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Can Nigeria build new millionaires through Dangote IPO?

Can Nigeria build new millionaires through Dangote IPO?

By MOSHOOD OSHUNFUREWA Nigeria has a long, painful, and largely unreported history with shares. The promise of ownership has repeatedly been used to separate ordinary citizens from their savings, and the consequences have rarely been visited upon those responsible. Between 2007 and 2009, an estimated N800 billion was funnelled into private placements that promised future […]
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Jonathan’s Transformation Agenda: the NEXIM bank example

Jonathan’s Transformation Agenda: the NEXIM bank example

THE President Goodluck Jonathan Transformation Agenda which has become a household name is intended to permeate a wide spectrum of the nation’s everyday life, ranging from housing, industry, energy, entertainment to the whole gamut of every facet of our social life. The present government is credited for the turnaround being experienced in many of the country’s productive sectors.

Solve electricity theft to save the power sector

Solve electricity theft to save the power sector

The FG has taken vital steps in resuscitating the electricity sector – from privatisation, intervention funds, meter procurement, and investment in new power plants to mention a few.

Will rebranding of Buhari work?

Will rebranding of Buhari work?

IN a few days from now, the Presidential election will be held in all thirty-six (36) States of Nigeria plus the Federal Capital Territory (FCT). All observers will admit that this is the closest Presidential polls since the return to democracy in 1999. We held subsequent elections in 2003, 2007, 2011, with the Peoples Democratic Party winning convincingly with landslides.

Tales of the unexpected at NNPC and CBN, By Atedo Peterside

Tales of the unexpected at NNPC and CBN, By Atedo Peterside

A foreign correspondent first called my attention to it. We were at the same party in Lagos. He leaned forward and whispered in my ear, in a tone that suggested conspiracy and/or gossip, asking if I had heard about the missing $49.8 bn at the Nigerian National Petroleum Corporation (NNPC). There was a glint in his eye. A knowing look and a half smile that said: “after all this is Nigeria and so we love to give headline coverage to the negative – theft, corruption, sleaze etc.” I pointed at the glass in his hand and asked him if he had been drinking a little too much.