With respect to the Transparency International (TI) rating, it is very useful not only for this country but for the whole world to see how endemic corruption is. In spite the various anti-corruption activities including lectures, laws, policies and directives, the general situation gives us the impression that we are not succeeding. And I believe we are not succeeding because there is a fundamental issue we have refused to tackle; and that is our political cum economic system.

Nigeria coach Shaibu Amodu described as ‘good’, the Super Eagles draw for the preliminary stage of next year’s FIFA World Cup in South Africa, but admits that things will be tough.

Mr. Sunny Akhamiokhor is the Managing Director/CEO of Support Microfinance Bank Limited. He holds a Bachelor Degree in Banking and Finance from Ogun State University . He is a Chartered Accountant,  Associate Chartered Institute of Bankers (ACIB), Fellow Chartered Management Accountant, (FCMA), Master in Business Management (MBA) and MSC.  In this interview with Vanguard, he […]

Differentiation in banking products is now becoming thin and non-existent with the advent of universal banking. All banks now provide similar products but how well and fast a bank can meet and exceed customers’ expectations determine the level of customers’ loyalty.

The opening group game with Argentina will be very crucial. Indeed, the Eagles should go in there with a winning mentality beecause that match wold define the extent they can go in the competition. A point in the opening game will mean a lot because you can’t be sure of what will happen next.

The Central Bank of Nigeria (CBN) is making frantic efforts to save the N50 billion Micro Credit Fund from becoming a failure . Introduced in 2008, the N50 billion Micro Credit Fund (MCF) was set up to enhance the flow of funds to micro enterprises in response to the short comings of the Small and Medium Enterprises Equity
Investment (SMEEIS).

Value of shares on the Nigerian Stock Exchange (NSE) depreciated by N145.88 billion in November owing to investors’ apathy fueled by uncertainties in the banking and manufacturing segments.

The Ivorians must negotiate a group including five-time World Cup winners Brazil and Portugal, who stormed back from a poor start in the qualifiers to book a place at the finals.

Henceforth, only rated insurance companies will be considered for oil and gas insurance businesses, as part of an agreement between the Federal Government and multi-national oil companies.

LASACO Assurance Plc has emerged the lead insurer for the $12m insurance account of Exxonmobil’s ERHA projects for 2010/2011 along with 21 underwriting companies.

Adamawa State Governor, Murtala Nyako has called on  primary mortgage institutions (PMIs) operating in the country to fashion out efficient plans for ensuring affordable housing for low income earners. Nyako threw the challenge during the opening of the Yola branch of Resort Savings and Loans PLC. and foundation laying ceremony of 480 housing units to […]

The Central Bank of Nigeria (CBN) has called for the establishment of a Mortgage Refinance/Liquidity Company (MRC) to revitalise the operations of the mortgage institutions in the country, and thus boost the housing finance sub-sector. The proposed liquidity firm will be a special purpose vehicle (SPV) to serve specialized second-tier institutions and provide both short-term […]

THERE has been a tendency to play safe on the part of the Nigerian media with regard to the latest hospitalisation of President Umaru Musa Yar’Adua. The Tribune Newspapers have been the boldest in covering all angles it believes relevant to the developing news.

“In spite of the effusive enthusiasm of this Administration, some Nigerians refuse to celebrate the recent debt relief conditions granted by our major creditors of the Paris club. “Under the terms of the Paris club deal, Nigeria will see $18bn of its total debt of $30bn canceled on condition that it pays the remaining $12.4bn between now and March 2006.

“It’s an easy Group, but we have to be objective in the selection of the players. I’m sure we’ll come out of that Group with our heads high. We have many players we can use if we can get the pool of good players out there. We can do well if we can discard the old ones and get fresh and new ones to do the good job for us.