Tue Jun 23, 2015/Reuters Nigeria’s states owe 658 billion naira ($3.3 billion) and one way out of the financial crisis could be for banks to extend loans to them to up to 20 years, Zamfara state governor said on Tuesday. ADVERTISING ADVERTISING President Muhammadu Buhari, who said on […]
Frauds & Scandals
CBN Sanction 4 Banks N576m For Deposit Misclassification
June 22, 2015/Leadership/ Bukola Idowu our deposit money banks have been fined N576 million by the Central Bank of Nigeria (CBN) for misclassifying some public sector deposits and not remitting what they should as cash reserve requirement in 2014. The CBN had in the first quarter of 2014 increased cash […]
Opinion: Why President Muhammadu Buhari Must Investigate Stock Manipulation in the Capital Market-Forte Oil in Perspective
June 20, 2015/The Will Mr President, permit me to seize this opportunity to congratulate you as you begin your journey as the captain of this ship called the Nigerian State. Indeed, your leadership qualities and capabilities become clearer with each passing day for all to see. Notwithstanding the sorry state […]
