IMF will focus resources capital power, brain, on what is useful for members

IMF Managing Director Christine Lagarde spoke to the media on her first day in office in Washington. Here are excerpts of the media encounter. You might...

Dry your crocodile tears and pay minimum wage

By Omoh Gabriel Nigeria is peculiar in several respects. There are several anomalies and politicians hide under this cover to deceive the people. The question of...

36 MDA had 43,000 ghost workers — Aganga

—- Nigeria needs N34 trillion for infrastructure in the next four years —-Domestic debt now $37 billion —-Monthly internally generated revenue N60bn —-Multi-year budgeting in the...

Union Bank will not be liquidated, complete recapitalisation in Sept

Nigeria leaders borrow to maintain themselves in office, not for the nation

By Omoh Gabriel Nigeria leaders are at it again. This time as usual, it is a fight between the legislators and the executive arm of government...

Equity company Zephyr opens in Lagos

By Omoh Gabriel A pan Africa equity firm, Kingdom Zephyr Africa Management Company, has disclosed that it has opened its new office in Lagos, Nigeria. In...

President Yar’ Adua introduces austerity measures in 2009

By Omoh Gabriel President Umaru Musa Yar’ Adua has in the provision of the 2009 budget introduce austerity measure in Ministries, Departments and Agencies to combat...

FMF, CBN host committee of 10 African Finance Ministers and Central Bank Governors

Nigeria will host a meeting of the Committee of Ten African Finance Ministers and Central and Regional Bank Governors, the C10, on Tuesday July 14, 2009...

Oceanic Bank: Bags one award after another

By Omoh Gabriel, Business Editor FOR Oceanic Bank Plc, 2006 was indeed a year of encomiums and awards. In virtually every aspect of its operations, several...

FCMB: Solid Legacy bequeathed, tradition sustained

By Omoh Gabriel Business Editor FIRST City Monument Bank Plc is one institution the Nigerian banking industry is unapologetically proud of its history and it has...

UBA: Aiming for the skies

SINCE 2005, when the then Standard Trust Bank took about 27 per cent shareholding interest in the old United Bank for Africa Plc, the new UBA...

Diamond Bank: Introduces innovative customer-friendly services

LIKE most banks that went through the con-solidation of the banking industry in a peculiar way, 2006 represented for Diamond Bank an opportunity to settle down...

Access Bank: Success story of uncommon professionalism

By Omoh Gabriel, Business Editor AFTER its 2003 trans-formation, 2006 financial year represented for Access Bank, an important redefining period following the successful consolidation carried out...

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2009 and Nigerians: Does it bother you that your financial assets may go down in value because of the broader financial meltdown?

By Omoh Gabriel, Business Editor AS the global financial melt down takes its toll on companies’ share value, financial instruments and in recent time human lives,...