Chamber of Commerce lists draconian NIPOST guidelines that must be removed
A courier operator must contribute to the postal fund, could be compelled to render free services and must not deliver certain items weighing below 0.5kg.
How top Nigeria Officials fell victims to shadowy Mexican Oil syndicate
Ramirez and Salazar are accomplices now working through SAMANO SA DE CV, a shadowy company registered in Mexico as a marketing company.
Power Outage: How Nigeria’s electricity problem cripples small businesses
According to the World Bank, the economic cost of power shortage in Nigeria is estimated at around $29 billion.
UBA announces global management appointments – six new country CEOs in Africa
UBA says the new CEOs will drive the Group’s strategy and activities in Mali, Uganda, Zambia, Senegal, Tanzania and Sierra Leone respectively
MALABU SCANDAL: Italian Prosecutors want former Nigerian oil minister jailed for 10 years
The Malabu scandal involves the transfer of about $1.1 billion by oil multinationals, Shell and ENI, through the Nigerian government to accounts controlled by a former Nigerian oil minister, Dan Etete.
Coronavirus: Four out of every ten households experienced food insecurity in June- Survey
Official survey reveals that the food security situation in Nigeria has substantially worsened since the start of the pandemic
AfDB appoints Algerian as Chief Economist and Vice President
Rabah Arezki, a citizen of Algeria, is currently the Chief Economist for Middle East and North Africa Region at the World Bank.
African countries making headway in tackling tax evasion, money laundering – Report
The report provides comparable tax transparency statistics to aid decision-makers to address illicit fund flows.
Electronic banking fraud in Nigeria: how it’s done, and what can be done to stop it
This study provides the banking industry, banking public and investors with critical pointers on how to reduce fraud.
EXPLAINER: What it takes to get a Marginal Oil and Gas Field in Nigeria
Nigeria’s marginal fields licensing rounds have been the cornerstone of Nigeria’s upstream local content development strategy since the early 2000s and previous rounds gave birth to what are now strong local and regional African E&P companies.
Tony Elumelu: Building legacy of women empowerment for corporate leadership, management
Mr Elumelu is establishing a reputation as a modern-day chief executive who believes in the capacity of women to make a difference in leadership
African Development Bank debars Nigerian firm for fraudulent practices
The Office of Integrity and Anti-Corruption of the African Development Bank Group is responsible for preventing, deterring and investigating allegations of corruption, fraud and other sanctionable practices in Bank Group-financed operations.
INTERVIEW: Why unmonitored borders, fuel subsidy are harmful to Nigerian economy — Matrix Group CEO
“…Subsidy is not good for us. Subsidy is harmful to our economy. Subsidy creates arbitrage. If it is possible, government should avoid fuel subsidy…”
$62bn Controversy: Why Nigeria could not amend contracts with IOCs — NNPC COO
The Chief Operating Officer (Upstream), Bello Rabiu, explains why it has been difficult for the government to renegotiate the fiscal terms and amend the PSC with the IOCs
INTERVIEW: Why I investigated Heineken’s activities in Nigeria, other African countries – Dutch journalist
Olivier van Beemen is also the co-author of an investigative piece on the activities of the former Dutch head of Nigerian Breweries, a subsidiary of Heineken.
INTERVIEW: Why SAP was essential for Nigeria’s economy – Olu Falae
“Shagari created the problem. When Buhari came as military head of state, he slowed down the rate of importation, but continued the issuance of import licenses,” Mr Falae says.
How small-holder farmers can attract funding – Business Heads
The business leads say groups and cooperatives are important structures if small-holder farmers want to be attractive for funding.
Why it’s difficult to enforce local content laws — Board Secretary
Mr Wabote says Nigeria continues to provide leadership and guidance to other African nations that want to understudy its content law implementation.
INTERVIEW: Payment of 33% arrears to over 180 agencies uncompleted — Ex-PTAD Boss
Sharon Ikeazor, who is now a minister, says she transformed the pension agency but work remains to be done.
INTERVIEW: I was rejected by Nasarawa University – Young Nigerian businessman recognised by Forbes
Henrich Akomalafe says he wants to be on Forbes billionaire list.
Why Nigerian indigenous miners are not succeeding – Operator
”The solid minerals sector is facing the challenge of the dearth of capacity. The government must enhance the capacity of those operating in the sector …”
Nigeria’s BOI: What next after N1 trillion asset base
“For the first time in the history of the bank, we surpassed N1 trillion in asset base.”