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With Solar Power Nigeria can Generate $2bn Annually – Report

With Solar Power Nigeria can Generate $2bn Annually – Report Nigerians struggling with unreliable electricity may soon find relief, and the country could see a significant economic boost, according to a new report by Shell-funded impact investment company, All On. The report estimates that Nigeria has...

Free Zones Reform: Investors Threaten Divestment

Free Zones Reform: Investors Threaten Divestment     Leading investors in Nigerian Free Trade Zones have threatened to commence divestment from the zones and have called on the board of Nigeria Export Processing Zones Authority(NEPZA) to summon a stakeholders' meeting. A leaked draft report from the Federal Ministry of...

A Country That Is Bleeding, by Eric Teniola

A Country That Is Bleeding, by Eric Teniola       On April 22 this year, the Minister of Defense, Major General Bashir Salihi Magashi (71) (rtd) was on the spot. He told State House correspondents that “Nigeria is bleeding”. During the media chat, he informed us all...

CBN Plans To Strengthen Risk Management In OFIs

CBN Plans To Strengthen Risk Management In OFIs       The Central Bank of Nigeria (CBN) has taken moves to strengthen risk management in the financial services subsector categorized as Other Financial Institutions (OFIs), mainly mortgage banks, Finance Houses and micro-finance banks. The move is aimed at taking...