The Nigerian Stock Exchange has said that market operators and stockbroking firms are not to be involved in naked short selling in the capital market. The NSE said that on commencement of the process, only registered market makers would be allowed to undertake naked short selling in the market. The […]

Yesterday (4th of Jan. 2012) during a specially convened meeting of the Federal Executive Council of the Goodluck Jonathan administration Mrs. Ngozie Okonjo-Iweala, my former cabinet colleague and good friend, threatened to resign from her position as  Finance Minister and de-facto Prime Minister and go back to the World Bank […]

Barely 72 hours to the imminent shut down of the Nigerian economy by organized labour,huhuonline.com understands that government has a set aside “slush fund” of over N4billion to work against the planned strike by the labour unions.  According to sources that are privy to the scheme, government intends to use […]