Banks groan under CBN’s iron fist as economy sputters

By OKEY ONYENWEAKU Local Nigerian banks have started to groan under the tight fist of the Central Bank of Nigeria’s (CBN’s) determination to sanitise the industry and ensure that corporate governance is strictly adhered to, especially in respect of foreign repatriation of funds by way of divided payments by foreign companies in Nigeria.  Last week More...

by Uchenna Ajah | Published 3 weeks ago
By Uchenna Ajah On Monday, September 3rd, 2018
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Book Review: Financial Independence : Lessons on

Financial Freedom : Based on True Life stories. By Agbai Ina Obasi. Xulon press; 31 pages; price ? Sycophancy is generally understood as an obsequious flattery. In a graphic presentation, the writer describes it More...

By Uchenna Ajah On Monday, September 3rd, 2018
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Declining economy signposts hard times ahead

– This development will increase poverty – Experts By UCHE CHRIS A worrisome and unexpected report about the economy came from the National Bureau of Statistics, which most informed observers are still More...

By Uchenna Ajah On Monday, September 3rd, 2018
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SPECIAL REPORT:2019; APC Plot against Wike

– How APC plans to execute it By OBINNA EZUGWU In many ways, the recently held National Assembly bye-election in Rivers State – which was cancelled by the state’s residence electoral commissioner, More...

By Uchenna Ajah On Monday, September 3rd, 2018
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Huge recurrent expenditure endanger growth—Alex Otti

By OBINNA EZUGWU Former Managing Director of Diamond Bank, and front line aspirant for the Abia State governorship, Dr. Alex Otti has noted that no country which spends 70 percent of its earnings on recurrent expenditure More...

By Uchenna Ajah On Monday, September 3rd, 2018
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UBA repositions for global challenges

Recent Board changes have been made at the United Bank for Africa (UBA) to generate new thinking and a fresh perspective of the future of the bank in the various markets it has chosen to do business. Erelu Adebayo The More...

By Olaolu Ayoola On Monday, September 3rd, 2018
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Nigeria Air: Maintenance is a major ball-buster in Aviation – Adenekan

Recently Nigeria’s Minister of State for Aviation, Hadi Sirika, launched the first phase of the federal government’s efforts at starting a new national flag carrier to be called, Nigeria Air, amidst concerns More...

By Olaolu Ayoola On Monday, September 3rd, 2018
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BOLA AJIBOLA: BEFORE HE BOWS OUT

BY TOLA ADENIYI This is a special tribute to a very special man. A very unusual man. A most under-celebrated icon of immense and immeasurable proportion. A man who towers well above several men and women who have More...

By Olaolu Ayoola On Monday, September 3rd, 2018
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The Venezuela crisis and Nigeria’s woes

By TESLIM SHITTA-BEY Food is escorted under the ominous presence of heavily armed escorts of military trucks, as children with threadbare clothes and scabby bodies wave weakly at drivers as parents with sunken eye More...