Nigerians were stunned last week when the Chairman of the Senate Committee on Local and Foreign Debts, Senator Ehigie Uzamere disclosed that Nigeria’s total debt now stands at $39.72 billion (N6.02 trillion). Out of this amount, exter...
Chris Ugwu examines Commodity Exchange as an alternative investment window in a depressed equity market. Investors’ new appetite to have their investment portfolio in the market diversified is no doubt occasioned by the continued depletion...
In order to significantly cut down on the N1.6 trillion cash transaction yearly, the Central Bank of Nigeria (CBN) is set to roll out about 150,000 point of sale (PoS) terminal by the end of December 2012. CBN governor, Lamido Sanusi said an effi...
Miffed by the low investors’ confidence in the nation’s capital market, Bauchi State Gevernor, Isa Yuguda has stressed the need for public and private Stakeholders to ensure that confidence was restored in the fledging market. ...
Lafarge Wapco Cement Nigeria Plc is targeting a turnover of N18.65 billion during the forth quarter ending December 31, 2011. The company also forecasts a profit after tax of N1.02 billion during the last quarter of the year. Lafarge had re...
In a bid to restore stability and liquidity in the nation’s equity market, a market analyst has called on the Nigerian Stock Exchange to lobby the federal government to push for mandatory listing of major government owned enterprises in the ...
Trustfund Pension, one of the leading Pension Fund Administrators (PFAs) at the weekend declared profit after tax of N215 million for the year ended December 31, 2010, compared to N307 million in 2009. Speaking at the Annual General M...
All government agencies still foot-dragging after being ordered by a recent presidential directive to quit the nation’s ports and related border points, over the weekend, got final marching orders to comply within seven days. The Minister o...
President Goodluck Jonathan yesterday appealed to Nigerians to join hands with him in the effort to transform Nigeria. The President who made this appeal in Abuja said that his administration was committed towards building a country that children...
Former President Olusegun Obasanjo has called for collaborative efforts among African countries,saying that the polling of ideas and resources by leaders will make them avoid mistakes of the past. Obasanjo who spoke during a private dinner organi...
The Governor of Borno State, Kashim Shettima, has assure the people of the State that this administration would do everything possible to provide the citizens with more dividends of democracy in the areas of health care delivery, housing, poverty allev...
Former Super Eagles coach, Samson Siasia has explained his decision to seek court redress over his dismissal by the Nigeria Football Federation as coach of NigeriaHe also reflected on the game that cost him his job, Nigeria’s 2-2 draw with Guinea...
Former captain Stephen Keshi was announced as the coach of the Super Eagles on Wednesday by the Nigeria Football Federation- NFF, following Samson Siasia’s sack for failing to qualify the Super Eagles for the Nations Cup next year for the first t...
Manchester United gave Sir Alex Ferguson the victory he would have wanted above all on the day he celebrated 25 years in charge of the club, but it was not the emphatic result some might have expected as a Wes Brown own goal proved the difference in a ...
Vegefresh Company Limited, a wholly indigenous farm facility development and management company and the National Institute of Horticultural Research (NIHORT) at the weekend entered into a memorandum of understanding aimed at boosting tomato production ...