If President Umaru Yar’Adua had not died suddenly in office in 2009, the removal of subsidy on petroleum products would have since been concluded because the federal government and the current leadership of the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) had agreed to scrap the policy, […]

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 […]