Brand, Nation and Truth: The Parable of the Apple

Good people, Great nation is the most generic description for a nation that anyone can imagine! It fails the crucial test of differentiation! It is the equivalent of what we refer to as communal properties. Every nation has a right to make that claim.
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Nigerians are the most anxious people in the world

Apostle Prophet Israel Olufemi Ibironke is the General Overseer and presiding pastor of the Assembly of the Faithful Worldwide, in this interview with GOKE OLUWOLE and TAI SHOFELA, the Flight Operations Officer with the Nigerian Airways highlights the prospect of Nigerian transforming into an economic giant and the relationship between individual success in business and [...]

Is it Helmet or Element?

I don’t want to sound sarcastic, but the attitude of most Nigerians to matters arising is either so interesting or repulsive, depending on how it appeals to your sense of judgment. Example is the recent motorbike safety rule which involved the compulsory use of helmet. We are always waiting for someone to call (or force) [...]

Investor Beware! A Preview of the Nigerian Capital Market in 2009

Capital market drivers. The prosperity of the capital market depends on the prosperity of the economy. Thus the capacity of the market to successfully provide long-term funds and a good platform to trade in the accompanying securities will depend on the strength of macroeconomic productivity. A productive economy is invariably one in which economic agents [...]

Cancellation of uniform year-end saves banking sector …bank stocks now best buys – experts

Since mid-2007, we had stridently made calls for reformation of the Nigerian stock market, we had published stories of infractions that threaten the integrity of the market, we had revealed manipulative antics of some operators and their collaborators, and had asked for more pro-active monitoring and supervision of the market, especially in transactions involving moribund companies. Some had hailed our courage for revealing the truth, some had vilified us, and some did not even pay any attention to our positions. But a five-month bearish run in the market has justified our position calling on all market players to play by the rules. The roll-out of emergency measures to put in abeyance the unwholesome domination of the capital market by the bears, have justified our principled position.

Yet, the surveillance continues.

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 [...]

DEMAND FOR NEW CARS HITS THE HIGH…INTENDING CAR OWNERS NOW ON WAITING LIST

Nigerians now seem to prefer new cars to used ones a FORTUNE&CLASS Weekly survey has shown. A snap survey conducted by the magazine’s correspondents across new cars dealers shows that there is a strong demand for new cars, especially, the Japanese and Korean brands.

Most intending buyers are now placed on waiting list. FORTUNE&CLASS correspondents [...]

FINANCE MINISTER PETITIONED OVER CBN REVERSAL OF BANKS’ UNIFORM YEAR END

A corporate lawyer, Mr. Roy Bassey Ukoh and a forensic accountant, Mr. Ori Adeyemo, have, in a joint petition forwarded to the Minister of Finance, protested the reversal of the adoption of common year end by commercial banks as earlier directed by the Central Bank of Nigeria.

The two petitioners said they were compelled [...]

FOR THE FIRST TIME…A SOCIALIST IN A STATE HOUSE

Finally, an avowed socialist is in a government house in Nigeria. It has been a long trek for that community that belongs in the ideological bend of the Marxist/Engel political thoughts. The first experience with a publicly declared socialist inclined government was way back in the 1950s when Chief Obafemi Awolowo was Premier of the [...]

FRAUDULENT CREDITS HAUNT NIGERIAN BANKS -Industry Sources Warn

Despite continued assurances made by Central Bank of Nigeria’s Governor, Prof. Chukwuma Soludo restating the healthy state of Nigerian banks, reliable banking industry sources have indicated otherwise.
The sources warn that many commercial banks’ risks exposure is quite high, this, the sources averred is responsible for the growing tension in banking operations in the country.
“Of course, [...]