The personal sector is defined as that part of the economy made up of individuals and their incomes and expenditures, as opposed to those of private or public sector entities. It is arguable that this invisible sector is the largest since it is made up solely of the same individuals to be found in the […]
Channels TV’s Dateline Abuja speaks with the Executive Director of The Convention on Business Integrity, Mr. Soji Apampa on the renewed fight against corruption by the newly elected government.
Nigeria’s private sector does not need to indulge in the ancient art of tasseography to foretell that the emerging pattern of President Buhari’s anti-graft war carries a distinct prophesy for them as well. There is indeed a new Sheriff in town, and it is appearing more and more unlikely that it will remain business as […]
The UK Bribery Act, which came into force in 2011, reforms the UK Law with an intent to facilitate greater enforcement against corporations participating in public and private sector bribery. The offences for which corporations may be liable include offences of bribing and being bribed, bribing foreign public officials and the new corporate offence of […]
Could it be that President Muhammadu Buhari will be shown in the end to have been a wise old owl in his approach to restarting governance after a period of reckless spending by his predecessors? They left Nigeria in serious financial difficulty despite a decade of unprecedented levels of earning. He has now delayed the […]
As with every relationship, conflicts are an inalienable fact of life that also feature in boardrooms. A conflict in itself is not necessarily bad as it signifies that board members express independent thinking. It is in resolving conflicts that the rubber meets the road.
The Financial Reporting Council (FRC) of Nigeria has affirmed that the inclusion of not-for-profit Non Governmental Organisations(NGOs) in the National Code of Corporate Governance (NCCG) in the country is not for taxation purposes. Continue Reading
The Central Bank of Nigeria, CBN, says it will collaborate with relevant agencies to discipline anybody who is involved in foreign currency trafficking across Nigerian borders. The bank said this in a statement issued on Sunday in Abuja, signed by Ibrahim Mu’azu, the Director of Corporate Communications of the bank. Continue Reading
By May 29, 2015 when the Goodluck Jonathan administration expired, fuel queues had returned and people feared the worst for Buhari’s first few months in office. The people groaned under the last bits of Jonathan’s rule as Nigeria was slowly being brought to its knees by fuel importers with a score to settle with the […]
Vice President, Yemi Osinbajo, said it is not going to be business as usual in running the affairs of the country. He stated that anyone caught creating loopholes in order to siphon public funds would face the consequences. Osinbajo who made this known while speaking at the 3rd Annual Christopher Kolade’s lecture on business integrity […]
The 3rd series of the Christopher Kolade annual Lecture held in Lagos on June 25th, 2015.Evey year seems to be better than the previous, as this year, the success was quite overwhelming with the lecture being delivered by His Excellency, Prof. Yemi Osinbajo, SAN, GCON- Vice President, Federal Republic of Nigeria who used the opportunity […]
Corporate Social Responsibility (CSR) or corporate responsibility, sustainable development, global citizenship, corporate citizenship, values-driven business or whatever moniker is used is a contemporary business reality that is here to stay. The rise in global digital connectivity has increased stakeholders’ ability to scrutinize and punish companies who fail to meet expectations of corporate responsibility.
So far, our approach to combating corruption as a nation has failed because it doesn’t reflect the systemic, endemic and pervasive nature of the problem. For what is essentially a societal problem involving the private sector, public sector, civil society, and the public in general, we have charged only the public sector with curbing it […]
According to a new report entitled, ‘Africa: Rising for the few,’ by Oxfam, an international organisation working to provide solutions to poverty and injustice around the world, multinational organisations cheated Nigeria and its African counterparts of $11bn in 2010 through tax evasion. Continue Reading
FIFA president Sepp Blatter is to resign in the wake of the corruption scandal that has engulfed the world governing body. Continue Reading
Senators and members of the House of Representatives will go home with the operational vehicles of the National Assembly currently in their possession as the 7th Assembly winds down on Friday. Continue Reading
The national coordinator and founder of a non-governmental organisation (NGO), Green Shield of the Nation, Dr Kabir Abdulkadir Yan-Mama, has called on President Muhammadu Buhari to probe the N9.2 billion contract awarded by the former President Goodluck Ebele Jonathan government for importation of 750,000 cooking stoves from Germany. Continue Reading
Recently, the Code of Conduct Bureau, CCB, insisted that all public servants must declare their assets before leaving office. This new impetus has brought to the fore, the propriety or otherwise of the instrumentality of assets declaration to check corruption in the country. Continue Reading
The Economic and Financial Crime Commission (EFCC) said yesterday that it has concluded plans to arraign six top executives of the Central Bank of Nigeria (CBN) over their alleged role in an N8 billion scam involving the theft and re-circulation of defaced and mutilated currencies. Continue Reading