PEEVED by the magnitude of undeclared crude oil and gas during the administration of former President Goodluck Jonathan, Governor of Osun State, Rauf Aregbesola has said the inability of the previous administration to control theft in the sector wrecked the Nigerian economy leading to recession.

The Federal Government, Moday, stated that from 2019, the country would begin tracking Nigeria’s crude oil and would be able to account for every drop of the commodity produced in the country.

THE interbank money market will  this week enjoy inflow of N214 billion which will reinforce the volume of idle cash (excess liquidity) in the market leading to further moderation in cost of funds.

Leading companies across the sub sectors on the Nigerian Stock Exchange, NSE, have turned in their financial performance in the first nine months of this year showing real economic recovery with high expectation for full year 2017 bumper returns.

The banking industry is growing and there will be specialization for everyone. Even from the report, the size of growth over the years using any of the metrics recorded double digit growth in the industry overall. But the tier-1 banks are growing faster. What will happen in the industry is that there will be areas of specialization.