(Editorial) Adeosun: Betrayed by a dysfunctional system

A fortnight ago, former Finance Minister Mrs. Kemi Adeosun, resigned her position following the report of an investigative panel into allegations of NYSC certificate forgery against her. The allegation had been earlier made by an online newspaper, Premium Times, and the nation was agog with speculations about it. Her resignation has been interpreted More...

by Olaolu Ayoola | Published 2 days ago
By Olaolu Ayoola On Sunday, September 23rd, 2018
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New banks fight for survival 

By Okey Onyenweaku A clutch of new financial institutions are beginning to slowly appear on Nigeria’s banking scene as the once fragile economy wriggles out of a recession that held sway between the middle of More...

By Felix OLOYEDE On Saturday, September 22nd, 2018
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 Why Polaris Bank was set up to take over Skye Bank—NDIC

NDIC Managing Director/CEE, Alhaji Umaru Ibrahim FELIX OLOYEDE The need to ensure the safety of depositors’ funds propelled the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to More...

By Felix OLOYEDE On Friday, September 21st, 2018
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Experts blame shareholders as CBN revokes Skye Bank’s license

Godwin Emefiele, CBN Governor FELIX OLOYEDE The failure of Skye Bank shareholders to recapitalize the bank, which has been battling with acute liquidity challenges is responsible for the revocation of its operating More...

By Felix OLOYEDE On Thursday, September 20th, 2018
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Bulls return to stock market, appreciates 0.33%

L–R: Mrs. Yimika Phillips, Non-Executive Director, ETransact International Plc; Ms. Tinuade Awe, Executive Director, Regulation, The Nigerian Stock Exchange (NSE); Mr. Niyi Toluwalope, Managing Director/CEO, ETransact More...

By Felix OLOYEDE On Thursday, September 20th, 2018
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Ambode 2019: The godfather’s revolt

Governor Lagos State, Akinwunmi Ambode By OBINNA EZUGWU As uncertainty continues to hover around the second term bid of Lagos State governor, Akinwunmi Ambode, following an alleged plot by the state’s political More...

By Felix OLOYEDE On Thursday, September 20th, 2018
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FG to generate N6bn from concession of 20 Silos

Audu Ogbeh, Minister for Agric and Rural Development The Federal Executive Council (FEC) on Wednesday approved the Concessioning of 20 out of its 33 Silos to private sector operators at the cost of N6 billion. The More...

By Felix OLOYEDE On Wednesday, September 19th, 2018
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Number of extremely poor continues to soar in Sub-Sahara Africa

Although globally, extreme poverty has rapidly declined, the number of people living in extreme poverty is, however, on the rise in Sub-Saharan Africa, comprising more than half of the extreme poor in 2015, a new More...

By Felix OLOYEDE On Wednesday, September 19th, 2018
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MAN sets for 46th AGM as Jacobs bows out 

Dr Frank Jacobs, President Manufacturers Association of Nigeria (MAN) The Manufacturer Association of Nigeria (MAN) has unveiled plans for its 46th Annual General Meeting and Manufacturers Annual lecture/Presidential More...