By Omoh Gabriel, Business Editor Nigerians spent a total of N34.63billion in 2008 on pilgrimage to Mecca and Jerusalem. Of this amount the Muslim annual ceremony...
When on August 14 2009, Sanusi Lamido Sanusi announced his radical intervention into the banking system by removing with fanfare the executives of ailing banks, he...
By Omoh Gabriel Internal Monetary Fund IMF has urged the CBN to focus more on inflation targeting instead of the current focus on banking supervision. The...
CENTRAL Bank Governor, Sanusi Lamido, weekend, raised alarm over the high cost of maintaining the National Assembly which he put at 25 per cent of the...
By Omoh Gabriel CBN yesterday said that the figure in its circular to banks on minimum information disclosure in which limits for credit approvals by the...
By Omoh Gabriel, The Central Bank of Nigeria CBN yesterday confirmed fears that banks were not lending enough to grow the economy. A communique issued by...
By Omoh Gabriel, Business Editor The Central Bank yesterday said it has expanded the N500 billion power and industry revival funds to include the aviation sector...
Federal Government yesterday disclosed that it has approved tax waivers on corporate bonds and those issued by states and local governments in the country. This is...
By Omoh Gabriel Four Nigerian banks have been appointed by the Nigerian Maritime Safety and Administration to handle the agency Vessel Acquisition fund which has peaked...
By Omoh Gabriel Alhaji Aliko Dangote Nigerian born billionaire commodity merchant, industrialist has again made it on the list of the world richest men alive, according...
By Omoh Gabriel The Nigerian Stock market has been described as the worst performing stock market in the World for the Month of January 2009 stating...
By Omoh Gabriel, Business Editor It is now mandatory for banks operating in the country to disclose in their report the credit approval limits of the...
By Omoh Gabriel The management of Intercontinental Bank yesterday sacked about 50 senior management staff of the bank. But in an official statement the bank said...
By Omoh Gabriel & Michael Eboh My own preference I have said is that I would prefer a strong Nigerian institution that would acquire these banks....
By Omoh Gabriel, The Central Bank Governor Sanusi Lamido Sanusi Thursday told Vanguard Board of Editors that the so called polymer bribery scandal is still in...