Yes, the Federal Government should be allowed to borrow that money. This is not the same as the kind of debts we incurred in the past. The debts we incurred in the past were not […]
World Bank Group says it has an investment portfolio of about $8.5 billion scattered across states and regions in Nigeria. Olufunke Olufon, senior communications officer, World Bank Nigeria, said this in a statement issued in […]
Conoil is headed for a major drop in profit at the end of 2017 based on the company’s performance at the end of half year operations in June. Revenue growth remains constrained at well below […]
Gaza Jonathan, a member of the house of representatives from Nasarawa state, says the federal government broke the law by exporting yams. Jonathan said this on Wednesday while moving a motion on the floor of […]
Africa’s richest man and most successful industrialist, Aliko Dangote, on Moday revealed the secret of his business success: self-sufficiency and backward integration, a manufacturing strategy that extracts value from entire processes. “We are not going […]
This ancient market, situated in Dawaki town of Kanke local government area in Plateau state, has earned resounding fame across most parts of the North-east, North-west and South-south Nigeria as the country’s largest dog market. […]
drtayooke@gmail.com Despite numerous bank failures in the recent past around the world, and the grubby, shady deals regularly entered into by bankers, it is, by and large, a pretty respectable profession. It is one that […]
Telcomm Satellite TV (TStv) says its newly inaugurated pay TV, TStv Africa, will begin commercial operation on November 1. NAN reports that Bright Echefu, its managing director, made this known while briefing journalists on Saturday […]
Aminu Goronyo, national president, Rice Farmers Association of Nigeria, says in the next few months, a 50kg bag of rice will be sold at the rate of N6000. Goronyo made this statement on Wednesday on […]
Audu Ogbeh, minister of agriculture, says the US rejected yam exports from Nigeria because of their poor quality. In June, Nigeria exported yams to China, United Kingdom and US as part of efforts to reduce […]
Uber is a beautiful business with ugly stories. The ride-sharing business is fast, cheap and smart, but its global record contains sexual assault, murder and theft. In June, Los Angeles Times reported a bizarre story […]
The latest of the federal government debt instrument is the N100 billion Sukuk which followed a pattern of success story of the Debt Management Office (DMO) in its use of bonds to raise funds to […]
Peter Njonjo, president of the West Africa operation at Coca-Cola, says the company plans to spend $600 million on its new products by 2020. Njonjo explained that this is part of a global strategy of […]
Audu Ogbeh, minister of agriculture and rural development, says cows raised in Nigeria are the worst milk producers in the world. Speaking at the 79th anniversary of Ikoyi Club 1938 in Lagos on Thursday, he […]
Uber says it will stop operating in the Canadian province of Quebec if authorities push forward with plans to demand additional training of its drivers. Uber apologises after London ban and admits ‘we got things wrong’ […]
…at 21 percent going into the September meeting, the central bank’s policy rate is way too high, relative to the inflation outlook. That is, despite having cut rates by 450 basis points already this year. […]
A massive and clearly illegal multi-source funding of the federal government by the Central Bank of Nigeria (CBN) could drag the Nigerian economy to its knees, experts familiar with domestic monetary conditions and current happenings […]
Pay-TV service provider, MultiChoice Nigeria, has dismissed fresh reports saying it is about to make its services available via the Pay-Per-View model. In a statement issued in Lagos, the company said reports currently circulating and […]
The growing stability in the global oil market may work to Nigeria’s advantage, as the Joint Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC Ministerial Monitoring Committee, JMMC, on Friday extended the exemption granted the […]
The Nigerian government said on Tuesday that the reconstitution of the Investment and Securities Tribunal, IST was a practical step to sanitise the capital market, restore investors’ confidence and reposition the country’s economy. The Minister […]
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