Business Capital Market

Investors chase Skye Bank shares

Ihesiulo Grace 21 July 2016 0

  Stocks of Skye Bank Plc shares topped the most traded stocks as well as the gainers chart for the second consecutive day on account of renewed investor confidence. Commenting on the stocks recovery, President of the Association of Stockbroking Houses of Nigeria, Mr. Emeka Madubuike said

Agriculture News Nigeria Top Stories

Adamawa Assembly Chides Govt over N2b Agric Loan

Ihesiulo Grace 19 May 2015 0

Adamawa State House of Assembly has chided the state government over its handling of the N2 billion agricultural loan it received from the Central Bank of Nigeria (CBN) on behalf of the states’ farmers, and has directed it to refund the money to the state coffers, because the loan was diverted for other uses. The […]

Business

CBN Boss Calls for Agricultural Rejuvenation

Ihesiulo Grace 18 May 2015 0

  The need to embrace agriculture in the nations strive for economic transformation, has again been stressed. Making this call was Mr. Moses Tule, Director, Monetary Policy, Central Bank of Nigeria (CBN) during the Second In-House Review meeting of the Institute of Food Security Environmental Resources and Agricultural Research (IFSERAR), Federal University of

Opinion

Soludo: A Pseudo-Intellectual for Hire

Ihesiulo Grace 2 May 2015 0

I have taken my time t read, albeit painfully, the very lengthy article put together by Soludo and gleefully opublished by Sahara Reporters. When I read the article from a man who literally dropped off the surface of the earth for about five years, my first question was not, “What is he saying?”, rather, “What […]

Law

It’S a Shame Lawmakers Are Law Breakers – Agbakoba

Ihesiulo Grace 28 April 2015 0

Chief Olisa Agbakoba, a Senior Advocate and former President, Nigerian Bar Association (NBA) in this interview with PETER FOWOYO, took a swipe at the members of the National Assembly for the outrageous salaries being paid to the lawmakers by the Revenue Fiscal and Mobilization Committee and quickly call on the President-elect to revert same without […]

News Top Stories

Jonathan Orders Release of Audit Report on NNPC, Denies ‘Last-Minute’ Looting

Ihesiulo Grace 28 April 2015 0

President Goodluck Jonathan yesterday reacted to reports attributed to President-elect, General Muhammadu Buhari, that he (Buhari) would re-visit the alleged missing $20bn after the inauguration of his administration. Jonathan insisted that his administration had nothing to hide on the alleged unremitted money. Accordingly, he ordered the relevant agencies of government to

Business Top Stories

LCCI Urges CBN to Relax Monetary Conditions

Ihesiulo Grace 24 April 2015 0

As investor confidence and activities pick up in Africa’s largest economy following a successful and peaceful election, the Lagos Chamber of Commerce and Industry (LCCI), has called on the country’s apex bank (Central Bank of Nigeria) to relax monetary conditions to boost lending to the real sector. Stressing the need for a review of fiscal […]

Banking Business

Keystone Bank to Be Sold during Buhari’S Tenure – AMCON      

Ihesiulo Grace 16 April 2015 0

Recent findings has revealed that earlier plans to sell Keystone Bank Limited after the general elections will have to wait for the incoming administration of President-Elect, Muhammadu Buhari, before it can proceed, the Asset Management Corporation of Nigeria (AMCON) has said. Keystone is the last of three nationalised lenders to be sold after Mainstreet Bank […]

News

CBN Governor Wants Buhari to Sell off 30% in Joint Ventures

Ihesiulo Grace 16 April 2015 0

The Central Bank Governor, Mr. Godwin Emefiele, has called on the incoming administration of General Muhammadu Buhari (rtd), to consider selling off 30 percent of the Federal Government’s majority stakes in joint ventures with multinational oil companies. This is  to shore up government finances and raise funding for infrastructure development. The suggestion is supported

News Top Stories

CBN Cuts Spending Limits on Naira MasterCard

Ihesiulo Grace 15 April 2015 0

The Central Bank of Nigeria (CBN) has moved to firm up the naira against the dol­lar. To this end, the apex bank yesterday unveiled a reduction on spend­ing limits on foreign ex­change with the Naira Mastercard. In a release made avail­able to the Daily Times by GTBank, the new monetary policy unveiled by the Central […]

Law

Electoral Offenders Should Be Prosecuted by Police, AGF

Ihesiulo Grace 7 April 2015 0

Mr. Akeem OlatundeAfolabi, a Senior Advocate, is an indigene of Offa town in Kwara state. He read law at the Usman Danfodio University, Sokoto and graduated in February 1994. Akeem, who had his Masters Degree (LL.M) at the Obafemi Awolowo University, Ile-Ife, Osun State was called to the Bar in March 1995. In this interview […]

Business Economy

50 Youths to Benefit from CBN N220bn MSME Fund

Ihesiulo Grace 7 April 2015 0

Following the launch of the Youths Entrepreneurship Strategy in Oil and Gas Industry, 50 youths has been identified as beneficiaries of the N220 billion set aside for Micro Small Medium Enterprises (MSME) through the Central Bank of Nigeria (CBN) and are billed for entrepreneurship training. Daily Times gathered that part of the N220 billion set […]

News

INEC Begins Distribution of Sensitive Materials

Ihesiulo Grace 26 March 2015 0

The Independent National Electoral Commission in Anambra state has announced that the distribution of sensitive materials for Saturday’s election would commence on Thursday. This follows the movement of the materials to the INEC office from the Central Bank of Nigeria, Awka office where they had been deposited previously. Representatives of INEC, various leaders of

News Top Stories

Elections: APC Accuses Jonathan of Withdrawing N1.3trillion from CBN Account

Ihesiulo Grace 26 March 2015 0

  The leading opposition All Progressives Congress (APC) has alleged that President Goodluck Jonathan just two days ago withdrew a whooping N1.3trillion from the account of the Central Bank of Nigeria (CBN). The APC made this known on Thursday via its facebook account (www.facebook/ All Progressives Congress). The opposition party berated the President Jonathan

Business

Nigeria Hit by Reversal of Portfolio Investments

Ihesiulo Grace 26 March 2015 0

The Nigerian economy continues to be resilient against fiscal and investment instability, the latest disclosure by the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC), shows that the economy has been hit by reversal of portfolio investments, resulting in a drop of Net Foreign Assets (NFA). The Monetary Policy Committee met on 23rd and […]

News

Crisis looms in Enugu Assembly over approval of N11bn secret loan

Ihesiulo Grace 23 March 2015 0

Tension is heightening in Enugu State, following an allegation that some members of the House of Assembly have secretly conceded to the fresh request by the outgoing government of Sullivan Chime to obtain N11 billion loan from a first generation bank purportedly for payment of debts owed to some government contractors. Concerned Citizens of Enugu […]

Education News Nigeria

CBN Empowers Students On Financial Literacy

Ihesiulo Grace 12 March 2015 0

As part of its financial literacy campaign, the Central Bank of Nigeria (CBN) on Thursday educated secondary school students in the FCT on the importance of savings.   The schools involved were Government Junior Secondary School Wuse Zone 3 and Government Secondary School Garki.   Speaking in Abuja on the topic: “Growing Your Money”, the […]