Banks awash with excess cash amidst poverty
•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous […]
Leveraging CDMA
In the mobile world are two technologies generally being used for communication. One is the (GSM) Global System for Mobile Communications and the other is the (CDMA) Code Division Multiple Access.
Why we are resuscitating National Economic Reconstruction Fund, by SMEDAN DG
The Federal Ministry of Commerce and Industry in December 2009 approved the handing over of 22 Industrial Development Centres (IDCs) across the country to SMEDAN. What impact do you think this would have on the economy?
Rice is dutiable commodity, Customs Comptroller
The Customs Area Comptroller (CAC), Ogun State Command, Mr. Ahmed Mohammed Jamo, has declared that the current import prohibition list excludes rice as a banned item from importation, adding that rice is a dutiable import commodity that attracts duty payment both at the border stations and seaport in the country.
Osun okays N6bn private investment
Governor Olagunsoye Oyinlola of Osun State has endorsed the N6billion investment of PRISM Steel Mills, in a bid to create a condusive business environment for rapid industrialization in the state.
Nigerian power improvement program: Strategy for success
Almost everybody is in agreement that the power problem in Nigeria is long overdue for resolution. A number of national leaders and ministers had made bold promises that never materialized. The power situation has been blamed for the continuing business failures in the country, particularly the manufacturing sector.
