Naira Weakens to N166/$1 at Parallel Market
There seems to be no end in sight to the volatility suffered by the naira as it depreciated significantly against the dollar at the parallel market to close at N166/$1...
Lagos Targets N20bn Monthly Internally Generated Revenu
The Lagos State Government has disclosed that its target is to raise its monthly Internally Generated Revenue (IGR) from N18 billion to N20 billion. The Commissioner for Economic Planning...
Union Bank to Divest Non-banking Subsidiaries in 18 Months
Union Bank of Nigeria Plc at the weekend said it will divest its non-banking subsidiaries within the next 18 months in order to comply with the Central Bank of Nigeria...
FG Urged to Tackle Oil Theft
A former President of the Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, has expressed concern over the spate of oil theft in the country. He however...
Ecobank Opens Representative Office in Ethiopia
Ecobank Transnational Incorporated (ETI) at the weekend announced the opening of its Ethiopian representative office in Addis Ababa. This brings the total number of countries in Sub-Saharan Africa in...
Investors Await Listing of CWG on NSE
Strong indications have emerged that investors are awaiting the listing of leading pan-African Information Communications Technology (ICT) company, Computer Warehouse Group (CWG) on the Nigerian Stock Exchange (NSE) in November.z...
Corporate Governance to be Made Compulsory for Finance Sector Operators
The National Insurance Commission (NAICOM) has said the major regulatory bodies in the Nigeria’s finance sector were considering amalgamating the Corporate Governance codes existing in the respective sub-sectors in the...
Tukur: Young Turks Will Rule Nigeria Come 2019
The National Chairman of the Peoples Democratic Party (PDP), Alhaji Bamanga Tukur, has predicted that the future of Nigeria belongs to the youths, even as he urged them to start...
A Dialogue Mired in Controversy
The Monday Discourse The need for the different ethnic nationalities in Nigeria to redefine their co-existence through a national conference may have been necessary, but there seems to be...
Nigeria Loses N156 Billion Annually to Foreign Software
The Institute of Software Practitioners of Nigeria (ISPON) has estimated that the country is losing about N156 billion annually, due to heavy patronage of foreign software by Nigerians and multinational...