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The Nigeria Customs Service (NCS) has approved a new procedure for the disposal of seized and overtime goods in its bid to address some of the...
AMCON yesterday said it was seeking prospective investors to buy Keystone Bank, the last of the rescued banks yet to be sold. The Asset Management Corporation...
By Omoh Gabriel Zero budgeting cannot be responsible for budget padding. It cannot be the reason for rats smuggling foreign provisions into the budget. It can...
By Omoh Gabriel Nigeria is often ridiculed as a giant in the sun. It is said to have abundant resources that are yet to be tapped....
The Nigerian stock market closed negative today as the All Share Index (ASI) fell 0.5 per cent to settle at 23,832.03pts. This marked a halt in...
The Monetary Policy Committee met on 25th and 26th January, 2016 against the backdrop of weakening global economic prospects as well as increased risks in the...
By Omoh Gabriel The Lagos Chamber of Commerce and industry LCCI, has said that foreign exchange sourced from diaspora remittances, export Proceeds, Forex sales by foreign...
Transactions at the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a positive note with the market capitalisation appreciating by N47 billion. The...
By Omoh Gabriel Nigeria may miss out of the $100trillion booming digitization if government and the organized private sector do not come together to evolve policy...
…Banks may write off 50% loans to upstream …Devaluation will halt bank asset quality …Capital adequacy ratio declines …Rising non performing loans By Omoh Gabriel, Business...
By Omoh Gabriel When the Managing Director of the International Monetary Fund, IMF, Christine Lagarde came to have a chat with Nigeria’s economic managers and policy...
By Omoh Gabriel Many Nigerians do not seem to understand the role of the CBN in an economy. Some believe that the CBN is an authority...
By Omoh Gabriel Last week in this column I said in there was no need to continue the sale of foreign exchange by the Central Bank...
By Omoh Gabriel The pressure on the Naira at the foreign exchange market might continue to mount and see further depreciation in value of the Naira...
The Director-General, Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, said the non-passage of the Petroleum Industrial Bill (PIB) had hindered investors from showing interest in...