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Good Governance: Hon. Bimbo Daramola and his 32 Bed Hospital By Ayodele Bayode
Dear Editor, I have some good words to say about Bimbo Daramola, the legislator representing
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Posts by : Bassey Udo
Nigeria must formalize tax processes to boost internal revenue- Minister
Minister of state for Finance Yerima Ngama 54 per cent of the business ventures in Nigeria is in the informal sector of the economy. …... read more
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Shell suspends gas supplies to Nigeria after ‘leak’ in Rivers pipeline
Shell announced its decision on Thursday. …... read more
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ALSCON controversy: BFIG accuses RUSAL, Nigeria’s BPE of money laundering
Photo: businessnews.com.ng ALSCON incurred massive losses for years while its asset were devalued. …... read more
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Nigeria to establish corporate governance index for listed companies
The NSE is partnering with the CBI for the project. The Nigeria Stock Exchange (NSE) is to establish a Corporate Governance Index system for listed... read more
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Nigeria ‘weak’ in oil resource governance, says Revenue Watch
Revenue Watch has ranked Nigeria amongst the weakest of 58 countries covered in the study of transparency and proper management of its oil resources. …... read more
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Brief history of State of Emergency in Nigeria
President Jonathan declared a State of Emergency in Adamawa, Borno and Yobe. …... read more
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Security tops FEC agenda for Wednesday
Tony Uranta says these men and women are dead woods The FEC holds its weekly meetings on Wednesdays. …... read more
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Nigerian Government’s failures cause World Bank to reduce funding to PPP projects
The World Bank said government agencies refused to utilise previous funds. …... read more
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ALSCON ownership: Supreme Court adjourns hearing to September
Photo: businessnews.com.ng The court’s ruling of 2012 is being interpreted differently. …... read more
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Avoid borrowing to finance budget deficit, World Bank warns Nigeria
The removal of fuel subsidy could help Nigeria accumulate a reserve that would help protect her economy from oil price volatility. …... read more
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Nigeria needs prompt automation of oil industry processes- NEITI
An automated audit process will make the exercise more effective, efficient, transparent and reliable, NEITI says. …... read more
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ALSCON ownership tussle: Supreme Court commences hearing again
Photo: businessnews.com.ng The Nigerian Supreme Court will determine who has acted contrary to ts judgement. The Supreme Court will on Monday hear the petition against... read more
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Nigeria sanctions MTN, Glo, Airtel, Etisalat for issuing pre-registered SIM cards to customers
The four operators were fined different sums of money. …... read more
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Crashing oil prices might wipe out Nigeria’s Excess Crude Account balances, IMF warns
An IMF official stated this on Thursday. …... read more
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States’ GDP computation report out soon, says Nigeria statistics bureau
The NBS said the report of the pilot project to compute state’s GDP will be published soon. The National Bureau of Statistics, NBS, said on... read more
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Non-interest banks to pay premium on contributions
The premium is to protect the investors’ interests in case the banks fold up. The Nigerian Deposit Insurance Corporation, NDIC, on Wednesday said non-interest deposit... read more
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Dangote gets N670bn loan to construct Nigeria’s biggest refinery
Aliko Dangote One of Africa’s richest men, Aliko Dangote, intends to build a petroleum refinery in Nigeria. …... read more
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Niger Delta ex-militants want Jonathan re-elected in 2015, says presidential aide
Kuku denied statements in which he was credited to have threatened the resurgence of violence in the Niger Delta if President Jonathan is not reelected... read more
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You encourage oil theft by buying stolen crude, Nigeria accuses international community
The government is investing in technology to trace the crude oil DNA to those who buy from oil thieves. …... read more
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Nigeria hails U.S. court’s dismissal of suits against oil companies, others
NEITI says it was encouraged that the dismissal of the suit. …... read more
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What Nigeria’s Federal Executive Council will discuss on Wednesday
The FEC will deliberate on the revised National Civil Aviation Policy amongst other memos to be presented. …... read more
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IFC, Bill Gates to invest N9.42bn on priority healthcare for poor Nigerians
The investment will help boost the coverage of priority health technologies and intervention service for over one million poor Nigerians. …... read more
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NEXIM Bank, Canadian export agency seek partnership to boost aviation sector financing
Canadian export agency might finance Nigeria’s ailing aviation sector. …... read more
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Appeal court asks Nigerian Police, others to pay N5mn to activist
David Ugolor was illegally detained after being accused of involvement in the murder of Olaitan Oyerinde. …... read more
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Nigeria to pay more interest on World Bank loans from 2014
World Bank says Nigeria is transiting from the extremely poor income category to the low-middle income country. …... read more
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