Anxiety mounts as Naira dips suddenly
Anxiety is rising in business circles in Nigeria following last week’s sudden depreciation of the Naira and leading business people are wondering if the drop signaled a change in Central Bank position on the local currency.The Naira reached an all-
Investors adopt due diligence on companies to curb future losses
Reeling under the current burden of loss at the nation’s capital market estimated at ove
Jos death toll rises
• Mark, Bankole call for stiffer punishment for perpetrators. The death toll arising fro
Reps pass bill on new accounting standards body
The House of Representatives has finally passed the Financial Reporting Council (FRC) BillGaslink completes N7bn pipeline expansion
...As industries will now cut production cost by 5 percent. Industries in Lagos, especially those in Apapa area of Lagos, are now positioned to cut their expenditure on p
Coconut water, an investor’s delight
A palm tree family product that can compete in the world’s US$10 billion market. Last week, we brought you the coconut-oil story, a palm tree family product that is a m
Poor technology, manpower, bane of customer service
Stakeholders in the Customer Service and Contact Centre operations in Africa have identified inadequate infrastructure and poor manpower development as the biggest
Staco names board for Sierra-Leone’s subsidiary
Staco Insurance plc has inaugurated the Board of Directors for its subsidiary company, Staco Insurance Sierra-Leone Limited.
The Staco Sierra-Leone board is comprised of
Farmers to access N10 billion rice fund -Agric Minister
Rice farmers will begin to access the N10 billion rice development fund, announced by the Federal Government before November ending, says Minister of Agriculture and Wate
Shipping companies’ carpeted over delays in container deposit refund
Nonchalant attitude of shipping companies’ staff and their demand for gratification before carrying out their duties have been identified as some of the causes of delay
Will the CBN defend the Naira?
I thought I should ask where is the budget in this piece but changed my mind. Not because I thought the delay was necessary, but because I would have been so scathing
Union Bank allays fears over foreign placement of shares
Union Bank of Nigeria plc, yesterday, assured shareholders that there will be no hostile takeover by foreign investors through its proposal to raise additional capital by
Indicators declines further as stocks tumble
Trading activity on the stock market last week continued on a bearish trend as a turnover of 1.8 billion in 44,762 deals was recorded, in contrast to a total of 2.41
Budget delay, a matter of blessing or financial indiscipline?
Many of those who dared to speak out on the delay in the presentation of next year’s budget may have tacitly endorsed the delay as being after all necessary, wh
Government advised to cut expenditure over falling oil price
The president of Association of National Accountants of Nigeria (ANAN), Samuel Nzekwe, has advised government to strategically cut recurrent expenditures as internationa
Firm to build 11,000 houses in Kano, Sokoto, Borno, 8 others
A private firm, FramanAgridev, is investing N300 billion for the building of 11,000 houses in 11 northern states. The states are Sokoto, Zamfara, Kano, Jigawa, Bauchi and
Tackling career issues (2)
Thanks once again for your feedback, As we approach a new year, I think its important we address some issues I come across in the day to day running of our national careeTRACON suffers fresh setback
The 18 months deadline given to Thales ATM of France by the Federal Government to complete the Total Radar Coverage of Nigeria (TRACON) may not be a reality as some of it
Crude Oil Price
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" A continuous fall in oil prices exacerbates growth and deficit risks. A protracted slowdown and continuous risks pose serious exchange and currency risk"
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