Can new CEOs re-energise banking?
The Nigeria banking industry is set to enter another era with the appointment of new chief executives by four banks. The banks are Access Bank Plc, Fidelity Bank Plc, Zenith Bank Plc and Skye Bank Plc.
Heavy downpour floods Lagos again
LAGOS—An afternoon downpour across Lagos yesterday flooded parts of the metropolis, causing serious gridlocks on major roads.
Senate lauds FG over ports’ concessioning
THE Senate has hailed recent concessioning of the ports by the Federal Government through the Bureau of Public Entreprises, BPE, saying it was generating high revenue for the country.
Beware of Bosnia, says FIFA expert
Walter Gagg is a FIFA Director with incredible knowledge of the round leather game.
Budget Don Kpafuka Again
In keeping with our regrettable tradition of late enactment of Appropriation Bills, the 2014 budget was belatedly approved by the legislature, in April; i.e. well over three months into the fiscal year. In this event, this year’s budget, just like previous ones, will only be partially implemented, despite the adverse social impact of partial implementation. However, late passage is not our only challenge with annual budgets.
Rebased economy and Jonathan’s burden
The base year for computing Nigeria’s GDP has now been officially shifted from 1990 to 2010. By 2016 government says the base year would shift to 2015 and every five years thereafter. In a country devoid of good news there was palpable excitement on the part of Nigerians and the federal government. Something positive is coming out of ‘Bethlehem’. With the excitement over, the time for sober reflection and introspection is here.
