Archive For The “Articles/Features” Category

Emefiele Elected President African Central Bank Governors Forum

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Emefiele Elected President African Central Bank Governors Forum

The Assembly of Governors of the Association of African Central Bank Governors (AACB) has elected the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele as the President of the Forum for the 2016 – 2017 year. Elected, alongside Mr. Emefiele, to run the affairs of the Bureau for the period are the Governor of…

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South Africa the Largest Economy in Africa- IMF

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South Africa the Largest Economy in Africa- IMF

  The Minister of Budget and National Planning, Senator Udo Udoma, has said that Nigeria’s economy will spring up. This is coming after South Africa has been declared the largest economy in Africa by the International Monetary Fund. South Africa Overtook Nigeria as the largest economy in Africa after the recently released report by the…

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How To be an Authority in Your Field

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How To be an Authority in Your Field

“A little learning is a dangerous thing; Drink deep, or taste not the Pierian spring” – Alexander Pope Knowledge is critical to success in life. High flyers never get weary of learning. They never believe that they know enough. Therefore, they try to learn at every opportunity. Even as wise as he is known to…

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Committed Workers Will Receive Their Rewards – Ngige

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Committed Workers Will Receive Their Rewards – Ngige

  During the Joint house Union of the ministry of labour and employment, the Minister of Labour and Employment, in the person of Sen. Chris Ngige said that it would improve the working conditions of workers. He opined that the civil service is the instrument of policy formation and implementation so the federal government is…

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PENSION PLANS (1)

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PENSION PLANS (1)

  What is pension plan? This is an arrangement which takes care of how funds are being set aside for the purpose of pension payment and how the regular payment are disbursed to the retiree. The above definition looks at the plan from the funding aspect as well as the regular disbursement of the fund…

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Nigeria’s Barkindo Assumes Office as OPEC Secretary General

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Nigeria’s Barkindo Assumes Office as OPEC Secretary General

Former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mohammad Sanusi Barkindo, monday assumed office as the Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC) at the agency’s secretariat in Vienna, Austria. A statement from OPEC which THISDAY obtained in Abuja indicated that Barkindo was officially handed over to the…

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Ghost Workers: EFCC Probes Civil Servants

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Ghost Workers: EFCC Probes Civil Servants

  The ghost worker syndrome in Nigeria is at its peak, as the Economic and Financial Crimes Commission has commenced probing of some civil servants over allegations that ghost workers thrive in the service force. The Federal Government owes retirees a huge sum of about N293bn, and according to The Head of Service of the Federation, Mrs…

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Tomato Ebola: The Price of Tomato Falls

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Tomato Ebola: The Price of Tomato Falls

With the current value of a basket of tomato, it has shown that there is a fall in the  price of tomatoes. The hike in the price of Tomatoes was caused by ‘Tuta Absoluta’, a pest also known as “tomato Ebola” which ravaged farmer’s produce. A basket of tomatoes which sold from N800-N1200 took a…

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How Would Interest Rate Hike Affect Nigeria’s Economy?

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How Would Interest Rate Hike Affect Nigeria’s Economy?

Economists and manufacturers react to the increase in the benchmark interest rate by the Monetary Policy Committee of the Central Bank of Nigeria from 12 to 14 per cent My view is that the hike in interest rate is not appropriate at this time. Business and the economy are grappling with too many shocks already,…

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Army Averts Repeat Of Ikeja Bomb Explosion

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Army Averts Repeat Of Ikeja Bomb Explosion

The Nigerian Army Ordnance Corps said it has completely destroyed obsolete and unserviceable ammunition belonging to the Nigerian Navy, in a move to avert a repeat of 2002 explosion at the Ikeja Cantonment Ammunition Transit Dump (ATD). The ammunition destroyed includes Ottomat Missiles, Seacat Missiles, Aspide Missiles, Anti-Submarine Rockets, Torpedos, 500Ib Depth Chargers, 375mm Anti-Submarine…

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