By Omoh Gabriel LAGOS ‚Äî Managing Director/CEO Global Fleet Energy and Chairman NICON Group, Barrister Jimoh Ibrahim yesterday urged President Umaru Yar‚ÄôAdua…
Finance
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By Omoh Gabriel Nigeria has been described as a future investment destination in Africa, according to a survey report released in London…
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Royal Dutch Shell declared force majeure on its Bonny Light shipments, while Nigerian crude was taken in two tenders on Thursday, traders…
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By Omoh Gabriel When the global financial melt down started mid last year, it was widely believed that the toxic assets in…
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FinanceNews
Does it bother you that your financial assets may go down in value because of the broader financial meltdown?
By Omoh Gabriel, AS the global financial melt down takes its toll on companies‚Äô share value, financial instruments and in recent time…
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By Omoh Gabriel, Group Business Editor 2009 is probably a year that Nigerians will be made to pay for the lack of…
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FinanceNews
Financial melt down: G20 urges IMF/World Bank to sustain the momentum of infra-structure investment for development in low income countries.
By Omoh Gabriel The ministers of Finance and Central Bank governors of the Group of 20 emerging economies that met in Brazil…
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By Omoh Gabriel The 14th Nigeria Economic summit has outlined the various huddles on the way of Nigeria’s bid to becoming one…
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Lots of resources now tied up in the central bank, Capital releases made that are not spent —– Muhtar At the ongoing…
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The development committee of the World Bank meeting held, and as the name goes, What dominated most of the Development committee meeting…
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FinanceNews
Global financial melt down no solution in sight, US investor loses $8.3trn, how safe is Nigeria foreign reserve.
By Omoh Gabriel Investors in stocks the United States of America have lost a total of $8.3trillion since the financial crisis that…
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By Omoh Gabriel Getting to meet Dr. Ngozi Okonjo-Iweala in Washington during the IMF/World Bank meeting was an herculean task. Even though…
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By Omoh Gabriel As the global cash crunch bit harder and claims more banks Finance ministers from leading industrialised nations have pledged…
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By Omoh Gabriel, Nigeria delegation to this year‚Äôs IMF/World Bank annual meeting has presented Nigeria worsening power supply problem to the Bank…
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FinanceNews
US Senate approves $700 billion financial rescue plan – revised bill includes increased bank insurance, tax breaks
By Omoh Gabriel The US Senate yesterday approved a revised $700 billion U.S. plan to stabilise the financial industry and kick-start credit,…