By Omoh Gabriel, Nigeria delegation to this year’s IMF/World Bank annual meeting has presented Nigeria worsening power supply problem to the Bank and asked for technical...
By Omoh Gabriel The US Senate yesterday approved a revised $700 billion U.S. plan to stabilise the financial industry and kick-start credit, just two days after...
By Omoh Gabriel Prices of crude oil, Nigeria’ main stay yesterday dropped below earlier prediction as prices of Brent and light crude went for $49.25 and...
By Omoh Gabriel with agency rerports The US Senate yesterday approved a revised $700 billion U.S. plan to stabilise the financial industry and kick-start credit, just...
By Omoh Gabriel Last month the United States of America, the hub of capitalism and the high priest and chief advocate of free market economy announced...
Guaranty Trust Bank Plc (GTBank), the bank of choice for Nigeria’s yuppie middleclass and upwardly mobile connoiseurs is embroiled in another mind-boggling scandal. The bank which...
By Omoh Gabriel, Business Editor A total of N72.692billion was the deposit trapped in 10 of the 14 banks that could not meet the minimum N25billion...
The National Identity Management Commission (nimc) has appointed the consortium of SageMetrics and Advanced Management Technologies Ltd. to conduct its Harmonisation Assessment Study (HAS); a project...
By Omoh Gabriel, Business Editor When on July 6,2004 the CBN Governor, Professor Charles Soludo announced a thirteen point reform agenda for the banking industry at...
Foreign creditors have shunned Nigerian businessmen who have been making attempts to borrow from foreign banks as local interest rates hit the roof. A survey by...