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Category: Finance

[Full text] President Jonathan’s new year broadcast speech

Goodluck Ebele Azikiwe Jonathan Dear Great People of our nation, 1.         I greet and felicitate with you all as we enter the New Year today. As we mark the beginning of this New Year, 2015, a new nation is being born. 

Skye Bank to acquire Mainstreet Bank for N126bn

Skye Bank Skye Bank Plc has emerged the preferred bidder for Mainstreet Bank Limited while Cedar One Investment Partners Limited and. Fidelity Bank Plc emerged as the 1st reserve bidder and the 2nd reserve bidder. Vanguard investigation revealed that Skye

Tax evasion: Reps set to probe Shell over N700bn gas project

The House of Representatives his set to commence investigation into an alleged N7 billion tax evasion by Shell in the latter’s N700 billion gas project. The probe, according to the chamber would begin in a forthright when it would resume

Edo lawmakers pass 2015 budget

Adams-Oshiomhole.jpg Edo State House of Assembly lawmakers have passed the 2015 budget proposal submitted by Governor Adams Oshiomhole last week. Oshiomhole presented a budget of N156.551 billion, consisting of N87.56 billion as Capital Expenditure and Recurrent Expenditure of N68.99 billion.

Nigeria ranked 127 out of 144 in global competitivene


The World Economic Forum, WEF, yesterday released the 2015 Global Competitiveness Index, GCI rankings, in which Nigeria ranked 127 of the 144 countries assessed.In a sharp and strongly- worded reaction to the ranking, the National Competitiveness Council of Nigeria, NCCN,

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