Tag Archives: CBN

Nigeria: Still Investors’ Haven

Nigeria: Still Investors’ Haven

Despite the lull in economic activities due to lack of clear policy direction and the delisting of Nigerian bonds by JP Morgan, the Central Bank and financial experts insist that the economy remains attractive to foreign investors To many Nigerians, the nation’s economy is in dire straits owing to lack of clear economic policies and

Unity Bank Repositions for Growth

The management of Unity Bank says it is set to reposition the financial institution to underpin Nigeria’s growth even as Henry Semenitari, its managing director, MD, resigned last week. This is after a successful recapitalisation and re-branding exercise that evolved the bank into a profitable and customer-focused financial services company. In compliance with the requirements

FG To Privatize Railways, Inland Waterways, Others in 2015

The Federal Government has announced plans to privatize eight sectors of the economy by 2015. The sectors to be privatized include the railway, road authority, inland waterways, Ports & harbor, national transport commission, federal competition, consumer protection and postal bill. Benjamin Dikki, the Director General of the Bureau of Public Enterprises, BPE, disclosed this during

Economy: Nigeria Skirting The Circle

How I wished Tayo Akpata, Sam G. Ikoku, Bola Ige, Erhunse Bankole Akpata, Tunji Otegbeye and other departed Nigerian thinkers were alive today to see how the cooks of neo-colonial politics have spoilt the broth. I do not envy Allison, Ayida, Phillip Asiodu, Olufemi Okunnu, Mohammed Dikko Yusufu, Mohammed Ayagi, Balarabe Musa and others who


APC Condemns Devaluation Of the Naira

The All Progressives Congress, APC, has criticized the Central Bank Of Nigeria, CBN, for the devaluation of the Naira, describing the development as not healthy for Nigeria’s economy. Speaking to newsmen in Abuja on Wednesday, Lai Mohammed, National Publicity Secretary of the APC said that the devaluation of the currency has its implications on the