Federal, states and local governments are losing about N50 trillion annually from untapped resources that abound in the nation’s soil. Nigeria is estimated to be losing...
By Omoh Gabriel, Economists, geologists and surveyors have long agreed that under the Nigerian soil are wealth and riches untold. But majority of Nigerians are...
The Central Bank of Nigeria (CBN) said that the country would realise the dream of a robust national payments system by 2020. Mr Dipo Fatokun, CBN...
Julius Berger Nigeria (JBN) Plc on Wednesday at the Nigerian Stock Exchange (NSE) emerged the most traded stock, exchanging 46.33 million shares worth N2.39 billion in...
Central Bank of Nigeria (CBN) says importers of rice, cement and other products will no longer access Foreign Exchange from CBN, Banks and Bureau De change...
Named Winner in Five Categories including Africa’s Leading Business Hotel ABUJA, NIGERIA – June 22, 2015 – Transcorp Hilton Abuja has been honoured with an unprecedented...
CEO Adeoye Fadeyibi Letter to Shareholders: “We are strengthening our part of Nigeria’s energy chain.” Lagos, Nigeria, 16 June 2015 — Transcorp Ughelli Power Limited (TUPL),...
Governors of the 36 states of the federation rose from a meeting in Abuja last week Wednesday, resolving to meet President Muhammadu Buhari on the financial...
Companies in the manufacturing sector of the economy that source foreign exchange to import raw materials and products have been hit hard by the devaluation of...
By Omoh Gabriel, Huge expenditures on capital projects and sundry overhead have been identified as part of the reasons many state governments in Nigeria are unable...
Ambassador Tom Amolo, the Kenyan Ambassador to Nigeria last week reiterated the need for Africa to look inward when looking for solutions to its problems. Africa...
Bank Verification number enrolment ordered by the CBN for all bank customers will end this Month. How will the system work and why is it important...
By Omoh Gabriel Eighteen out of the thirty-six states of the federation are technically bankrupt. This is because they have mortgaged their federation account allocations to...
When Mr. Godwin Emefiele became the Governor of the Central Bank of Nigeria (CBN) on June 3, 2014, there was visible pressure on the Naira as...
* As NISA crisis deepens * Factions work across purposes THE crisis presently rocking the Nigerian Ship-owners Association, (NISA) last week, took a new dimension...