‘Sovereign wealth fund is illegal’
The
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says the
Sovereign Wealth Fund being proposed by the Federal Government is
illegal, as its foundations are not rooted in the provisions of the
country’s constitution.
The Fund is for the
ac...
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‘Exchange will become more transparent’
Appointments since assuming office
What really
happened was that we had a deployment of a staff for administration.
Our staff just swapped places. The manager for admin took over from the
other department while the guy in that department moved over to adm...
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PERSONAL FINANCE: Celebrity endorsements
With
a population of over 150 million people, Nigeria is a marketers’ dream.
Both local and international companies must look for ways to increase
their market share by employing innovative marketing strategies. For
years, celebrities have thrown their fa...
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‘The market needs peace’
Some stockbrokers at the Nigerian Stock
Exchange (NSE) have called on Aliko Dangote, the embattled NSE
President, and Ndi Okereke-Onyiuke, the director general of the
Exchange, to settle the feud between them so that the market can return
to profitability...
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CBN insists economy is recovering
The Central Bank of
Nigeria (CBN) insists that despite claims to the contrary, the Nigerian
economy is actually growing in real terms.
Lamido Sanusi, the
CBN Governor, said in Benin, Edo State, last week that official figures
from the National Bureau of S...
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