Author: InvestAdvocate

Nigerian central bank bars loans to big debtors post-crisis

Nigeria’s central bank has banned loans to 113 firms, including the country’s two major airlines, which have failed to repay debts after a 2009 financial crisis that nearly brought down the banking system, an internal document obtained by Reuters on Sunday said. The ban covers firms whose bad debts were […]

President Jonathan May Agree to Remove Oteh, Maina

President Goodluck Jonathan may give in to pressure from the National Assembly, which has pushed for the sack of the Director General, Securities and Exchange Commission (SEC), Ms. Arunma Oteh, and the Chairman of the Pension Task Team, Mr. Abdulrasheed Maina, THISDAY has learnt.   It was gathered that the […]

$2m Bribery Scandal Hits National Assembly

While Nigerians are still grappling with the show of shame involving Hon. Farouk Lawan, Huhuonline.com understands that another group of lawmakers, saddled with oversight functions, have also been linked with another bribery scandal. Our check shows that the lawmakers overseeing the joint House and Senate committee on Aviation are involved […]