To say the last 12 months have been momentous for the country is certainly stating the obvious. From telecoms, to manufacturing, agriculture, fiscal policy, services to the formal and informal sectors, the nation’s economic managers sure had a lot of issues to ponder about in terms of regulation, policy initiatives, challenges and lessons learnt. Read […]
Alhaji Aliko Dangote still maintains his spot as Africa’s richest man according to Forbes Magazine. The magazine disclosed that as at January 11, 2019, the 61-year-old was worth $9.9 billion. Read more
The Nigerian National Petroleum Corporation (NNPC) has indicated it will meet up with the December 2019 deadline proposed by the federal government to end the importation of refined petrol into Nigeria. Read more
The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Professor James Momoh, has projected that about N200 billion would be required to close the huge metering gap in the electricity industry. Read more
Hints about Teleology Holdings’ pulling out from the operations of 9mobile as the preferred bidder has emerged. Read more
The nation’s stock market continued its downward trend as investors recorded more losses at the end of trading on the floor of the Nigerian Stock Exchange on Monday. Read more
The Petroleum Products Pricing Regulatory Agency on Monday declared that it was wrong to state that the Federal Government was paying subsidy on Premium Motor Spirit, popularly called petrol, as there was no provision for subsidy in the past three years. Read more
Barely, two months after Teleology Holdings received approval to take over the operations of 9mobile as the preferred bidder, Teleology Holdings has expressed its dissatisfaction with the business relationship with its local partner, 9mobile Nigeria, and has decided to pull out from the 9mobile project, THISDAY has learnt. Read More
The stock market remained bearish in the first week of 2019 as investors continued to adopt cautious trading following persistent political jitters ahead of general elections next month. Read more
Some statements repeatedly find their way into public discourse. People hardly verify them, and no one questions them. Read more
THE insurance companies in Nigeria and Africa have not been performing well enough when compared to their counterparts in the global space, what is the reason? Read more
Nigeria literally threw N197 billion into the flames in the first nine months of 2018, representing the value of gas flared during the period. Read more
Ladies and Gentlemen, when the current Management of the Bank of Ghana took office in early 2017, the banking sector was faced with many challenges. We inherited a financial system which was under a considerable state of distress, with banks that were not meeting the capital adequacy requirement and others whose capital was eroded with […]
There have been interesting events in the political terrain in the past few weeks, but the one that has gained unnecessary attention was this allegation by Alhaji Abubakar Atiku, presidential flag-bearer of the opposition Peoples Democratic Party, (PDP) that the president, Mohammadu Buhari and his family own shares in Etisalat and Keystone Bank. Read more
The Nigerian government said it had filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni in a commercial court in London on Thursday in relation to a 2011 oilfield deal. Read More
Doha: Qatar Airways continues to march ahead as the award-winning airline plans to add 15 new destinations to its network next year. The national carrier of Qatar also plans to receive 36 new aircraft in 2019, according to Akbar Al Baker, Group Chief Executive Officer, Qatar Airways. Read more
The Senate Committee on Gas Resources and the Nigeria National Petroleum Corporation (NNPC), on Thursday, said no 1.05 billion dollars is missing from the Nigerian Liquefied Natural Gas (NLNG) dividend account. Read more
The National Bureau of statistics (NBS), says the Consumer Price Index (CPI), which measured inflation increased to 11.28 per cent (year-on-year) in November from 11.26 per cent recorded in October. Read more
Access Bank (Ghana) has announced the appointment of Olumide Olatunji as its new Managing Director, effective December 5, 2018. Read more
Investors in the nation’s equities market lost N27.89bn as the market dropped further on Wednesday. Read more