
•Incompetent bankers failed to apply margin facility rules Against the widely circulated claim by some banks and regulators that stockbrokers owe about N180 billion in margin facility loans, it has now come to light that legitimate brokers who engaged in stock trading using margin loans may a...

•High interest rates worry regulator, banks. Over N250 billion has been proposed to set up an Asset Management Company (AMC) that would absorb the toxic assets of banks. ...

Nigeria’s inclination to import refined petroleum products degenerated to the ridiculous yesterday with Senegal, a country without oil deposits, now the destination point for merchants of fuel. ...

A man working with the Nigerian National Petroleum Corporation (NNPC) used to live around my house in Ibadan. I am not sure he finished secondary school. Around the time petroleum scarcity appeared in the west of Nigeria, he bought a second-hand Mercedes and married a second wife...

•‘Post invasion trauma is still unquantifiable’ The daily life of hundreds of Odi people 10 years after the military slaughtered estimated thousands of its citizens is epitomized by anger, hate, mistrust, prejudice and little support from the government. Od...

The current power generation in the country still stands at 2,800 megawatts (MW) with most of the power plants still working below installed capacities, even as the Federal Government targets 6,000 megawatts.

•FG says its 600mw short of target Fifty-eight days to the December deadline for government to deliver six thousand megawatts of power to Nigerians, it is becoming increasingly clear that the promise will not be met according to detailed investigations by BusinessDay. ...



















