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ELAN: Galvanizing engine for automotive industry

ELAN: Galvanizing engine for automotive industry

By Andy Nssien Business Editor   Nigerians woke up one morning to face the stark reality that the “Tokunbo’ cars which had been the hope of the poor getting a…

Stemming tide of unclaimed dividends

Stemming tide of unclaimed dividends

By Andy Nssien Business Editor   Unclaimed dividends in the coffers of quoted companies  hit an all time high  of N60 billion as of December last year and is still…

Stock market staging a come back

Stock market staging a come back

By Andy Nssien Business Editor   Shareholders in Transnational Corporation of Nigeria Plc (Transcorp) are striking it rich, carting home returns as much as 1076 percent.  This is because, the…

Optimising fortunes of Nigeria’s Sovereign Wealth Fund

Optimising fortunes of Nigeria’s Sovereign Wealth Fund

By Andy Nssien Business Editor   In many parts of the world, Sovereign Wealth Fund (SWF) has become  an effective tool to transform the economic landscape and development aspirations of …

Jigawa has benefitted from privatisation – Sagagi

Jigawa has benefitted from privatisation – Sagagi

Dr. Muhammas Sagagi is the Director- General, Jigawa State Advisory Council on Economic Management and Investment Promotion. He tells SPECIAL CORRESPONDENT, Chibunma Ukwu, the privatisation efforts of the Governor Sule…

There is need to re-define institutions for regulation – ELAN boss

The revised guidelines for finance companies operating in the country was released recently by the Central Bank of Nigeria.  At the stakeholders forum held in Lagos, participants  bared their minds…

OPIC boss charges builders on professionalism

The Nigeria Institute of Building (NIOB) has been charged to continue to re-orientate young artisans in the building sector to always exhibit competence in any given task. The Special Adviser…

Boosting capital market of our dream

Boosting capital market of our dream

By Andy Nssien / Business Editor Last year, Nigeria’s stock market ranked amongst the top ten performers in the world and outperformed other African markets. Prospects for this year have been…

BDC recapitalisation: NASS moves to test Emefiele’s will

BDC recapitalisation: NASS moves to test Emefiele’s will

By Kingsley Ighomwenghian Deputy Editor   The basic indicators of the Nigerian Stock Exchange (NSE) closed in the month of June on a positive note, helped by blue-chip stocks such…

ATM hiccups: CBN moves against banks over non-dispensed funds

ATM hiccups: CBN moves against banks over non-dispensed funds

By Kingsley Ighomwenghian Deputy Editor   Mrs Adesola (not real name), a customer at the Jibowu, Yaba, branch of First Bank was at the Automated Teller Machine (ATM) of Skye…

Experts laud Emefiele over job creation, bank supervision plans

Experts laud Emefiele over job creation, bank supervision plans

By Kingsley Ighomwenghian Deputy Editor   Reactions have continued to pure in, as analysts and experts dissect the programme of action unveiled by the new Governor of the Central Bank…

Strife across Africa threaten AfDB’s GDP growth projections

Strife across Africa threaten AfDB’s GDP growth projections

By Kingsley Ighomwenghian Deputy Editor The African Development Bank (AfDB), opened its 2014 annual meetings penultimate week in Kigala, capital of Rwanda, publishing its Economic Outlook for the continent, chief of…

Should the naira be devalued?

Should the naira  be devalued?

In this week’s article, we shall discuss the impact of a weaker exchange rate on various sectors of the economy, and also consider whether or not naira devaluation is imminent…

Again, CBN, NDIC move against predatory debtors

Again, CBN, NDIC move against predatory debtors

By Kingsley Ighomwenghian / Deputy Editor When the Central Bank of Nigeria (CBN) under the then newly appointed Lamido sanusi opted to publish the names of the biggest debtors of Nigerian banks,…

CBN, NIBSS, banks take war against fraud, identity theft to new level

CBN, NIBSS, banks take war against fraud, identity theft to new level

By Kingsley Ighomwenghian  / Deputy Editor Stakeholders in the nation’s banking industry are set to take the fight against various forms of fraud, including identity theft and cloning to the next…

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