Business articles

CBN’s Monetary Policy Framework Is Injurious to the Economy

CBN’s Monetary Policy Framework Is Injurious to the Economy

How would you appraise the tenure of Lamido Sanusi? Sanusi and his predecessor, Soludo (Chukwuma), both promoted policies that have helped to destroy the economy. With regards to banking regulation and supervision, both of them came with reformative posturing but this has not translated to a disciplined banking sector. The huge differential between savings and

No Cause for Alarm

Ngozi Okonjo-Iweala, finance minister, sends a 102-page document to the House of Representatives Committee on Finance, showcasing the government’s achievement so far Ngozi Okonjo-Iweala, minister of finance and coordinating minister for the economy, has probably never been under as much pressure as she has experienced recently. Since mid-last year, she had at one time or

CBN After Sanusi

  When the story of who succeeds Lamido Sanusi as governor, Central Bank of Nigeria, CBN, is told, he or she will be described as the most scrutinised candidate to ever occupy the position. This is because as the countdown to June when Sanusi’s five-year tenure as CBN governor is slated to end, the stakes

Fidelity Bank Appoints New MD

Change is the only permanent thing in life. Already, the staff and management of Fidelity Bank are experiencing that as Reginald Ihejiahi, former chief executive officer, CEO, of the bank, takes a bow while Nnamdi Okonkwo takes over the mantle of leadership effective January 1, 2014. The succession process, which has been approved by the

Old Mutual Nigeria Offers Safety Measures

The Christmas season is a season of love and a time people travel from one place to another. These trips contribute to the increasing rate of avoidable road accidents and death. To guide against such accidents and safeguard lives, Old Mutual Nigeria, an insurance firm, has launched a radio campaign tagged ‘Old Mutual Safety Tips.’

FAAN Expands Lagos Airport Terminal

Passengers flying through the Murtala Muhammed International Airport, Lagos to other parts of the world were giving a pleasant Xmas surprise with the opening of the new departure/screening points of the terminal at about 6.00 am on Saturday, December 21, 2013.   The extended Departure Hall features five state-of-the-art screening machines and two Body Scanner

Arik Air Repositions For Greater Efficiency At Seven

Arik Air, celebrated its seventh anniversary recently, unveiling in the process, a Canadian Regional Jet, CRJ, 1000 model, its latest brand new aircraft. The aircraft, manufactured by Bombardier, is 39.1 metres in length, which is 2.9 metres longer than the CRJ900; it has a 7.5 per cent trailing-edge extension over the CRJ900, with a 100

Consolidating African Democracy

The United States, US, President Barrack Obama’s second visit to the African continent has just come to an end (Sunday July 2). Obama, together with his economic team, rounded off a one-week tour of three countries, which began last Wednesday. Having been to Ghana during his first visit, the president this time visited Senegal, South

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