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Monday , 26 September 2016

Business

‘Buhari Yet To Decide On Which Assets To Sell ‘

buhari thinking

The Federal Government had yet to take a final decision on which of the country’s national assets it would dispose of to finance the 2016 budget. The position of the minister is against the widely held belief that the government has concluded plans to dispose of some important national assets such as the Nigerian Liquefied Natural Gas, the Nigerian National ...

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Adeosun Contradicts Emefiele,..says ‘Recession ‘ll Be Longer..’

finance-n-cbn

The Minister of Finance, Mrs. Kemi Adeosun, has said that she cannot predict when the nation will get out of the current economic recession The minister, who spoke in an interview in Abuja, stated, “I don’t want to predict when we will get out of recession. Let me tell you that we will get into growth and that’s how you ...

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Dangote Calls For Sales Of Assets..,FG,Govs Agree

dangote 62

The 36 state governors Thursday passed a vote of confidence on Minister of Finance, Kemi Adeosun and her counterpart at the Ministry of Budget and National Planning, Udoma Udo Udoma. According to a statement from the spokesperson of Vice President Yemi Osinbajo, Laolu Akande, the governors passed their votes on the ministers at the monthly National Economic Council meeting which ...

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GTBank Fashion Weekend aimed at promoting enterprise

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Leading African bank, Guaranty Trust Bank Plc, has announced the debut of the GTBank Fashion Weekend, which will hold in Lagos on November 12 and 13, 2016. The two-day consumer focused event is themed: “Promoting Enterprise.” A statement by the Bank said the event is set to create an ultimate fashion experience, where the most promising and talented retail brands ...

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Ribadu Lists 10 Steps To Kill Corruption

ribadu

Security votes for politicians is a fraud and should be condemned by all well-meaning Nigerians (1)A former Chairman of the Economic and Financial Crimes Commission, Mallam Nuhu Ribadu, on Monday said the amount being budgeted for political office holders as security votes should be stopped.“Leaders who receive huge sums of money in security votes and live in cosy government houses ...

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FCMB, Lagos to boost job creation

GMD/CEO of FCMB, Mr. Ladi Balogun

First City Monument Bank Limited has collaborated with the Lagos State Government to boost entrepreneurship and job creation. The lender said the move was meant to drive the growth of the economy of the state and the nation through programmes aimed at empowering young graduates from the state’s tertiary institutions. The Vice President, Strategy and Human Resources, FCMB, Felicia Obozuwa, ...

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Buhari, Osinbajo, others earn N2.295 billion despite ‘cut’ in salaries

muhammadu buhari

Substantial cuts in the salaries of both President Muhammadu Buhari and Vice-President Yemi Osinbajo earlier announced when the duo came to office last year may be nothing to write home about as both of them, including Cabinet Ministers and other political appointees, pocketed N2.295 billion as official salaries and allowances in the last one year, Economic Confidential can report. The ...

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BAD MARKET: 45 Nigerian Airlines Shut Down Operations In 35 Years

Arik-Airline

 by Anthony Awunor No fewer than 45 domestice airlines have shut down operations in Nigeria in the last 35 years, investigations by LEADERSHIP have revealed. The effect of the negative trend is evident in the number of industry professionals who have either lost their jobs or remained unemployed after many years of qualification. Investigation by LEADERSHIP revealed that no fewer 600 ...

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CBN Gov,Emefiele, Attacked For Saying Recession ‘ll End This Year

finance-n-cbn

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has predicted that the nation’s economy will likely come out of recession by the fourth quarter of this year when the result of the various measures put in place by the Federal Government and the monetary authorities becomes manifest…and reactions have been flowing to counter him ..Such statement is ...

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Patience Dame Ibifaka Jonathan Denies EFCC Allegations

Patience-Jonathan-400x400

Former President Goodluck Jonathan’s wife, Patience, Thursday denied allegations that her accounts were used to launder huge sums. In a statement by her media aide, Yemi Akinbode, Mrs Jonathan said she was constrained to respond to “tissues of lies being churned out” by the Economic and Financial Crimes Commission (EFCC). The statement said: “That Mrs. Patience Ibifaka Jonathan is laying ...

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