Banks top management and board to face CBN continuous assessment test every two years

Stealing Nigeria blind and failure of EFCC to stop the thieves

Stealing has become a major hobby and pastime for Nigerians in high places. It has even become a big time business. All arms of government are...

Economic diplomacy strategy needed to transform economy

Sound policies and strategies are required if Mr President is to succeed in his bid to transform the Nigerian Economy One of the strategies the President...

Obstacles the President has to deal with in transforming the economy

President Goodluck Jonathan must overcome many obstacles to achieve a rate of investment that will provide a satisfactory rate of economic growth, especially in per capita...

CBN grants banks new licences

By OMOH GABRIEL Central Bank of Nigeria, yesterday, released three categories of banking licences to banks operating in the country in line with the modified universal...

The kind of Ministers Nigeria needs now

The President on Monday, May 23rd at a meeting with the organised private sector unveiled his transformation agenda for the economy saying he will be at...

IMF backs G-8 plan for supporting Middle East, North Africa

By Omoh Gabriel The International Monetary Fund has thrown its weight behind the Group of eight G8 industrialised nations to provide financial support to the Middle...

What Mr. President must do to move the economy forward

By Omoh Gabriel Nigeria’s economic potential is well known. The country’s considerable resource endowment and coastal location ordinarily should allow the emergence of a strong growth...

French Finance Minister, Christine Lagarde, favoured for IMF top job

By Omoh Gabriel with agency reports Indications emerged yesterday that French Finance Minister Christine Lagarde may get the plump job of Managing Director of International Monetary...

IMF Chief Strauss-Kahn Charged With Attempted Rape

By Omoh Gabriel with Agency report Dominique Strauss-Kahn, the head of the International Monetary Fund and a potential candidate for the French presidency next year, was...

Shareholders endorse Holdco Structure Plans for UBA

By Omoh Gabriel Shareholders of United Bank for Africa (UBA) Plc, weekend adopted a holding company structure in compliance with the modified universal banking scheme. Under...

Save us the trouble of pursuing smugglers customs boss tells FG

….. Encourage quality local production as economic strategy By Omoh Gabriel, Business Editor The Comptroller General of Customs Service Abdullahi Dikko has urged the federal government...

Naira depreciates further as $13.894bn flow out in 8 weeks

By Omoh Gabriel, Business Editor The Nigeria economy is facing financial haemorrhage as Nigerians, corporate bodies are moving funds massively out of the country as well...

Capital flight takes toll as $4.70bn flows out in 4 weeks, puts pressure on lending rate

By Omoh Gabriel, Business Editor The capital flight that hit the Nigeria economy has continued unabated as Nigerians, corporate bodies are still moving funds massively out...

Infrastructure takes lion share of N4 trillion 2010 budget

*Senate passes N253bn Supplementary Appropriation By Emmanuel Aziken and Inalegwu Shaibu Abuja — Infrastructure development topped the Federal Government’s agenda in the N4.07 trillion budgetary proposal...