Less than two weeks after slashing the Net open Position of banks, the Central Bank of Nigeria (CBN) has again raised the figures from one per cent to three per cent. The CBN announced the cuts in the NOP on October 10 after huge demands for dollars we...
The Nigerian capital market has experienced huge volatility in the last few years. In this interview, managing director, Partnership Investment Limited and council member of the Nigerian Stock Exchange; Victor Ogiemwonyi speaks with Stanley Orons...
With the momentum high on mobile money transfer service globally, Nigeria is set to benefit from this multi-trillion naira industry. However, a number of challenges still needs to be surmounted. CHIMA AKWAJA looks at the obstacles, the unnecessary dela...
In Ezekwuabo village, Otolo Nnewi in Anambra State, Keziah Ilodiba, in the early 80s, became popular not because she is a politician or a teacher but because she runs a postal agency. Her dedication and high sense of duty displayed in her handling of p...
That the Central Bank of Nigeria intends to commence its cashless economy programme in Lagos is no longer news. What remains to be seen is whether Lagosians are prepared to cope with the radical change that will take place in financial transactions. PA...
President Goodluck Jonathan is lobbying principal officers of the National Assembly to provide soft landing for his contentious plan to remove subsidy on petroleum products, LEADERSHIP SUNDAY has learnt. A source who does not want his name in print tol...
Heavy torrential rains that lasted hours in the Lagos metropolis yesterday coupled with the overflow of Ogun River appeared to have aggravated the flooding situation in the state.Despite the restriction of movement in the state to give room...
Gunmen suspected to be Boko Haram members, yesterday killed a reporter with the Nigerian Television Authority (NTA) in Maiduguri, Zakaria Isa.LEADERSHIP SUNDAY learnt that the reporter was killed by the gunmen while he was sitting outside his house in ...
Local government and House of Representatives bye-elections in Lagos and Gombe states respectively recorded low turnout yesterday.The exercise was generally peaceful devoid of rancour and violence that charaterised elections in the country.Voting howev...
As a direct aftermath of the 2011 general elections that exposed the widening political divide between northern Nigeria’s dominant tribe and its minorities, particularly Christian minorities, the Arewa Consultative Forum is now making frantic eff...