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By Omoh Gabriel, Business Editor Nigeria’s excess crude account has dropped from $20 billion at the beginning of the year to $11.2 billion in June 2009....
Nigeria’s interbank foreign exchange market remained frozen on Thursday as dealers waited to see how the central bank would act to stabilise the local naira currency...
By Patience Saghana The Nigerian insurance industry is today ranked 65th globally in terms of size and 6th out of the 8 largest markets in Africa....
By Omoh Gabriel, Business Editor The caretaker of Intercontinental Bank yesterday disclosed that the bank has recovered over N 78 billion out of the N 142.644...
…no DG DMO; we are close Okonjo-Iweala By Omoh Gabriel A total of $2.335billion was spent by the federal government to service both internal and external...
In response to the increasing number of investors, banks and other financial institutions desiring to offer Non-interest products and services, the CBN has developed the attached...
The macro-economic goals any government seeks to achieve at any given time are full employment of human and material resources, price stability, economic growth, balance of...
By Omoh Gabriel, Business Editor The Central Bank of Nigeria CBN disclosed recently that the desire of the federal government to earn more volume of naira...
By Omoh Gabriel, Business Editor UNBRIDLED importation of food items and other non essentials by Nigeria has attracted criticisms from organisations within and outside the country,...
By Omoh Gabriel, Business Editor Managing Director/CEO Global Fleet Energy and Chairman NICON Group, Barrister Jimoh Ibrahim has insisted on his call on government to print...
The reality is that I have no doubt in my mind that I do understand where those things are coming from. The final thing is loan...
5 billionaires living below their means Given the choice, Warren Buffett would opt for a good burger and fries accompanied by a cold cherry Coke. Each...
Eleven of the 24 banks in country are carrying the burden of N 421.7 billion as margin lending which includes loans to individuals, stockbrokers or loans...
By Mobolaji E. Aluko, PhD Burtonsville, MD, 20866, USA Introduction – The US and Global Financial Situation On Tuesday, October 9, 2007, the Dow Jones Industrial...
By Omoh Gabriel with Agency report Nigeria foreign reserves and other financial assets denominated in dollar are declining in value by the day as the global...