By Omoh Gabriel The federal Government in its bid to remove subsidy from the down stream petroleum sector envisaged some sectoral intervention…
Category:
Finance
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FinanceNews
Banking crisis stalls privatisation as prefer and reserve bidders for SACHOL can not raise funds
The impact of the Central Bank of Nigeria‚Äôs banking reforms has started taking its toll as the federal government agency saddled with…
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By Omoh Gabriel Indication emerged yesterday that some of the foreign investors approached by the CBN to take equity stake in the…
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By Omoh Gabriel Detained bank chiefs yesterday disclosed that the Economic and Financial Crime Commission operatives are asking each of them to…
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By Omoh Gabriel Bankers yesterday volunteered more facts as to why bank Managing Directors and their executive directors were sacked. The pointing…
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By Omoh Gabriel Chairman of the Economic and Financial Crimes Commission(EFCC), Mrs Farida Waziri, said yesterday that there was no discrepancy between…
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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…
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*N1.1 trillion bad loans *Liquidity ratio below minimum *Over reliance on interbank and CBN borrowing ‚ÄúI am satisfied that these five institutions…
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By Omoh Gabriel, Business Editor The Central Bank Governor Sanusi Lamido Sanusi on Friday made good his threat to remove banks Managing…
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By Omoh Gabriel Indication emerged from the Presidency weekend that the government may deregulate the oil sector starting from August. Source say…
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By Omoh Gabriel Ogun state Governor Otumba Gbenga Daniel yesterday said that the state was going to the capital market to raise…
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FinanceNews
BMI: Nigeria transport sector needs $100 bn investment, predicts total transport value at $12.8 bn by 2013
Omoh Gabriel Business Monitor International, a London based research institution has predicted that Nigeria transport sector will grow by 6.4 per cent…
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By Omoh Gabriel Thirteen out of the twenty four banks operating in the country have been listed in the Global 1,000 bank…
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By Omoh Gabriel Thirteen out of the twenty four banks operating in the country have been listed in the Global 1,000 bank…
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By Omoh Gabriel, Business Editor Nigeria is country of circles. The land scape, whether political, social or economic is rept with circuital.…