Sound policies and strategies are required if Mr President is to succeed in his bid to transform the Nigerian Economy One of…
Finance
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President Goodluck Jonathan must overcome many obstacles to achieve a rate of investment that will provide a satisfactory rate of economic growth,…
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By OMOH GABRIEL Central Bank of Nigeria, yesterday, released three categories of banking licences to banks operating in the country in line…
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By Omoh Gabriel with agency reports Indications emerged yesterday that French Finance Minister Christine Lagarde may get the plump job of Managing…
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By Omoh Gabriel with Agency report Dominique Strauss-Kahn, the head of the International Monetary Fund and a potential candidate for the French…
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By Omoh Gabriel Shareholders of United Bank for Africa (UBA) Plc, weekend adopted a holding company structure in compliance with the modified…
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By Omoh Gabriel The expected acquisition of Oceanic Bank, one of the rescued banks by First Bank Nigeria Plc has collapsed following…
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By Omoh Gabriel, Business Editor The Nigeria economy is facing financial haemorrhage as Nigerians, corporate bodies are moving funds massively out of…
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FinanceNews
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…
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*Senate passes N253bn Supplementary Appropriation By Emmanuel Aziken and Inalegwu Shaibu Abuja ‚Äî Infrastructure development topped the Federal Government‚Äôs agenda in the…
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By Omoh Gabriel, Business Editor & Babajide Komolafe LAGOS ‚Äî Despite carrying on as if there are no problems whatsoever, indications emerged…
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By Omoh Gabriel The Central Bank Governor Sanusi Lamido Sanusi on Friday made good his threat to remove banks Managing Director if…
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By Omoh Gabriel Sanusi Lamido Sanusi, Governor of CBN at the 1st Distinguished Lecture of the Sylvester Monye Foundation at Asaba on…
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By Omoh Gabriel, Business Editor, Kenneth Ehigiator, Prince Osuagwu & Emma Ovuakporie Chairman of the Economic and Financial Crimes Commission(EFCC), Mrs Farida…
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—-Four of the five banks accounts for N 1.3175 trn, —-non performing loans N115.3 ‚Äîaccounts for 30 % of loans, —- 45…