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External Reserves Hit Four-year High of $38.2bn on the Back of Eurobond Issue

External Reserves Hit Four-year High of $40.4bn

• CBN to draft credit framework for SMEs, pumps $210m into FX market Following the success of the $3 billion Eurobond issue by the federal government last month, coupled with higher oil prices and production, the Central Bank of Nigeria ...

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African Shippers’ Day

African Shippers’ Day

African Shippers recently assembled in Ghana to mark the 8th African Shippers’ Day with the theme: “Trade Facilitation and its Impact on Africa’s Industrialisation”. It attracted the CEOs of all Shippers’ Council under the auspices of the Union of African ...

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NPA: When Audit Negotiates!

NPA Set-up Committee To Investigate Tin Can Fire Outbreak

It is unbelievable to hear that infighting and gross insubordination is tearing NPA apart. The Public Affairs department is polarized with the new General Manager (GM) still confused and standing alof in disagreement always with his subordinates who have mastered ...

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Banks With More Women On Their Boards Perform Better – Newman

Banks With More Women On Their Boards Perform Better - Newman

By Oyeniyi Iwakun Dr. Lucy Newman is the Managing Director/ Chief Executive Officer of Financial Institution Training Centre (FITC). She was one of the 2017 MMS Woman of Fortune Hall of Fame (WoFHoF) inductees. In this exclusive interview with MMS ...

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Women Crucial to ECOWAS Development, Says Stella Oduah

Women Crucial to ECOWAS Development, Says Stella Oduah

President of ECOWAS Female Parliamentarians Association (ECOFEPA), Senator Stella Oduah, has said that the womenfolk is crucial in the development of the regional block. She made the assertion while speaking with journalists at the on-going Second Ordinary Session of the ...

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Nigeria Seals Deal with Switzerland to Return $321m Abacha Loot

Nigeria Seals Deal with Switzerland to Return $321m Abacha Loot

Nigeria and Switzerland have sealed a Memorandum of Understanding (MoU) for the return of $321 million traced to the late former military Head of State, General Sani Abacha, The Cable reported on Monday. The deal was signed on behalf of ...

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Dangote Crashes Cement Price Online, Partners Jumia

Dangote Crashes Cement Price Online, Partners Jumia

In a new move designed to reduce price and ease logistics inherent in the purchase of its products, the management of Dangote Cement Plc has signed a pact with the e-commerce platform Jumia Nigeria to sell its cement to customers ...

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To Stem Growing Fuel Queues, Kachikwu Orders Release of Products in Storage

To Stem Growing Fuel Queues, Kachikwu Orders Release of Products in Storage

No plans to increase price of petrol, NNPC assures Worried about the implications of fuel queues at this time of the year, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Monday ordered the Nigerian National Petroleum Corporation (NNPC) ...

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Stanbic IBTC Retains AAA National Fitch Ratings

Stanbic IBTC Retains AAA National Fitch Ratings

Stanbic IBTC Bank PLC and its holding company, Stanbic IBTC Holdings PLC, have retained their AAA national ratings by Fitch Ratings, the global leader in credit ratings, reaffirming their strong fundamentals and stability, especially the ability to meet their financial ...

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Aero to Expand Ownership as Its MRO Attracts Investors

Aero to Expand Ownership as Its MRO Attracts Investors

Nigeria’s foremost airline, Aero Contractors, has concluded plans to sell part of its stakes to core investors in its bid to attract more money to fund its aircraft acquisition and boost its maintenance facility. Media learnt that the airline’s Maintenance, ...

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9mobile Denies Speculations of Barclays Withdrawal as Financial Adviser

NCC: Jan 16 Deadline for Conclusion of 9mobile Sale is Sacrosanct

Contrary to the rumour making the rounds that Barclays Africa has pulled out as the financial adviser to 9mobile investment process that will lead to the sale of the telecoms company to a willing and credible investor, the Board of ...

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CBN Injects $14.2bn into FX Market in Nine Months

CBN Injects $14.2bn into FX Market in Nine Months

Dealers foresee stronger naira The Central Bank of Nigeria (CBN) has injected a total of $14.184 billion into the interbank segment of the foreign exchange (FX) market since it started its forays in the market in February this year, figures ...

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Ovia: Emefiele is Nigeria’s Best CBN Governor Ever

Ovia: Emefiele is Nigeria’s Best CBN Governor Ever

The Chairman of Zenith Bank Plc, Mr. Jim Ovia has described the University of Nigeria, Nsukka (UNN) as a training ground for capable and committed change agents, saying this was evident in the quality and capacity of the Governor of ...

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Lagos Trade Fair Complex Drama: Traders Allege N30 billion Payment To VP, Osinbajo’s Office

Lagos Trade Fair Complex Drama Traders Allege N30 billion Payment To VP, Osinbajo’s Office

Ship Owners Urge FG To Stop Collection Of Sea Protection Levy The integrity of the office of the Vice President, currently occupied by Prof. Yemi Osinbajo has been subjected to serious questions over its alleged dealings with traders at the ...

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How Multiple Designation Policy kills Domestic Airlines’ Operations

How Multiple Designation Policy kills Domestic Airlines’ Operations

As foreign airlines continue to gain additional entry points to destinations in Nigeria, industry analysts have said the cost and impact of such a policy on the operations of domestic airlines and the industry at large is unquantifiable and capable ...

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Cultivating A Culture Of Gratitude As Panacea To Corruption

Cultivating A Culture Of Gratitude As Panacea To Corruption

By Kenneth Jukpor Giving bribes for contracts, tax evasion, fraudulent accounting, and embezzlement of money, misleading marketing, poor work environment and safety standards, and maltreatment of employees and poor salary; have become the norm in many organizations in Nigeria, especially ...

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5 Powerful Habits for Building a Growth Mindset

What if you could build just a few small habits that would change your life for the better? What if any goal were achievable? What if someone told you it was possible to live your dreams? The truth: You can ...

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Exploring Private Investments For Export/Imports Transformation

Exploring Private Investments For Export/Imports Transformation

 By Oyeniyi Iwakun During the recent stakeholders breakfast meeting on financing Inland Dry Ports (IDP) and Truck Transit Parks (TTP) organized by the Nigeria Shippers Council (NSC) and Federal Ministry of Transportation in Lagos, the Director General, Infrastructure Concession Regulatory ...

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Dorikuku Dorcas

Dorikuku Dorcas

  Mrs. Bature Dorcas works at the Nigerian Maritime Administration and Safety Agency (NIMASA). Indeed she is an epitome of grace, yet simple and disciplined; her charming appearance and high degree of intelligence are exceptional qualities that stand her out ...

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The Absurdity And Theatrics In Trade Fair Complex Concession Agreement Revocation

The Absurdity And Theatre In Trade Fair Complex Concession Agreement Revocation

 By Julius Okechukwu, Ojo, Lagos   To ascertain the propriety or otherwise of the purported revocation of the Lagos International Trade Fair Complex (LITFC) concession agreement with Aulic Nigeria Limited will require a dispassionate look at the whole arrangement from ...

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