerous subscribers a reason to smile. The leading telecommunicationsservice provider has introduced even more affordable Blackberry service offerings that addressa wide range of consumer usage segments in the Nigerian market. These new offerings...

  • Posted July 28, 2011
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