Sobowale On Business

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Revisiting the Nigerian Stock Exchange -2

Revisiting the Nigerian Stock Exchange -2

Last week, companies listed on the Nigerian Stock Exchange, NSE, were classified into three. Those who render their Annual Reports and Accounts on time, or even ahead of time; those who fail to meet the deadline by a few weeks; and those who, invariably, have to be forced to issue their reports

Budget 2014 hostage to hostile politics

Budget 2014 hostage to hostile politics

Back in January this year, as members of the National Assembly, NASS, returned to their duties, at the Three Arms Zone, I made the point that this year’s budget would be the fifteenth to be prepared for execution by elected officials. I also predicted that we would be fortunate to have a budget signed by the President by the end of April.

Power generation and professors

Power generation and professors

“For example, Nigeria has signed an MoU with the Democratic Republic of Congo for the importation of electricity from the Inga Dam Power Plant.” Professor Nebo, Minister of Power, PUNCH, March 25, 2014.

The Inheritors (4): Chief Adeyemi Lawson (1)

The Inheritors (4): Chief Adeyemi Lawson (1)

The report by Oyetunji Abioye, also said that “SEC investigated the lender after do Rego [the Group Executive Director of Finance and Risk] told the SEC in August that Tanoh and former Chairman, Kolapo Lawson planned to sell assets below market value. Do Rego said she was pressured to write off debts owed by a business headed by Lawson and manipulate the bank’s results. Tanoh and Lawson have denied any wrongdoing,”

Okonjo-Iweala vs Sonala Olumhense: Tag teams  (1)

Okonjo-Iweala vs Sonala Olumhense: Tag teams (1)

The answer is simple. For years, if I had to choose one columnist to read every Sunday, and no other, it would be Olumhese. I stopped buying Guardian on Sunday when he left. Today, March 2, 2014, I just asked for Guardian, and there was Olumhese in a battle of words with Paul Nwabuikwu, spokesman for the Finance Minister. Spokesmen are echoes, not voices; they are like microphones.