AP Share Price Manipulation: NSE, SEC, House of Reps side Dangote

“He should be in prison,” Otedola said.

Not a few investors in the shares of Africa Petroleum Plc and other mainstream investors were scandalised with the sanctions considered appropriate by the Council of the Nigerian Stock Exchange in chastising the individuals and organisations that were involved in Nigeria’s most publicly denounced case of [...]

CENTRAL BANK NEW NAIRA DEFENCE STRATEGY TO FAIL… FOREX ROUND TRIPPING DEEPENS

Governor of Central Bank of Nigeria, Prof Chukwuma Soludo, may be fighting a lost battle in the foreign exchange segment of the money market. Since November 2008 when the value of the Naira, the national currency commenced a tail spin in a downward spiral that has become unrelenting, the CBN Governor had continued to [...]
Continue [...]

CENTRAL BANK NEW NAIRA DEFENCE STRATEGY TO FAIL… FOREX ROUND TRIPPING DEEPENS

Governor of Central Bank of Nigeria, Prof Chukwuma Soludo, may be fighting a lost battle in the foreign exchange segment of the money market. Since November 2008 when the value of the Naira, the national currency commenced a tail spin in a downward spiral that has become unrelenting, the CBN Governor had continued to [...]

2009 Forbes Profile of Billionaires: Femi Otedola joins Dangote on World’d Richest List

Nigeria may have the honour of having two of its citizens listed in the 2009 edition of the annual Forbes list of the world richest. Fortune&Class Weekly can report that Mr. Femi Otedola, Chairman of African Petroleum Plc and Zenon Oil and Gas would join Alhaji Aliko Dangote, the first Nigerian on the list [...] [...]

Whistle Blowers Call SEC’s Attention To Eternal Oil Secret Moves To Acquire Afroil… Shares Manipulation Alleged

An under the table deal to acquire the shares of on suspension Afroil by Eternal Oil at the detriment of other shareholders in the company, has been exposed and reported to the Securities and Exchange Commission.
The SEC had in March 2008 announced the suspension in the trading of the shares of Afroil as a…
For more [...]

NATW: How The Rumour Mill Created A Mythical Fashola

The yarns still continues, but what it implies is that people now respect and trust government, it is the first requirement of democracy, it shows the connect between government and the governed. But I hope we would not be looking out for the image of Fashola in the sun that must be hurting.

McKinsey Global Survey Results: How companies make good decisions

Furthermore, strong majorities of respondents say the results of their initiatives met their expectations for speed, implementation cost, and gains in market share or efficiency.

The ‘I Before You’ Syndrome

A System can be defined as units or parts (sub-systems) that interact with each part or unit to function as a whole. The units or parts are designed in a manner that makes its operations optimal with less grid-lock and distractions or un-necessary overlapping that will create bottle necks or tardiness to function effectively so [...]