Business

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.

84 Stockbrokers to get N22.6bn government fund

The money will help revive the stock market, the coordinating minister for the economy said.

New urbanism; is it the way to go?

“New Urbanism is strongly influenced by urban design standards which were prominent before the rise of the automobiles.”

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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

GTBank divests GTB Asset Management Ltd

GTB Asset Management is now Investment One Financial Services Ltd.

Nigerian Stock Exchange Trading floor [Photo: blogs.cfr.org]

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.

Jonathan sacks BPE boss, Bolanle Onagoruwa

FG sacks the Director General, Bureau for Public Enterprises, BPE, Bolanle Onagoruwa

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.

Is Africa Ready And Willing To Go Green?

Africa’s climate has become hotter and volatiles as a result of climate change

Ifeanyi_Uddin_columnist

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.

Meet Nigeria’s first Tablet PC designer

Inye, by Encipher, is Nigeria’s first Tablet PC. It was designed in 2009 by Saheed Adepoju who developed an andriod software but could not find a suitable device to test it.

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Total says it has no plans to exit Nigeria

The Nigerian staff of Total panicked as they thought the organization was pulling out of the country.

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.

Ifeanyi_Uddin_columnist

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 […]