> Hallmarknews | Nigeria's news site, first in Politics, Business, Finance and Entertainment

Stakeholders lament thriving corruption, low revenue in Customs

By FUNSHO OLOJO In August, 2015, when President Mohammed Buhari announced the appointment of Col. Hameed Ali (ertd) as the Comptroller –General of Nigeria Customs Service, industry stakeholders were More...

| Published 3 days ago

Stakeholders lament thriving corruption, low revenue in Customs

By FUNSHO OLOJO In August, 2015, when President Mohammed Buhari announced the appointment of Col. Hameed Ali (ertd) as the Comptroller More...

chris-ngige-1

High unemployment signposts deeper economic woes

  FELIX OLOYEDE A rising unemployment rate estimated at 19 per cent up from 13.3 per cent at the end of the second quarter of More...

bdc-3

Rising withdrawals worsen banks’ liquidity

OKEY ONYENWEAKU Jitters have gripped Nigerian Banks over current lack of liquidity which has pervaded the financial industry. This, More...

unity

Banks face fresh capital challenges

  … CBN May intervene in Unity Bank Okey Onyenweaku Fears have emerged that Nigerian Banks may be heading for systemic distress, More...

senator-udoma-udo-udoma-hmbnp-addressing-the-mgt-staff-during-assumption-of-office-at-budget-and-national-planning

Udoma: Economic Summit will Revamp Nigerian Economy

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has assured Nigerians that the 22nd Nigerian Economic Summit, More...

buhari-worried

Challenges: I prayed to be President, so I can’t complain – Buhari

  President Muhammadu Buhari has said that considering how hard he prayed to become the President of the country, he cannot complain More...

mtn-2

MTN denies paying bribe for NCC fine reduction

Telecommunication giant, MTN, on Friday denied reports it gave bribe for the reduction of the N1.04 trillion fine slammed on it by More...

car-1

Nigeria loses N800bn to auto policy

  The President, Shippers Association, Lagos State, Mr Jonathan Nicol, has said that the Federal Government had lost about N800 More...

UBA Wins Big at Finacle Client Innovation Awards

  United Bank for Africa has continued to receive accolades and global recognition for its  commitment to the use of cutting-edge technology to provide simple and convenient More...

BBOG kicks against moves to hijack group

The BringBackOurGirls (BBOG) group has condemned in strong terms what it describes as an attempt to smear its reputation built over the years following information reaching it More...

UBA Grows Profit Before Tax by 7 percent In Nine Months

UBA Grows Profit Before Tax by 7 percent In Nine Months     United Bank for Africa Plc has announced its nine months results ended September 30, 2016. The pan-African More...

Chief-Goddy_Uwazurike1

Nigerians should expect more suffering under Buhari — Uwazurike

Chief Goddy Uwazurike is the President General of Igbo think tank group, Aka Ikenga and a key member of the 2014 National Conference. In this interview with Business Hallmark’s More...

Collapsing economy reinforces campaign for true federalism

Compelled by the seemingly unworkable structure of the Nigerian Federation, former President Goodluck Jonathan convened a National Conference in 2014 to address the country’s More...

Nigerians lament economic hardship, high cost of living

Lagos-begging

These are not the best of times for Nigerians especially those whose incomes are fixed. Their N18, 000 minimum wage can barely More...

Nigerian youths commend lawmaker on Naija Green Card initiative

passport-1

Students of tertiary institutions across the nation and the National Youth Service Corps members have commended More...

banire Domestic violence: Lawyer calls for training of health personnel

A legal practitioner, Muiz Banire (SAN), has called for more training for health workers in responding...

death Abuse of paracetamol can kill you or your kidney, liver

Overuse of Paracetamol, an analgesic- drug used to relieve pains and fever can kill the kidney,...

fertility-section How does a couple know if they are infertile?

Not every couple who seems to be struggling with achieving pregnancy is infertile in medical terms. ...

Guinness Plc: Poor quarterly results, year-end  jitters

2015_12_18_54778

Year to date, the company’s price has tumbled 22% dropping from N120.40 in January to N94.00 in September More...

Stock market in danger over high interest rate

The Central Bank of Nigeria’s recent 200 basis point hike in Monetary Policy Rate (MPR) from 12 per cent to 14..

NCC fine drags MTN to first interim loss

Africa’s biggest mobile phone operator MTN Group Ltd cut investor payouts by almost 50 per cent as it reported its first-ever..

Fidelity Bank grows revenue by eight percent

Nnamdi Okonkwo

Fidelity Bank grows revenue by eight percent …offers N4.6bn as dividend payout In an unpalatable operating More...

Minister suspends airport officials, orders probe into Turkish Airlines fiasco

The Minister of State for Aviation, Sen. Hadi Sirika, has ordered the suspension of three top officials of Nnamdi Azikiwe International..

South African filmmakers woo Nigerian counterparts

The Consul-General of South African High Commission in Lagos, Amb. Mokgethi Monaisa, has expressed the desire of his country’s filmmakers to..
Analysis

How to revitalize your brand

When a brand gets to maturity stage and nothing is done to rejuvenate it, once it enters the decline stage, it..
Murtala-Muhammed-International-Airport

Cartel hiked aviation fuel to defraud Nigerians — Airlines

The Airline Operators of Nigeria (AON) has blamed scarcity and persistent increase in the price of aviation fuel on a powerful..
Sunday Oliseh

Super Eagles coach, Sunday Oliseh, announces resignation…, His resignation is good riddance to bad rubbish — NFF

  Super Eagles coach, Sunday Oliseh, announces resignation .            His resignation is good riddance to bad..

Subscribe for Newsletter

[sibwp_form]

Take a Poll

Recent posts

  • Stakeholders lament thriving corruption, low revenue in Customs

    By FUNSHO OLOJO In August, 2015, when President Mohammed Buhari announced the appointment of Col. Hameed Ali (ertd) as the Comptroller –General of Nigeria Customs Service, industry stakeholders were divided in their opinions on the propriety of such appointment. While majority of the stakeholders, mainly Customs brokers, who were grief-stricken by the sudden turn of […]

  • Against the odds: The amazing success story of GT Bank

    Okey Onyenweaku Pushing back against a worsening economic recession, GT Bank Nigeria’s most highly capitalised financial institution has managed to sustain strong operating earnings. It’s Profit after tax (PAT) for the third quarter of 2016 rose by 59.6% rising from N75.2b in 2015 to N119.9b in 2016. The upward flip in earnings bucked a downward […]

  • High unemployment signposts deeper economic woes

      FELIX OLOYEDE A rising unemployment rate estimated at 19 per cent up from 13.3 per cent at the end of the second quarter of the year is raising concerns amongst policy makers and analysts alike that the federal government’s efforts at reviving the national economy is hitting a brick wall. A number of economists […]

  • Rising withdrawals worsen banks’ liquidity

    OKEY ONYENWEAKU Jitters have gripped Nigerian Banks over current lack of liquidity which has pervaded the financial industry. This, industry analysts, believe could worsen the already existing mountain of challenges facing the struggling Deposit Money Banks, especially presently. BH investigations revealed that many banks may be finding it difficult to meet their financial obligations to […]

  • How the Current Cocaine Drug Trade Is Affecting West Africa

    Story by Sharon Therien  | There is a long history of illegal cocaine moving from South and Central America to North America, yet within the last couple of decades, the trade has at least in part been shifting to Europe by means of West Africa. Plans may be bringing more of a drug presence to […]

  • Banks face fresh capital challenges

      … CBN May intervene in Unity Bank Okey Onyenweaku Fears have emerged that Nigerian Banks may be heading for systemic distress, reflecting gross undercapitalisation. Local Deposit Money Bank’s (DMB’s)banks appear in dire need of fresh money to augment massively eroded capital bases. A Dubai-based international investment bank, Arqaam Capital first raised the alarm and […]

  • Recession:  Fears heighten over economy

      .          Nigerians doubt Buhari’s ability to restore confidence   The Federal Government of Nigeria has been grappling with the issues of the economy in the last 18 months. But there appears not to be any clear road map on where the economy is headed. Unfortunately, the economy reeled off in […]

  • UBA Wins Big at Finacle Client Innovation Awards

      United Bank for Africa has continued to receive accolades and global recognition for its  commitment to the use of cutting-edge technology to provide simple and convenient banking solutions and services to its customers. The pan African banking Group was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in India […]

  • BBOG kicks against moves to hijack group

    The BringBackOurGirls (BBOG) group has condemned in strong terms what it describes as an attempt to smear its reputation built over the years following information reaching it of an event tagged: ‘Official Inauguration and Signing of Memorandum of Understanding (MOU) on the Chibok Girls Endowment Project’. In reaction to the alleged meeting of BBOG and […]

  • UBA Grows Profit Before Tax by 7 percent In Nine Months

    UBA Grows Profit Before Tax by 7 percent In Nine Months     United Bank for Africa Plc has announced its nine months results ended September 30, 2016. The pan-African banking group, reported a profit before tax (PBT) of N61.55 billion, showing an increase of 7.3 per cent above the N57.366 billion posted in the […]

  • Detained judges released as Nigerians kick

        The State Security Service has released all the judges arrested during a nationwide sweep between Friday and Saturday. Their release came after many Nigerians, Nigerian Bar Association, activists among other bodies who believe that the gestapo style of arrest was unlawful and criminal.   Sources in the agency said all the seven judges […]

  • Udoma: Economic Summit will Revamp Nigerian Economy

    The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has assured Nigerians that the 22nd Nigerian Economic Summit, which opens today in Abuja, will address issues and generate debates targeted at revamping the Nigerian economy. According to him, the summit would begin with presidential dialogue at the opening ceremony, followed by a roundtable […]

  • Challenges: I prayed to be President, so I can’t complain – Buhari

      President Muhammadu Buhari has said that considering how hard he prayed to become the President of the country, he cannot complain about the challenges facing the country. Buhari was quoted in a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, as saying this while briefing Nigerian professionals in the United […]

  • MTN denies paying bribe for NCC fine reduction

    Telecommunication giant, MTN, on Friday denied reports it gave bribe for the reduction of the N1.04 trillion fine slammed on it by the Nigerian Communications Commission. The NCC had slammed the N1.04 trillion fine on MTN in October 2015 after the operator failed to disconnect about 5.1 million subscribers it registered improperly on its network. […]

  • Nigeria loses N800bn to auto policy

      The President, Shippers Association, Lagos State, Mr Jonathan Nicol, has said that the Federal Government had lost about N800 billion to the auto policy on imported vehicles. The 70 per cent tariff and levy on imported vehicles which took effect in 2015, had reduced vehicle imports by more than 50 per cent. Nicol on […]

  • Budget padding: Jibrin shuns Ethics Committee hearing

      The House of Representatives Committee on Ethics and Privileges on Friday commenced its investigative hearing into the allegations levelled against the former Chairman of the Appropriations Committee, Abdulmumin Jibrin. The Chairman of the Committee, Nicholas Ossai, presided over the session, but Jibrin was not present at the hearing. This comes barely 48 hours after […]

  • Recession: Governors defend Udoma, Adeosun

    Governors on Thursday passed a vote of confidence on the Minister of Finance Mrs. Kemi Adeosun and her counterpart, Minister of Budget and National Planning, Senator Udoma Udo Udoma concerning the accusation from the National Assembly over the current economic crisis that the country is in. The governors argued that the ministers were not responsible […]


Got news for us?
Please wait...

Subscribe to our newsletter

Enter your email address and be the first to know when our article is published.