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The Soludo Treatise and The FEC Rebuttal

  By Dr. Reuben Abati   It seemed like a departure from past patterns that the briefing by the Federal Executive Council (FEC) last Wednesday was largely devoted to a rebuttal of an essay written by former Central Bank of Nigeria Governor and former Gubernatorial candidate in Anambra state, Chukwuma […]

Foreign Investors Seek Asian Bonds for Yield, Currency Gain

  By MOHAMMED HADI, 230910   The yield seekers are going native.   Lured by high interest rates on offer in places like Thailand and India, relative to developed markets, as well as the prospect of foreign exchange gains, global investors have poured $19.3 billion into local-currency bond funds this […]

FG to remodel 5 Airports with N90bn

23/09/2010    Minister of Aviation, Mrs. Fidelia Njeze, yesterday said the Federal Govern-ment had given approval for the remodelling of five of the nation’s airports to international standard with about N90 billion. The money, she said, would be used in massive construction of additional runways to accommodate heavy aircraft, upgrade of […]