PENGASSAN, NUPENG plan joint strike over sacked Shell workers
The unions say Shell is undermining union activities.
FG releases N170bn fourth quarter allocation to MDAs
Out f N300 billion approved for MDAs, the Federal Government has cash backed N170 billion.
Why we must restructure government a la Sanusi Lamido, By Ifeanyi Uddin
Once again, SLS (our moniker for Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria ―CBN) walks into a new tempest. In fact, he did not walk into this. He seeded it. Almost inevitably, so soon as he suggested government sack half of its workforce as part of a restructuring process necessary to steady […]
‘Extremely’ weak corporate governance, weak credit administration characterise Nigerian banks- NDIC
The NDIC and the CBN carried out the examination of the banks
Nigeria Stock Exchange to attract new listings, unveils Value Added Services
The new services aim to promote fairness, transparency, accountability and integrity in an organisation’s relationship with all its stakeholders
87% of bank frauds in 2011 occurred in top 10 banks, says NDIC
The banking industry lost N4.07bn to frauds and forgeries in 2011 .
ALSCON ownership: BFIGroup wants to be joined in London suit
BFIG wants UC RUSAL to join it in its suit filed against the Federal Government.
How to pay your rent with ease! by Lawrence Ladokun
Troubled about paying your next rent? Read this.
Banks reluctant to grow loan books despite plenty of demand
Banks want an improvement in the power sector so they can improve their loan books.
Bank chief advocates open account payment for international trade
An open account transaction form of payment means that goods are shipped and delivered before payment is due, usually in 30 to 90 days.
The Nigerian economy and the 2013 inflation outlook, By Ifeanyi Uddin
I would ordinarily step back from any opportunity to wager. Thus, I never cease to wonder at the celerity with which my football-loving friends put their nairas where their mouths are. I am not sure whether this phobia is because chance occurrences make nonsense of rationale processes. Or if it is the product of a […]
Russian firm, UC RUSAL, defies Supreme Court’s order on ALSCON
The Russian firm said it could not accommodate the inspection team set up by the government on ALSCON.
CBN must change its policy direction for sustained economic growth- report
Experts criticise the CBN’s decision to maintain the Monetary Policy Rate
MPC wants independent experts to fix crude benchmark budget price
The Monetary Policy Committee is not happy with the National Assembly’s interference in crude benchmark.
10 ways of investing in the Abuja Real Estate Market
A must read that encourages one to venture into the real estate business.
Economic status-quo to remain, as MPR remains at 12 per cent
There was hope that the CBN would reduce the Monetary Policy Rate.
ALSCON asset base devalued by 90% in five years- audit report
BFI group worries about the depreciated value of ALSCON.
To what and how does today’s MPC meeting respond? By Ifeanyi Uddin
Today, two developments (both of them much trailed) will occur. More precisely, one of these events commences, while the other will be announced. First (and this is not in any specific order) the rate-setting arm (the Monetary Policy Committee — MPC) of the Central Bank of Nigeria (CBN) meets for the last time in a […]