Business & Economy

It is a popular joke that a carpenter of a developed country becomes an engineer when he comes to any project in a third world country. Those statements sum-up the …

Now that greed and corruption of a few for the benefit of a few have wrought destruction of global magnitude, it is now the case that there is an onset …

In Nigeria, there is little that differentiate the government’s sources of revenue and expenditure from that of the elite in the helm of affairs. In fact, they are one and …

Nigerians were angry that Cecilia Ibru got off as light as she did.  Over the past few months, she was vigorously pursued by the EFCC on allegations of abuse of …

On October 1st 2010, Nigeria celebrated her 50th independent anniversary, while the euphoria among the “high and mighty” is still at its peak, and the nostalgic feeling among average Nigerians …

Nigerians have in the past one month witnessed with steadily growing alarm a heightening desperation exhibited by politicians in their bid to control the country’s federal government in the next …

News that the International Monetary Fund (IMF) and World Bank have classified African economies as recording fast growth and could become growth drivers for the entire globe hit the air …

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. …