Banks’ 10 percent exposure deadline plunges share prices
•AMCON board nomination brings temporary reliefThe rush by banks to meet the deadline for reducing their exposure to the capital market, and for collecting all margin loan-related debts have continued to plunge the share prices of the troubled capi
Nigerian banks, ETI are target as HSBC bid to win big in Africa
•HSBC needs more than Nedbank to succeed in AfricaHSBC will need more than just a controlling stake in South Africa’s Nedbank if Europe’s top lender aims to be a serious player on the fast-growing African continent.
Arik Air loses billions as NAMA grounds its operations
•Thousands of passengers stranded •Charges illegal - Arik •Resumes normal operation
Oyo, Osun lobby NUC not to withdraw LAUTECH’s licence
Oyo and Osun, owners of Ladoke Akintola University of Technology, are lobbying the Nationa
Floods kill three, displace thousands in Katsina, Jigawa, Zamfara, others
Heavy rains in recent weeks have killed at least three people and displaced thousands in t
Nigeria embarks on vast free trade zone with China
Nigeria is building a multi-billion dollar free trade zone with Chinese investors on the e
IBB, at PDP secretariat, says relationship with Jonathan cordial, presidential bid belongs to God
Former military leader, Ibrahim Babangida, on Wednesday said his good relationship with Pr
Key political risks to watch in Nigeria
Nigeria is due to hold elections in four months but uncertainty remains over whether Presi
Group petitions presidency, flays 35% import duty on cement
…says a bag could cost N3, 000 in DecemberCement New Entrants Forum of Nigeria on Wednes
FG asks teachers to shelve planned strike action
Emeka Wogu, minister of labour and productivity, on Wednesday pleaded with the leadership
Retail banking amidst recovery
In the immediate aftermath of every banking crisis, the type we have seen in Nigeria in the last one year, two things happen. First, banks become cautious lenders. Second
Polytechnic community declares war against corruption
Corruption has been blamed for the nation’s economic backwardness, amidst the enormous human and natural resources that abound in the country. To address this ill and
How I moved from trading to manufacturing – Beloxxi Industries CEO
Obi Ezeude is president/chief executive officer, Beloxxi Industries Limited located in Agbara Estate, Ogun State . Beloxxi, a biscuit and sweet manufacturing company, was‘Genuine commitment to fair customer service will deepen market penetration’
For the nation’s insurance industry to achieve its market penetration and grow its revenue to compete favourably in the global market, stakeholders, including operDespite Nigeria’s huge market, French firms reluctant…
…Want Nigerian representativesDespite Nigeria’s huge market potentials to attract foreign direct investment, some foreign companies, mainly from France, stil
APM Terminals constructs N87.8m new rail line at Apapa Port
…Set to relieve the roadsAPM Terminals Limited, the operator of Container Terminal at the Lagos Port Complex, Apapa, has constructed new rail line at the cost of N8
Black Egypt:Rehabilitating the self-image of the Black African (4)
Having exhaustively demonstrated that the Pharaonic Egyptians were black, Senegalese scholar Cheikh Anta Diop argued that “the moral fruit of [Egyptian] civilization is
NDLEA nabs 646 drug offenders in Kano
Kano State Area Commander of the National Drug Law Enforcement Agency (NDLEA), Haruna Kwetishe, has called for collective action by major stakeholders in tackling the ups
Alternative Exchange as panacea for SMEs’ illiquidity problem
All over the world, capital markets are a viable way of increasing financing options for small and medium enterprises (SMEs) and would ultimately serve to develop both th
Africa's oil exporters need to enhance growth through diversification - Report
… Lists continent's five largest consumer markets in 2020
Africa's oil and gas exporters, especially the three largest producers - Algeria, Angola, and Nigeria are s
Credit drought in the midst of high liquidity
What is happening in the banking segment today with regards to the real sector is not new to Nigeria, and indeed Nigerians. After all, there is agonising poverty in the m
‘Education standard remains ignored factor in Nigeria’
It’s no longer news that the standard of education in the country has fallen below standards. Taking a critical look at the nature of our dear country and its fledgling
Electricity supply draining airports’ revenue - Benin Airport manager
Even as airports across the nation continue to beg for attention, a major problem draining the revenue portfolio of these airports is power. Ben Obule, manager of Benin A
Companies' manhunt for creative agencies looks up
In Europe, the rate at which companies search for creative agencies seems to be on the up swing. As the year draws to a close, more and more companies are appointing new
Significance of the role of a Director
Examining the need for directors to take their roles seriouslyThe very important roles that the Directors of a company play in a company’s success or failure, whic
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"The United States and Nigeria in 2010: A Time for Friendship, Partnership, and Renewal" |
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The plague called political prostitution |
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