Business & Economy

Last week, the anti-corruption crusade in the financial sector scored a big one as Cecilia Ibru, former chief executive of Oceanic Bank International crumbled under the fire power of Central …

The circumstances surrounding the scandalous acrimony between the executive and legislature in Ogun State over the N500 billion bond, which the state government is seeking, have raised pertinent questions…

With preparations for the 2011 general elections gradually gathering momentum, it is increasingly becoming clear that all facets of national life will be affected before, during and after the elections…

ATM frauds have become incessant in Nigeria, as is worldwide, but the menace is more pronounced in our new generation banks…

There are daily reports of how Nigerian banks rip off their customers through various charges and practices. And, repeatedly, these customers complain and cry out for appropriate regulatory intervention. Unfortunately, …

Since the global economy witnessed a recession in 2007, Nigeria’s economy has been surrounded by a distressing cloud of uncertainty, although it was not directly hit by the causative factors. …

Since Arunma Oteh assumed office as director-general of the Securities and Exchange Commission last year, she has made no secret of her determination to embark on a crusade to sanitise …

Share investors and other stakeholders in Nigeria’s stock market have long been claiming that their accrued dividend does not give them the corresponding returns…

Before Sanusi’s advent at the CBN, many of the rating agencies showered encomiums on a good number of Nigerian banks including the ones that failed the apex bank’s stress test. …

Nigeria’s economy is churning along after the problems of liquidity and banking sector meltdown that nearly crushed the financial market. The economy is progressively in recovery and it looks like …

Investors should be wary of the antics of banks and scrutinise their results and body language thoroughly before staking their money because the banks are still very far from full …

Commercial bank lending to small enterprises in Nigeria has slumped considerably despite sustained Central Bank of Nigeria efforts to support the sector…

With its footing in west Africa, Camac Energy, Inc. may not only have to rely on its operation in Oyo Oilfield, but it can also bid for oil exploration  licenses …

China is a big player in Africa and Nigeria in particular especially in oil and gas industry. China has a history of trying to consolidate the deal to refurbish Nigerian …

Nigeria is making a bold but calculative move to establish a sovereign wealth fund. The Acting President of Nigeria Goodluck Jonathan has asked his economic team to make the requisite …

The Governor of the Central bank of South Africa, Gill Marcus, has proven herself a pragmatic free market banker…