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, …
Business & Economy
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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. …
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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 …
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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…
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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. …
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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 …
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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 …
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Commercial bank lending to small enterprises in Nigeria has slumped considerably despite sustained Central Bank of Nigeria efforts to support the sector…
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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 …
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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 …
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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 …
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The Governor of the Central bank of South Africa, Gill Marcus, has proven herself a pragmatic free market banker…
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The National Economic Council made up of State Governors, relevant Ministers and the Presidency came out with a heartwarming resolution to formally create a National Sovereign Wealth Fund…
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Nigeria’s external debt is currently over $5 billion dollars. Many Nigerians will be surprised to hear that Nigeria is still an indebted nation after she exited from the debt of …
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In Nigeria, inflation rate remains high and is causing great pain and misery to much of the teeming population. It has increased steadily in recent times…
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The greatest threat and the major contributory factor in the undermining of a given economy and its currency is inflation…